A mortgage is a type of loan for buying a home. You'll choose from a conventional or government-backed mortgage, with either a fixed or adjustable rate. To get a mortgage, you'll typically need a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

Homeowners use offset mortgages to reduce the amount of interest they pay by applying their savings balance against their mortgage debt. While this strategy can be beneficial for some, this type of ...

Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight.

Reverse mortgages let homeowners over 62 convert home equity into cash with no monthly repayments. Owners must pay house-related expenses, risking foreclosure if unable to maintain payments. In early ...

A subprime mortgage is a type of mortgage for borrowers with low credit scores. Subprime mortgages come with higher interest rates and fees, reflecting greater risk to lenders. Alternatives to a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

The Department of Housing and Urban Development (HUD) proposed a rule Monday to define a ‘Qualified Mortgage’ that is guaranteed by HUD and is now seeking public comment on the proposed rule. HUD was ...

Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the ...