Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

If you’re struggling to pay your mortgage, the conventional wisdom has long been to consider refinancing. Doing so has often meant a change in loan terms that can reduce monthly payments. However, ...

Want to get a loan modification on your mortgage? First, you have to pass the NPV test. The test is filled with secrets and uncertainties, though the grading is simple: You either pass or fail. Pass, ...

The collapse of the housing market has spawned a whole new industry — companies that say they can help troubled homeowners negotiate modifications to their mortgages. But officials in several states ...

If your budget feels tight each month or you aren’t reaching your savings goals, a too-high mortgage payment might be to blame. Thankfully, there are ways to lower your monthly mortgage bill and free ...

Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following the first missed payment. If you’re facing financial hardship, contact your lender ...