Homebuying basics: What is a mortgage

Tuesday, March 15th, 2011

There is often an assumption that everyone knows what a mortgage is. However, many first time homebuyers only have a very basic grasp of what a mortgage is and what role it plays in enabling them to buy a house. The objective of this article, therefore, is to provide a brief overview of what a [...]

3 days to cancel mortgage app

Monday, March 14th, 2011

Regulators want to give you the right to cancel a mortgage application within three days and get a refund of the fees you paid.