Krisann Valdez paid off her $150,000 mortgage six years ago. She says the peace of mind is great, but she regrets not putting ...

There are some credible reasons to borrow home equity from a paid-off home. Here are three owners should consider.

Rates have increased over the last couple of months, and second home mortgage borrowers should expect to pay a bit more to get ... your primary residence is, don't be surprised if you're stuck ...

A new housemate instantly cuts your mortgage or rent bill, sometimes by as much as half. It’s one of the easiest ways to make money from your property. And you don’t have to own a huge home to ...

Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of your ...

Buying a home will probably be the largest ... You'll have to pay monthly for private mortgage insurance if you don't, but first-time buyers these days put a median of 9% down, while repeat ...

Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could ...

Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...

It can also be an optimal choice if you’re looking to pay off your home in a shorter ... closer to retirement and don’t want to worry about paying a mortgage while on a fixed income.

Down Payment: This is the part of your home's purchase ... of years you expect to pay off the loan. You'll see that a 30-year fixed-rate loan is the default here. Don't let that stop you from ...

Whether you’re looking to fund home improvements, pay off high ... a reverse mortgage generates an on-demand lump sum of cash or an income stream. You still own the home but don't make payments ...