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Millions fear missing January’s rent or mortgage payments, says Shelter

Interest rate rise would put many more in trouble, with almost 60% saying they are already struggling to meet housing costs More than 3m households in Britain fear missing their rent or mortgage payments this month, Shelter has said, adding that an interest rate rise would put many more in trouble. Research from the housing and homelessness charity shows that almost 60% of people say they are …

Personal finance Q&A: Eliminating private mortgage insurance

Dear Liz: I bought my first home about a year ago. Because I had very little money for the down payment, I have to pay private mortgage insurance, which is a whopping $385 each month. My burning question about this is: How can I get rid of it? There must be a way to pay the loan quicker or…

You May Want to Refinance If…

With interest rates still below 4%, you may be wondering if it's a good idea to refinance your mortgage. Here are some scenarios where it might make sense.

Top 10 mortgage tips for 2015

After mortgage rates stayed surprisingly low in 2014, who knows how they will shake out in the new year? Either way, borrowers who want to refinance or buy a home have the best chance to get the lowest rate by knowing more, not less, about the mortgage game.

Mortgage approvals down in November

The number of mortgage approvals made to home buyers fell to its lowest levels in almost a year-and-a-half in November, the Bank of England has reported.