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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...
What does PITI mean, and how does it affect your mortgage?
Yahoo Personal Finance· 2 months agoPITI is an acronym for the four factors that make up your monthly mortgage payment: principal,...
Is It Still Possible to Find a Cheap Mortgage in This Market?
Motley Fool· 7 months agoImage source: Getty Images The average 30-year mortgage rate in the United States recently passed 8%...
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...
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...
Behind on mortgage payments? 6 ways to catch up
Bankrate via AOL· 2 days agoOur writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding...
How to remove mortgage insurance on an FHA loan
Bankrate via AOL· 4 months agoKey takeaways The ability to remove FHA mortgage insurance depends on your loan origination date and size of your down payment. If you got your FHA loan...
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...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 3 weeks agoKey takeaways An adjustable-rate mortgage (ARM) is a mortgage with an initial fixed interest rate that resets at periodic intervals. ARMs tend to have...
How often can you refinance your home?
Bankrate via Yahoo Finance· 2 months agoKey takeaways There is no limit on how many times you can refinance your mortgage, although lenders may enforce a waiting period, typically around six...