Tag: Mortgages
What is your first home buyer tax credit?
Thomas Berwick/Getty Images The first home buyer tax credit was an Obama-era program that directly cuts taxes that would increase…
Closure Cost: What are they and how much are they?
Radius Images/Getty Images How much does it cost to close? Mortgage closure costs include costs associated with applying for a…
What are alienation clauses?
Fat Chance Productions/Getty Images What are the real estate alienation clauses? Alienation clauses are most standard provisions Mortgage contract To…
What is mortgage tolerance? |Bankrate
Andrew Caballero-Reynolds /Getty Images What is mortgage tolerance? Mortgage tolerance is an arrangement that allows borrowers to suspend or temporarily…
Smart strategies and outdated advice?
Images by Getty Images; Illustrations by Bankrate When mortgage rates began to rise in 2022, Americans responded by buying fewer…
What is a mortgage recast? |Bankrate
Artfoliophoto/ Getty Images; Illustrations by Austin Coule Certified/Bankrate What is a mortgage recast? Mortgage recasting is a way to lower…