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If you're refinancing a home, you know that getting the best mortgage depends largely on a solid appraisal

You may have heard the names Fannie Mae and Freddie Mac in the news and wondered what they are. They are government-sponsored enterprises that play a significant role in the mortgage industry. Both Fannie and Freddie buy mortgages from lenders, pool them together and sell them as mortgage-backed securities to investors.

Boomerang mortgage borrowers are back. Some of the millions of people who lost their homes to a foreclosure, bankruptcy or short sale during the past decade are returning to the real estate marketplace. What makes their homecoming possible? The time required to wait for new financing has tumbled from as long as seven years to as little as 12 months and in a few cases even less.

Just as every home is unique in its own way, a home’s best assets differ from one property to the next.

Becoming a landlord can be a savvy financial move for those prepared to take on the responsibility. With two or more properties building equity at the same time, you can expand your real-estate portfolio and build your wealth.

There are several simple and easy to do decorating ideas that can give your home a fresh look without having to invest an extensive amount of time or money.

With the 2018 tax laws officially in effect, it’s important for Americans to have a good understanding of how they will impact them and their future ability to write off certain things.

Ever wonder how a lender decides the interest rate you qualify for when you apply for a home loan? Mortgage rates are partially a function of overall market levels, which are significantly affected by decisions of the Federal Reserve. If market rates are in the 5 percent range, for example, then most borrowers won’t get rates of 3 percent or 8 percent.

If you have ever applied for a loan and been denied credit, you know how discouraging that can feel. Why does it happen? Below are some of the more common reasons lenders tend to turn down loans. Keep in mind that all lenders are different, and the intent of this article is to give you insight into their thinking, not to discourage you from applying for a loan.

There is no shortage of tips to get a mortgage, but there are also ways to lose one. That may come as a shock after so much preparation and paperwork, but borrowers with solid credit and strong incomes can miss a good mortgage deal because of a surprise snag they could have avoided.