(NewsNation) — Mortgage rates are at their lowest level in two years — and could fall further — but interest payments are just one of the costs that come with a mortgage. Buyers also have to take into ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Whether you’re buying your first house or your forever home, understanding your monthly mortgage payment is vital before you close. It’s often the largest recurring expense in your budget, and knowing ...

If you're struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can turn that equity ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

Roughly 60% of homeowners at or approaching the age of 62 continue to make forward mortgage payments, a sizable expense as many people during that phase of life are transitioning out of their jobs and ...

What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their home equity. A reverse mortgage is a type of home loan for older homeowners.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Mortgage rates this week for a 30-year fixed loan increased to 6.3%, up from 6.26% last week, marking the first increase in the rate in several weeks. So what impact does this have on your monthly ...

The average mortgage rate on 30-year fixed home loans declined slightly to 6.17% for the week ending Oct. 30, down from 6.19% the week before, according to Freddie Mac. Rates averaged 6.72% during the ...

Oh, hi again. In today’s edition, we’re talking about a new reverse mortgage that promises rate stability for life, a ...