Between rising home prices and today's high mortgage rates, buying a home has gotten very expensive. "Today's home affordability is the worst we've seen since the early '80s," says Neil Christiansen, ...

Even a single 30-day late payment can drop your credit score by 50 to 100 points. Late payment marks stay on your credit ...

Most mortgages offer a 15-day grace period, though some lenders give 10 days or adjust the timeframe based on the loan type. ...

Discover how many mortgage payments you can miss before foreclosure starts and learn about lender exceptions and housing ...

The average American spends roughly 33% of their budget on housing costs, according to the Bureau of Labor Statistics.

∎Mortgage forbearance: Forbearance means putting your loan on hold. You’ll still pay interest, but your monthly payment will ...

Do you ever find yourself thinking about moving to another country for a more affordable mortgage? While there are many reasons to explore the world, a cheaper mortgage might not be one of them — ...

A biweekly payment schedule means making half a monthly mortgage payment every two weeks. Paying biweekly can save you tens of thousands of dollars in interest and accelerate your mortgage payoff.

Making more aggressive progress toward paying off your mortgage allows you to build equity in your home and gives you financial options. Some or all of the mortgage lenders featured on our site are ...

A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...