Today’s ARMs are much more regulated now than they were back in 2008. Here’s what to know about how they work — and when they can be a strategic way to navigate a complicated housing market.

A jumbo mortgage is usually for amounts over the conforming loan limit, which can change each year. In 2024, this limit is $766,550 for most parts of the U.S. and $1,149,825 for high-cost areas.

So, is a new Tea Party on the horizon? Today, we see the same kind of voter anger, but it’s broader and less focused.

The 30-year fixed-rate mortgage has a number of advantages for homeowners and investors. But it wasn’t always the norm.

Using their GICs to help purchase a larger house makes sense, Egan said. “Even if they have to take on a small mortgage, the ...

Freedom Debt Relief takes a deep dive into whether you should aim to become debt-free before you retire and helps you make a ...

An expectant dad climbed into a van and repeatedly punched a passenger, in a road rage incident, before assaulting a female ...

An expectant father climbed into a van in a road rage and repeatedly punched a passenger before assaulting a female police ...

The benchmark 30-year fixed mortgage now stands at 6.86% after declining 2 basis points since last week. The current rates mark a sizable drop since hitting 7.80% in early October 2023, according ...

3. Take out an adjustable-rate mortgage An adjustable-rate mortgage, or ARM, is a home loan with a fixed rate for a set introductory period, such as five years.