Category:
Mortgage

Man working to improve his house with a cordless drill

Best Options for Home Improvement Loans

By Bill Fay | January 15, 2019

Outdated houses can be a pain to live in and difficult to sell, prompting U.S. homeowners to spend billions of dollars annually on renovations and improvements. The high cost of…

30 mortgage paperwork

Online Homebuyer Education Courses: Your Options

By Max Fay | January 8, 2019

Four of the more popular online courses are HomeTrek, eHomeAmerica, Framework and Alliance Credit Counseling. Here’s a look at the costs and strengths of each program. Updated: April 16, 2021…

Interest Rate for HELOC - Small House sitting on top of cash

Best HELOC Options

By Bill Fay | January 3, 2019

If you have faithfully made monthly mortgage payments and (hopefully) seen the value of your home increase, you are building home equity, which can become a life raft for homeowners…

HELOC on laptop screen

HELOCs on the Rise: Why You Should Be Careful

By Bill Fay | October 18, 2018

Across America, home values are on the rise again, surging with the economy. With that surge, homeowners eager to scratch a pent-up-demand itch once again are taking out HELOCs, or home…

Lady holding card that says, "Pay off your mortgage"

How to Pay a 30-Year Mortgage In 15 Years

By Bents Dulcio | June 4, 2018

Owning a home is a major financial commitment, and with relatively higher interest rates, paying off a mortgage early can feel out of reach. But doing so can save thousands…

Man on Computer applying for a Home Equity Line of Credit

How Much Home Equity Can I Borrow?

By Mike Capuzzo | May 10, 2018

It’s time to enlarge the kitchen, add that fourth bedroom before the new baby arrives, or book the summer beach house on the Outer Banks you’ve always dreamed about. It’s…

Happy Couple in home with dog

Adjustable Rate Mortgage: How they Work, Pros and Cons

By Bill Fay | March 29, 2018

Adjustable Rate Mortgage – Universally known as ARMs – have cleaned up their image enough to once again be considered a useful product in the home-buying market. An adjustable rate…

is it time to refinance your mortgage

Considering Refinancing? Do It NOW!

By Bill Fay | March 15, 2018

Interest rates are going up, so it’s time to seriously consider refinancing your home loan. Or if you want to buy a house, it would be wise to seriously consider doing…

Happy Couple looking at different mortgages

Types of Reverse Mortgages

By Bill Fay | March 1, 2018

Reverse mortgages allow homeowners 62 and older to extract home equity without selling their houses. Reverse mortgage issuers pay cash to owners in lump sums or over time. You do…

Interest Rate for HELOC - Small House sitting on top of cash

How to Get the Best Rate on a HELOC

By Bill Fay | January 24, 2018

Once you know what a HELOC — a home-equity line of credit — is and how you intend to use it, one key question remains: How do I get the…