A 40-year mortgage offers additional flexibility in exchange for paying more in interest over the life of the loan and taking longer for you to build equity in your home.

Mortgage investment firm Ellington Financial (NYSE:EFC) reported Q1 CY2025 results beating Wall Street’s revenue expectations ...

Real estate asset manager Rithm Capital (NYSE:RITM) missed Wall Street’s revenue expectations in Q1 CY2025, with sales ...

A mortgage origination fee, if you have one, is part of your closing costs. Your closing costs can include application and ...

KBRA assigns preliminary ratings to 31 classes of mortgage pass-through certificates from J.P. Morgan Seasoned Mortgage Trust 2025-1 (JPSMT 2025-1). The pool comprises 371 seasoned residential ...

The homebuying process can be nerve-wracking, especially if you have bad credit. Lenders typically want to see at least a 620 FICO score for a conventional mortgage, but some will consider ...

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages .

KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM11 ... (86.5%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (47.6%) or ...

Second home mortgages can be beneficial if you want to invest in a vacation home or a short-term rental. However, rates often change based on market conditions.

Example of an interest-only mortgage. Say you obtain a 30-year interest-only loan for $350,000, with an initial rate of 6.5 percent and an interest-only term of seven years.