Home buyers seem to trust mortgage lender Frank Blakely a lot. It’s probably why he’s ranked in the top 1% of mortgage ...

Online lender Rocket Mortgage makes it easy to apply from the comfort of home, with a digital application process, web chat and screen-sharing features, plus outst ...

Wholesale mortgage lenders offer home loans through brokers and other business partners; they don't work directly with borrowers. You might find a wider range of loan options on the wholesale side. If ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Reverse mortgages require no monthly principal or interest payments. Instead accruing compounding interest. Repayment occurs upon moving out or death. Path of potential cyclone behind Hurricane Erin ...

Consumer demand for reverse mortgage products is expected to rise as the population ages more quickly. According to estimates from Business Research Insights, the global market is currently valued at ...

In the realm of homeownership, appraisals play a crucial role in determining property values. Recent developments have shed light on the prevalence of appraisal errors and the impact they can have on ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. While inflation is ...

Senate Minority Leader Chuck Schumer, D-N.Y., has introduced a bill aimed at repealing the healthcare cuts in the One Big Beautiful Bill Act and permanently extending ACA premium tax credits. Mr.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...