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What is mortgage amortization?
Bankrate via AOL· 6 months agoKey takeaways Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of...
How to calculate interest on a loan: Tools to make it easy
Bankrate via AOL· 2 weeks agoKey takeaways Lenders charge two types of interest to earn money on the amount borrowed: simple or...
Should I pay off my mortgage or invest?
Bankrate via Yahoo Finance· 1 day agoKey takeaways The decision to pay off your mortgage or invest boils down to your finances and risk tolerance. A mortgage is considered “good” debt, with...
The best home loan: how to shop for and compare mortgage offers
Bankrate via AOL· 2 months agoKey takeaways By comparing offers from multiple lenders, you're more likely to find the best rate...
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...
These Are the Most-Googled Mortgage Loan Terms
Motley Fool· 10 months agoImage source: Getty Images House prices have skyrocketed nearly 29% over the past three years, according to the Federal Reserve Bank of St. Louis. That...
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...
What is a fixed-rate mortgage and how does it work?
Bankrate via AOL· 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...
No-closing-cost mortgage: How it works and how to decide if it’s right for you
Bankrate via AOL· 4 months agoKey takeaways Many lenders offer no-closing-cost mortgages, meaning you don’t need to pay the...
Prepaying your mortgage: What is it and should I do it?
Bankrate via AOL· 4 months agoKey takeaways Prepaying a mortgage means paying extra, either in periodic installments or a lump...
