Mortgages
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Mortgage Basics
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Latest Articles
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What is an interest-only mortgage and how does it work?
Are you one of the few these high-risk loans can benefit?
5 min read Mar 14, 2024 -
What are mortgage-backed securities?
Your humble home loan may be part of an asset that keeps mortgage money flowing.
8 min read Mar 14, 2024 -
How often should you compare mortgage rates?
Don’t go crazy. But it’s important to look regularly when looking to purchase or refinance.
5 min read Mar 13, 2024 -
How to write a letter of explanation for a mortgage
There’s no need to panic, but it’s important to do it right. Your loan may depend on it.
7 min read Mar 13, 2024 -
Open-ended mortgages: What are they and how do they work?
In some ways, an open-end mortgage is similar to a home equity line of credit (HELOC).
4 min read Mar 12, 2024 -
What is Ginnie Mae?
You don’t interact with it. But it makes that affordable mortgage of yours possible.
6 min read Apr 12, 2024 -
Mortgage accelerator loan: What is it and how does it work?
Though there’s buzz around mortgage accelerator loans, they aren’t for everyone.
3 min read Mar 11, 2024 -
Younger homeowners more likely to have used retirement savings for a down payment — should you?
Is it worth using retirement savings to fund a down payment on a home?
5 min read Mar 11, 2024 -
What is a mortgagee clause?
It’s often mandatory if you’re buying a home with a mortgage.
6 min read Mar 11, 2024 -
What is a gift letter for a mortgage?
Many times, homebuyers turn to others to get enough cash upfront for a mortgage.
10 min read Mar 08, 2024