Search results
15-year vs. 30-year mortgage: Which is right for you?
Bankrate via AOL· 4 months agoKey takeaways A 15-year mortgage means larger monthly payments, but a lower rate and substantial...
Should You Make Biweekly Mortgage Payments?
Motley Fool· 12 months agoImage source: Getty Images Mortgage loans are designed to be paid off over decades, with borrowers making monthly payments typically for either 15 years...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
When is my first mortgage payment due?
Bankrate via AOL· 2 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...
These Are the Most-Googled Mortgage Loan Terms
Motley Fool· 9 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...
What is mortgage amortization?
Bankrate via AOL· 5 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...
What is a fixed-rate mortgage and how does it work?
Bankrate via AOL· 5 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...
Pros and cons of a 15-year mortgage
Bankrate via AOL· 7 days agoKey takeaways Pros of a 15-year mortgage include paying less in interest over the life of the loan as a result of a lower rate and shorter term, and...
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...
Adding just a few dollars to each mortgage payment can save thousands in interest
Las Cruces Sun-News via Yahoo News· 12 months agoIf you obtained a mortgage recently, there’s a good chance you’d like to pay it off as soon as...