Most lenders require a certain amount of equity to qualify for a reverse mortgage, but the exact amount can vary.

A single-purpose reverse mortgage can offer retirees affordable access to equity, but there are strings attached.

The U.S. consumer watchdog on Thursday finalized two rules relaxing mortgage-lending requirements regarding a borrower's ability to repay, in a bid to boost the range of products available to ...

In other words, home loans haven’t become significantly cheaper, despite the Fed’s rate-cutting cycle. This leaves some homeowners with a key decision: should they use extra cash to pay down their ...

An overhaul of U.S. lending rules must boost incentives to promote affordable housing for low-and-moderate income families, a U.S. Federal Reserve governor said on Tuesday, touching on two issues ...

A mortgage company can change the terms if interest rates or your closing costs change. Lenders might not have any control over some changes to closing costs.

My wife and I could only afford to put 5% down on a new $400K home this year — now that we've come into cash, should we throw it all at our mortgage? Greg and Maya are in their early 30s and recently ...

In other words, home loans haven’t become significantly cheaper, despite the Fed’s rate-cutting cycle. This leaves some homeowners with a key decision: should they use extra cash to pay down their ...