Learn why rate shopping works, how to do it correctly, and what to watch for when comparing quotes. Getting quotes from four mortgage lenders could save you more than $1,200 a year. Even one extra ...

Product typesHECM, proprietary/jumbo reverse mortgage, second-lien credit lineMaximum loan amount$4 millionMinimum ...

Every dollar counts when American households are spending an average of 7.4% of their household income on groceries, ...

Before you approve the work, make sure the charges add up. A quick check could help you avoid unnecessary fees.

A reverse mortgage allows older homeowners to get cash from the equity they've earned in their property. Unlike home equity loans or HELOCs, there's typically no credit score requirements and ...

With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where she produced daily news and feature stories. She ho... Jordan Tarver has ...

reverse mortgages and cash-in refinancing. Credit score: Most lenders require a 620 FICO score to refinance a mortgage. We noted if a lender had options for borrowers with lower credit scores.

There's a growing consensus among housing market experts that average mortgage rates will stay above 6.5% this year. Uncertainty over the impact of President Trump’s economic policies continues ...

As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise ...

Mortgage rates aren't budging, and neither is the housing market, as investors continue to weigh the unknowns of President Trump's economic policies. According to Bankrate, the average rate for ...

It could hamper your homebuying plans if you are trying to get a reverse mortgage or Title I loan insured by the Federal Housing Administration or a loan from the U.S. Department of Agriculture.