When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.

Being mortgage-free may insulate you from losing your home if you run into financial difficulties. The interest accrued on a home loan can run upwards of tens of thousands of dollars during the ...

Also, when you discuss the mortgage rate lock with your lender, ask if it will prioritize the application for a new home mortgage purchase ... but many lenders provide it for free.

Paying off your mortgage early provides peace of mind since you own your home free and clear. A smaller monthly cash outlay helps alleviate concerns about unemployment or underemployment.

Question: “I’m a mortgage prisoner at the moment and my term has expired. Who do I turn to to remortgage my property? What ...

Let’s say you’re a retiree in your 70s with $450,000 in IRAs and $400,000 in home equity, which you share with your spouse. The two of you have just received a $200,000 windfall and you’re trying to ...

TONI DAWSON, a fully-qualified Mortgage Advisor, with more than 15 years’ industry experience, shares her expertise. A home ...

current second home mortgage rates can significantly impact your finances. These rates are typically higher than primary residences due to the additional risk posed by second home ownership.

Mortgage rates not only impact your monthly payments but also affect the overall cost of your home over time. Here’s what every homebuyer needs to know about mortgage rates. Mortgage rates refer ...

Even though interest rates are higher than they were a few years ago, both new homebuyers and current homeowners looking to refinance can secure a good rate today. Plus, borrowers may soon see ...

You can tap home equity via a home equity ... though. Being debt-free feels great to my husband and me, but I recently suggested mortgage paydown to a friend who is between jobs, has the cash ...