The average rate for a 1-year adjustable ARM was 3.11% last week, but the vast majority of homeowners (95%) still prefer fixed-rate loans when refinancing.

A down payment on your first house is probably the largest single sum of cash you'll ever put together outside of retirement savings. Where should you stash that cash? Here are three options to consider — and two to stay away from.

If you walk away from a mortgage you choose not to pay, know this – you're also walking off a cliff, as far as your credit is concerned.

For homeowners who owe more on their home than it’s currently worth, convincing the bank to accept less money than the loan is the only way to sell. But there are drawbacks. Here’s what you need to know about short sales.

(source) Money and marriage can, unfortunately, often go together like other infamous pairings. Think mongoose-snake, or Charlie Sheen and self-control. It is also often true that opposites attract – and if you found your true love in a partner who is very different than you, most likely your views on finances may not be exactly

Getting a mortgage loan is rarely quick or easy. Unlike, say, buying a new TV, the process of applying for and actually receiving a mortgage can take a significant amount of time. Because of all the steps involved, there are many chances for the unprepared home buyer to make mistakes. The good news: properly understood,

Eliminating your debt is an ambitious goal that requires planning and sacrifice in order to achieve. Though it isn’t always easy, living debt free can take a lot of stress off of your shoulders and free up money for financial goals you may not be able to reach right now. So what are some strategies