Mortgages

For most people, buying a house is the single biggest investment of their lives. They can finally stop handing money over to a landlord every month and start building toward something. However, a house is typically too big a purchase to buy outright, so we take out a loan on it.

The word "mortgage" has an interesting history. In the Middle Ages and the early part of the modern era, a young nobleman would often have little money until he inherited his father's estate. In order to live in a manner in keeping with his social class in the meantime, he would often taking out a loan (gage) that would be paid upon the death (mort) of his father. In more recent terms, the term has been applied to any real estate loan, since they are typically paid off over most of a person's working life.

Home Loans

Find Out the Truth About a Mortgage

What Type of Mortgage Is Right for You?

Learn About a Fixed Rate Mortgage

What is an Adjustable Rate Mortgage?

Adjustable Rate Mortgage Options

30-Year Home Loans

What Is Private Mortgage Insurance?

Knowing Sub-prime Mortgages

Dangers of Current Mortgages

Should you Refinance?

What is a Second Mortgage?