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When is my first mortgage payment due?
Bankrate via AOL· 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...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
What income do I need to afford a $900K house?
Bankrate via Yahoo Finance· 9 months agoHaving $900,000 to spend on a home purchase provides you a wide variety of options. In fact, that price tag is more than double the National Association...
Mortgage rate forecast April 2024: Fed’s uncertain timeline to keep rates at 7%
Bankrate via AOL· 2 months agoIt'll be difficult for mortgage rates to post a meaningful and sustained pullback from 7 percent...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
How to calculate loan payments and costs
Bankrate via AOL· 2 months agoKey takeaways Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via AOL· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
15-year vs. 30-year mortgage: Which is right for you?
Bankrate via AOL· 5 months agoKey takeaways A 15-year mortgage means larger monthly payments, but a lower rate and substantial...
Hungry mortgage lenders are dangling deals and discounts
Bankrate via Yahoo Finance· 1 year agoPeopleImages/Getty Images: Illustration by Issiah Davis/Bankrate Slashed rates. Discounts on future...
Mortgage points: What are they and how do they work?
Bankrate via Yahoo Finance· 8 months agoBuying a house is the most expensive purchase most of us will ever make, so naturally, anything that can reduce the cost of a mortgage is worth looking...