What Is a No-Fee Mortgage?

What Is a No-Fee Mortgage?

Witthaya Prasongsin/Getty Images When you apply for a mortgage or refinance an existing mortgage, you want to secure the lowest interest rate possible. Any opportunity a borrower can exploit to shave dollars off the cost is a big win. This explains the allure of...
What Happens If I Stop Paying My Mortgage?

What Happens If I Stop Paying My Mortgage?

EmirMemedovski/Getty Images During the current financial crisis, you may ponder the idea of simply stopping payment on your mortgage. It is an option that some may want to consider in difficult times, but it is a bad decision all the way around. The reason: It will...
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