Planning to move in the next few years? Get smart about it. Swap out the high-rate, 30-year fixed you're carrying and convert it to something more appropriate. Refinancing to today's rate might save you 40 percent on your monthly payments.

According to the government, the U.S. economy shed just 11,000 jobs in November, a 100,000 job improvement from October and the lowest tally since June 2007. Furthermore, the national Unemployment Rate dropped to 10.0 percent. The data is building...

When banks make fixed-rate, principal + interest home loans, a borrower's monthly payment gets calculated from amortization schedules (ah-mor-ti-ZAY-shun). With respect to mortgages, amortization is the process of paying a loan to $0 over time. For...

It's a terrific time to shop for a mortgage. Rates are scraping all-time lows and MBS volatility is fading. Mortgage rates are changing every 5 hours on average -- a molasses pace as compared to June and the slowest rate since March. Slow and low. ...

The housing market is in recovery. There's lot of stats to back it up so take your pick: * Existing home sales are up and supplies are down * New home sales are up and supplies are way down * Pending home sales are posting at record...