A jumbo loan is a mortgage that exceeds the conforming loan limits set annually by the Federal Housing Finance Agency (FHFA).

Several important refinance rates increased this week, but refinancing could be still make sense for other reasons.

The employer is expected to contribute a minimum of 7.5 per cent of the employee’s monthly emolument to the housing fund ...

If your budget allows for higher monthly payments, a 15-year mortgage offers a faster path to homeownership at a lower ...

"A HELOC may be easier to qualify for than a home equity loan due to the interest rates," says Jeremy Schachter, branch ...

Which credit score do mortgage lenders use? Fannie Mae and Freddie Mac use FICO scores to determine borrower eligibility for ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

particularly in the non-qualified mortgage market where loan terms are more flexible. But historically, recalls have occurred in the mainstream mortgage market when a primary residence or a second ...

A state court cleared billionaire Carl Icahn to continue his battle against special servicers for commercialized mortgage-backed securities loans, finding that the activist investor had standing ...

They will vary by lender. Borrowers can begin an application online or via the Rocket Mortgage mobile app. However, you’ll have to connect with a loan officer over the phone or through online ...

Even with tax paid for concessional loans, bank employees can get more savings. While eligibility criteria vary from one bank to another, the following guidelines are applicable when you apply for ...

Mortgage rates shot up over the past week, drying up home-buying and refinancing demand. But some home buyers are finding deals in adjustable-rate loans. Mortgage rates jumped 20 basis points in ...