Learn how buy-up rebates work in mortgages, offering upfront cash for higher interest rates. Understand the benefits and ...

Money Cents is sponsored by Capital Credit Union. A home equity line of credit sounds intimidating but it’s really simple. It is a credit that is backed up by the value of your home which can give you ...

Home equity loans and lines of credit allow homeowners to tap into the increased value of their homes.

Securing a home loan is probably one of the most stressful parts of buying a new home. To get the best loan possible, it’s important to know what factors affect interest rates — a fraction of an ...

More than just one's income is a factor that determines the ability to borrow money. When determining the amount of money that you are able to borrow that is within your financial means, brokers take ...

Borrowers are treating home loans as long-term commitments, comparing interest rates, and utilising online tools to evaluate options effectively.

For many homeowners in Idaho, tapping into home equity can be an excellent way to finance major expenses such as home renovations, debt consolidation, or even investment opportunities. A home equity ...

When closing on the financing of either a refinance or a purchase transaction, interest on the loan will be collected from the borrower and prepaid to the lender upon funding of the loan. Easy enough, ...

A home equity conversion mortgage (HECM) is a type of reverse mortgage. The Federal Housing Administration (FHA) insures the mortgage, which helps seniors cash out their home equity. This can be a ...