Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

Benefits of a home equity loan include consistent monthly payments, lower interest rates, long repayment timelines and a ...

The standard term for a mortgage is still 25 years, but 30, 35 and 40-year home loans are becoming increasingly popular as ...

When rates are elevated, home prices high and the market tight, renting can sound like a better option than buying. But those ...

But this doesn’t mean there’s a one-size-fits-all lender. Carefully compare each home equity loan lender’s features, pros and cons to confirm which one best fits your needs.

Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.

Even so, using a home equity loan to pay off your debts isn’t a no-brainer: It carries with some unique risks. Here’s how it all works, along with the key pros and cons to consider before ...

Many lenders look for a DTI of up to 43%. In fact, for a mortgage to be eligible to be guaranteed by Freddie Mac, Fannie Mae, FHA, the VA, or USDA, borrowers must have a monthly DTI of 43% or less.

Changes to the Fed rate directly affect the rates lenders charge for most loans, while other Federal Reserve policies can ...

With stubbornly high mortgage rates, homeowners are now tapping into their home equity instead of refinancing.

Some lenders let you take out multiple personal loans, but they may cap the total amount you can borrow. Your eligibility ...