A reverse mortgage can allow older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the loan isn't ...

Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight ...

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's ...

If you're saddled with a high mortgage rate, refinancing can get you a better rate and terms, help you pay off your loan faster or even enable you to convert your home equity into cash.

Definition: Chattel mortgage is a loan extended to an individual or a company on a movable property. Here, the ‘chattel’ or the movable personal property which could be a car or a mobile home can be ...

Compensation is higher for Featured placements. This table does not include all companies or all available products. Keep track of constantly changing mortgage rates across a variety of lenders. Lock ...

Rocket Mortgage has been a massive marketing machine ever since its 2016 Super Bowl "Push Button, Get Mortgage" TV ad launched the online mortgage lender into orbit. It literally changed the way ...

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

The amount you pay as a down payment can influence your mortgage interest rate. Generally, larger down payments result in lower interest rates, as lenders see these as a sign of strong financial ...