Principal and interest are the two biggest factors that make up a mortgage payment. Principal refers to the actual sum of ...

Fortunately, there are still viable ways in which homeowners can get equity out of their home without having to refinance.

The advantages of refinancing a mortgage can include lowering your interest rate, changing your loan term and unlocking some ...

Some might be. In general, most closing costs are not tax-deductible. This is because the IRS regards them as part of the ...

With a purchase-money mortgage, the seller acts as the lender and creates a contract with the home buyer. Find out if a ...

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, consolidate debt or support education expenses. Includes pros, cons and ...

Benefits of a VA loan. Here are the major advantages of a VA loan. No down payment required. While many conventional ...