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Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways Mortgage recasting allows you to pay a lump sum toward your mortgage in order to reduce your remaining monthly payments and interest. When...
Here's what to do if you get behind on your mortgage payment
CBS MoneyWatch via Yahoo Finance· 7 months agoMortgage delinquency rates have gone down slightly this year, but for those homeowners who are...
Reverse mortgage pros and cons: What every senior should know
Bankrate via AOL· 3 months agoKey takeaways If you’re a homeowner aged 62 or older, a reverse mortgage can help you obtain...
What does PITI mean, and how does it affect your mortgage?
Yahoo Personal Finance· 1 month agoPITI is an acronym for the four factors that make up your monthly mortgage payment: principal,...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 1 month agoSometimes, it’s hard to feel like you made a good investment by buying a home — especially if you owe more on your mortgage than your house is currently...
What is a fixed-rate mortgage and how does it work?
Bankrate via Yahoo Finance· 6 months agoKey takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether it spans 30 years, 15 years, or any other...
Mortgage loan modification: What it is and how to get one
Bankrate via Yahoo Finance· 2 months agoKey takeaways Loan modifications are a long-term mortgage relief option for borrowers experiencing...
When is my first mortgage payment due?
Bankrate via Yahoo Finance· 3 months agoKey takeaways The first mortgage payment is usually due a full month after your closing date — on the first day of the month. When you make mortgage...
Mortgage rates top 7% again as housing confidence plummets
Yahoo Money· 2 years agoMortgage rates surpassed 7% again this week after a short-lived respite as Americans’ confidence in...
Jeremy Hunt to hold mortgage summit to pile pressure on banks to increase support
The Independent UK via AOL· 11 months agoJeremy Hunt will hold a summit to pile pressure on Britain’s biggest banks to increase support to...