Know mortgage basics before making the biggest financial commitment of your life. A mortgage is a loan used to purchase property in which that property also serves as collateral for the lender if the ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Mortgages generally fall into two categories: fixed-rate deals (which guarantee your rate for a set number of years), and variable rate deals (where your rate can go up or down depending on economic ...

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

which “can be paid upfront or added to your mortgage but you’ll pay interest on it”, the paper explained. Some mortgages don’t have fees but may charge higher interest rates, so comparing ...

Your mortgage statement is a document that includes key details about your loan. You'll receive a statement from your lender or servicer for each billing cycle, and it's a good idea to review ...