CHICAGO (CBS.MW) -- Mortgage rates have fallen to their lowest level in three years, propelling homeowners into the refinancing market at an accelerated pace. Refinancing activity jumped to just over ...

First things first, when you are beginning to look into getting a mortgage there are three terns you need to know. Down Payment- A down payment is a sum of money that you as the buyer will put down to ...

Before refinancing, homeowners should consider the goal and cost of doing so. In light of the coronavirus, they should also inquire about any changes in the loan requirements as well as the effects of ...

Buying a home is a substantial financial investment, especially since most home buyers need to take out a home mortgage that will take 15 to 30 years to pay off. However, it's also a significant ...

WASHINGTON — The congressional response to the subprime mortgage crisis continued to evolve Wednesday as Sen. Charles Schumer said he would introduce legislation to give borrowers a simple, one-page ...

A lot has changed for the reverse mortgage industry in the last few years. For the first time in what seems like a long time, there aren’t any major program updates looming on the horizon. And now ...