A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...

Buying a second home can be an appealing way to lock in a vacation retreat or create an income-producing property. But the number of buyers taking out mortgages for second homes has fallen sharply — ...

Mortgage points, also known as discount points, are fees you pay a lender to reduce the interest rate on a mortgage. Each point typically costs 1% of your loan amount and reduces your interest rate by ...

The process of buying a home can be a nerve-wracking one. It's a lot of responsibility to take on, homeownership, and it's a lot of money to raise and manage. If, like most Americans, you choose to ...

Securing financing for a home is among the most significant financial decisions you'll ever make. After all, the mortgage lender you choose has an impact not only on your monthly payment, but also on ...