You can pay an extra $40,000 each year toward the mortgage ... A mortgage recast, also referred to as "mortgage amortization," lets you put that money toward the principal balance.

In October's mortgage roundup, learn more about Fairway's legal battles over redlining and overtime shortcomings, the Federal ...

Choosing a longer amortization period, or how long it takes you to pay off your mortgage in full ... Will you be filling up your gas tank an extra time or two a week? Will you be taking public ...

Fortunately, other strategies can shrink your monthly mortgage payment. How to reduce your mortgage payment Refinance your mortgage Eliminate mortgage insurance Consider recasting your loan Look ...

Before you dive into buying a home, it’s important understand all the terms involved. In this article, we’ll cover some ...

Matt is a Certified Financial Planner™ and investment advisor based in Columbia, South Carolina. He writes personal finance and investment advice for Motley Fool Money and its parent company The ...

The number two at Canada’s central bank just made it clear she isn’t a policy cheerleader, like the Governor has been in ...

Taking stock of your financial health and being candid with your lender can help you protect your home and credit. Beth ...

Her work has app... Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge ...