Home Mortgage Advice

• How to buy a condo with confidence

It's not enough to find a good location at an affordable price. Condo buyers must consider lots of extra costs, from association fees and special assessments to how well the building is maintained and how strictly it enforces rules on everything from noise to pets.

• Current mortgage rates are lower than last November

Current mortgage rates are lower than they were last November. Home loans are not only cheaper but a little easier to obtain, too.

• How to save on closing costs

You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. Here's how you can save on everything from settlement fees to title insurance.

November 8th 2016

• How to win a bidding war

Existing homes continue to be snapped up at a record pace, and competition remains fierce. That's why buyers need a winning strategy to compete for their dream home.

• 8 critical questions your Loan Estimate will answer

Borrowers are receiving a new form called a Loan Estimate after they apply for a mortgage. It explains the key terms, from interest rates to closing costs, and ensures you're getting the home loan your lender promised.

• How to tell if mortgage points are worth the cost

Paying points to get a lower interest rate is almost always a losing proposition because most homeowners don’t keep their loans long enough to recoup the up-front costs. Are you an exception to the rule?

• How much house can you afford?

How much house can you afford? If that's on your mind, you're in good company. Mortgage rates are near record lows, making it a good time to purchase.

• Will I be happy in a condo?

Before you dive into condo living, you have to make sure it's truly what you want. Use these 9 questions to make sure you'll be happy in a condo.

• 4 smart moves to challenge a home appraisal

A low estimate causes about 1 in every 10 home sales to fall through each month, agents report. Here's what to do when an appraisal of your home's value seems to miss the mark.

• Get your paperwork ready before applying for a mortgage

Here's a checklist of what you'll need and it's extensive — W-2s, pay stubs, bank statements, tax returns, brokerage statements and more. It's never too early to start a file and fill it up.