Understanding bank credit is crucial for making informed financial decisions. This guide breaks down personal loans, credit ...

This week's top stories feature Santander considering quitting the UK market, and the FCA calling on the government to lay ...

Older borrowers can retain their homes whilst getting equity, according to a bank. Australia’s ageing population may lead to the rise of reverse mortgages, according to S&P Global Ratings. A reverse ...

The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row.

Experts recommend spending no more than 36% of your income on housing and debt payments, but that can be in many markets.

On January 10, 2025, the Maryland Office of Financial Regulation (OFR) issued formal guidance asserting that assignees of residential ...

Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...

Closing timelines for mortgages tend to rise and fall on a monthly basis with most mortgages closing in an average of 44 days ...

An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.

The 30-year mortgage rate has inched up to the highest level since early last summer. Refinances are unexpectedly going up.