New housing loans are expected to shrink by 10% this year, dragged by the central bank's stringent mortgage lending rules and weaker condominium demand from Chinese buyers, says a senior executive at Bank of Ayudhya (BAY). Both global and domestic factors are denting demand in residential...

Shopping for a new home can be intimidating. With so many things to do and think about, it’s easy to feel overwhelmed. But it doesn’t have to be that way. Here are some good tips for making the home hunting process a lot easier and...

You may be just a loan away from your dream home. You just need to learn how to get a mortgage first. There’s a little more to getting a mortgage than waltzing into your favorite bank and asking for one. After all, your financial life will...

You'll likely pay less for a loan with a lower mortgage rate. When you’re planning to buy a home, there are a lot of numbers to keep track of. One of the most important numbers is the mortgage rate. Two buyers who purchase houses for the...

If you've paid down your mortgage enough, you can get some money out of it with a cash-out refinance loan. Home is where the heart is—and where your growing pile of equity lives. Every time you make your monthly mortgage payment, your home becomes a bigger...

First what is a mortgage? Maybe first-time homebuyers are not quite familiar with this process and why it is so important in purchasing your first home.  And, the short answer to that question is: Mortgage is a loan. A little longer  answer is a loan in...

Your loan term might be fixed, but it doesn’t have to dictate when you’ll be mortgage-free. Find out how to speed up the process. A lot can happen in 30 years. Kids become adults, jobs change, and life goals are accomplished and reset. Change during such...

If you've decided to purchase a home, it's likely that you've already spent some time browsing properties online, scouting neighborhoods and touring open houses. You're doing your due diligence because you want to find the home that best suits your unique needs. Unfortunately, many homebuyers...

FICO scores, the Fair Isaac Corporation credit-scoring system, are used by lenders to determine your creditworthiness. The lower your scores, the more risk you pose to lenders, resulting in higher interest rates or loan denial. Scores fluctuate for many reasons, including your debt-to-income ratio, making minimum...

From mortgage points to PMI, unlock the essential info about how homeownership affects your tax burden. Hours after we closed on our first house, my husband and I sat in our empty new living room and stared at the walls. He was the first to speak,...