The last time Mark McCollam refinanced the loan on his three-bedroom house in Los Angeles, he figured mortgage rates would only head higher from there. He was wrong. Not that he’s complaining. The aerospace engineer recently refinanced again, lowering his ...

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Buying a home subject to an existing mortgage is a somewhat arcane concept, but can be an incredibly powerful tool in the hands of the creative investor. In its simplest terms, it refers to buying a house with an existing ...

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A sudden plunge in mortgage rates last week raised an urgent question for millions of Americans: Should I refinance my mortgage? Across the country, homeowners and would-be homeowners eager for a bargain rate fired off inquiries to lenders. The opportunity ...

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Arranging for a new mortgage loan, to finance the purchase of a home or to refinance an existing loan, is very different today from the process used a few months or years ago. Even applicants with exceptionally good credit should expect extensive scrutiny when applying for a mortgage today, The New York Times reports.

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Refinancing a home mortgage is generating big-time benefits for many homeowners. That was determined in a study by Freddie Mac of refinance transactions in the last quarter of 2012.

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I live in a home that my mother and I financed jointly. I have been on the note and deed for about 10 years and have always made the payments and lived there. Our verbal agreement was that after two or three years she would give me the house because she wanted to go into a facility with people her age. She often forgets that the house is in both of our names. The last two years she was living in the home we agreed to sell it a number of times, but she would refuse to sign the final documents. I also tried to buy her out with the same result.

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DEAR BENNY: I enjoy reading your articles and I have a question of my own. My wife passed away three years ago and I recently remarried. I plan to retire this year and want to refinance my home. The house ...

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President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth.

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