The FT's Stephen Foley reports on how borrowers in some parts of the US are able to get mortgages for expensive properties at rates that are lower than those on government-subsidised loans, as a result of changes in the mortgage market
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View and compare today's current mortgage rates and refinance rates with APR. Find ARM and fixed loan rate mortgages for 30 year, 15 year, 10 year, and more, along with helpful mortgage tips and Bankrate’s weekly analysis.
Jumbo Mortgage Myths That Are Holding You Back
Jumbo Mortgage Myths: #5 PMI is Required for Every Jumbo Loan. Private mortgage insurance is required on conventional loans if the borrower pays less than 20% down at purchase.
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Interest-Only Home Loans | The Truth About Mortgage
An interest-only home loan can make monthly mortgage payments a lot more affordable, but you won't actually pay down your principal balance. However, you can still gain home equity if property values rise over time.