Mortgage
ajcasanova/Getty Images; Illustration by Issiah Davis/Bankrate Key takeaways Despite the common belief that elections negatively impact the housing market, data…
Key takeaways Conforming loans are mortgages that meet the criteria set by the Federal Housing Finance Agency (FHFA). They’re eligible…
Key takeaways An adjustable-rate mortgage (ARM) is a mortgage with an initial fixed interest rate that resets at periodic intervals.…
Key takeaways VA loans offer many benefits such as no down payment/mortgage insurance, easier qualifications and lower interest rates. However,…
Key takeaways The Home Ownership and Equity Protection Act (HOEPA) is a federal law that aims to protect consumers from…
jessica.kirsh/Shutterstock Key takeaways The right of rescission allows homeowners to back out of certain refinance, home equity loan and HELOC…
Key takeaways A wraparound mortgage is a unique form of seller financing in which the seller keeps their mortgage and…
Key takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse mortgage falls…