A second mortgage can be used to get extra cash if you have equity in your home. While this can be a good tool for some people, it can also be an unnecessary risk for others. The following explains ...

The main thing to know when refinancing a second mortgage — or exploring a refi for your primary mortgage — is that the older ...

Basically, first-lien loans let you finance a home purchase, while second-lien loans let you tap into your hard-earned home ...

A closed-end second mortgage is a type of home loan that allows homeowners to borrow against their home's equity while keeping their primary mortgage unchanged. This type of loan provides a lump-sum ...

One out of every 106 purchase mortgages is fraudulent, according to the data firm Cotality, formerly CoreLogic.

At a time when millions of would-be homebuyers are locked out of the market, a select group of homeowners is claiming a huge tax break—for second homes. Known as the mortgage interest deduction, this ...

JPFA's new mortgage program offers aid to Jefferson Parish homebuyers, including veterans and certain census tracts.

Thousands of homebuyer assistance programs across that U.S. offer down payment help, low rates and more — even if you've ...

GSE fee hike raised borrowing costs by $1,867 annually and cut high-LTV second home loans by 23%, with little gain for first-time buyers, CFPB study finds Policies put in place to spur lending for ...

It's a $26 billion housing tax break for the wealthy-but repealing it could rattle the housing market and local economies.