If you apply for a mortgage to buy a home or to refinance your current home loan, chances are high that your mortgage lender is going to require you to get an appraisal before approving you for the ...

Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...

What are some of the costs a homeowner must pay when refinancing their mortgage? Yahoo Finance lead editor and content ...

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) this week announced a new policy enabling mortgage borrowers to “request a re-assessment of the ...

A mortgage company can change the terms if interest rates or your closing costs change. Lenders might not have any control over some changes to closing costs.

Lenders require appraisals for home equity loans and HELOCs to reduce the risk of default and ensure they can recover the loan amount if borrowers do not repay. Home ...

When a big portion of your paycheck disappears into your mortgage, it’s hard to make space for anything else. But the amount ...

Eighteen months after the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, the rules shaping its implementation have begun to rain down from the designated regulators. For the ...

Does an outdated and sluggish appraisal system give an outsized advantage to cash buyers? A recent panel discussion sponsored by the Urban Institute (UI) led to that conclusion. Four experts gathered ...

The lack of access to mortgage financing can keep communities and families from building wealth, a new report shows.