USDA loans: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

A low interest rate environment coupled with the effects of the volatile rate environment in recent years has caused Americans who own homes to consider changing the terms of their mortgages. Their ...

Your lender might just play ball.

If you bought a home in the US in the past few years, a period when mortgage rates surged to their highest levels in more than two decades, you probably had a plan: “Date the mortgage rate and marry ...

A new study has found that consumers who received mortgage modifications outperformed those who did not on new consumer loans they opened after their initial mortgage delinquency. The study, conducted ...

The rate on a 30-year fixed refinance increased to 6.16% today, according to the Mortgage Research Center. The average ...

A short refinance allows you to change your home loan to one that’s less than what you owe on the property and may be more desirable for lenders than going through a foreclosure process. A short ...

Loan modifications and short-term loan extensions have been popular tactics among borrowers and lenders on loans backing properties facing vacancy and value declines since the pandemic. A staggering ...

Americans spend a lot on interest, an invisible expense. We tackle this in the fourth part of our seven-day playbook to get your finances in top shape.