Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

If you’re in the market for a home, affordability is likely top of mind — perhaps now more than ever. The record-high home prices of recent years have led to record-high monthly mortgage payments as ...

Buying a house is among the biggest financial decisions most people make. First, you have to consider the down payment, which can account for a large portion of your savings in the short term. After ...

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...

Learn the pros and cons of different frequencies: monthly, semi-monthly, bi-weekly, accelerated bi-weekly, weekly and accelerated weekly. Many or all of the products on this page are from partners who ...

Whenever you make a big purchase, it's important to consider how it will impact your overall budget. This is especially true when you are buying something such as a car or a home – not only do you ...

The homebuying process can be daunting and exhausting. Once you’ve found your mortgage and gone through the closing process, that headache is lifted. But then you have the next step of managing and ...

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...

If you own a home and a calculator and can get your hands on a mortgage payment table, you might spend a profitable rainy afternoon figuring out the possible benefits of speeding up your mortgage ...

Homeowners often see a mortgage as one of their largest financial commitments, and paying it off faster can feel like a major financial win. Extra payments toward the principal reduce the balance more ...