On January 15, 2025, the Consumer Financial Protection Bureau (“CPFB” or the “Bureau”) took three coordinated actions related to home equity ...

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.

Undocumented immigrants face unique challenges when seeking to purchase a home in the United States. Despite these hurdles, ...

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

What Happened? A development with far-reaching consequences for the secondary market, on January 10, 2025, the Maryland Office of ...

A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over.

Home equity is a valuable financial resource. By definition, it's the difference between your home's value and how much you ...

Plus, jumbo mortgage rates are often on par with conforming rates. Jumbo loan definition A jumbo loan, also known as a non-conforming loan, is a type of conventional mortgage. Jumbo loans surpass ...

Hypothecation is different from a mortgage, lien, or assignment. Hypothecation occurs when an asset is pledged as collateral to secure a loan. The asset owner does not give up title, possession ...

Investment property definition When using a mortgage ... since you'll be adding a new mortgage to any existing loans you're already paying. How do you get 20% down on an investment property?

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. Borrowers generally fall into two main types of classifications, depending on their credit score ...