Extending a mortgage term from 30 to 50 years could lower monthly payments, making homeownership accessible to more people. Despite lower monthly payments, a 50-year mortgage results in paying ...

Housing affordability is one of the defining issues of our time, and nowhere is this more evident than in New York City. Mayor-elect Zohran Mamdani toppled Gotham’s Democratic establishment by tapping ...

While Jamie Dimon, chief executive at JPMorgan Chase & Co., recently raised concerns about credit-market conditions by noting that “when you see one cockroach, there are probably more,” there have not ...

A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...

Loss mitigation is a collaborative process between borrowers and mortgage servicers to prevent foreclosure. It involves various strategies to help homeowners manage their mortgage payments and avoid ...

Homeowners are still waiting for mortgage relief. Despite mounting expectations for Federal Reserve rate cuts, monthly payments remain high for millions of borrowers locked into rates near or above 7% ...

Building affordable housing in Cabarrus County may become easier thanks to a new loan program. The “Revolving Construction Loan Gap Fund” is a recently launched funding mechanism that’ll provide ...

Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. An apparent surge of student loan forgiveness approval letters ...

Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...

If you're considering taking over a car loan or buying a car with outstanding payments, it's important to understand both the benefits and the risks. One of the first things to consider is the ...

Lenders will often charge a higher interest rate for a second home or a property you intend to use as a rental since the risks there are higher. By Ron Lieber Mortgage lenders particularly like ...