In the middle of the holiday season last year, my wife and I received a notice that gave us some sticker shock. The payment on our 30-year fixed-rate mortgage was increasing by $106 a month, jumping ...

Escrow adjustments “An escrow account is essentially a built-in savings account managed by your mortgage servicer,” explained Debbie Calixto, an Indian Wells, California-based ...

One of the main advantages of a 30-year mortgage is that the monthly payments are generally lower than other mortgage options. For example, with a $300,000 principal loan balance and 6.15% interest ...

Ramit Sethi is one of the few financial gurus who is okay with people spending their money on discretionary items. Some of these purchases may seem like a waste of money, and while he's okay with it, ...