A mortgage default can hurt your credit score and lead to foreclosure. Learn how the home loan default process works and how to avoid it.

Gift money can come from relatives and even friends in some cases. It can cover your down payment and/or closing costs, reducing or eliminating the cash you need to close the home purchase.

A new study reveals that nearly 45% of borrowers in forbearance in 2024 were the result of a natural disaster, a total ...

The timing of your rate lock could save or cost you thousands of dollars. If you're in a bidding war or hoping to close ...

Fees falling outside of tolerances cost the industry more than $1 million per 1,000 loans, according to an ICE Mortgage ...

Closing timelines for mortgages tend to rise and fall on a monthly basis with most mortgages closing in an average of 44 days ...

An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.

One of the most common reasons to refinance a mortgage is to change the repayment terms, such as interest rate or loan length. This is called a rat ...

A mortgage origination fee is a charge you pay at closing to cover the cost of processing and funding your home loan. Usually ...