In its simplest form, a second mortgage is a loan taken out against your home’s equity while you’re still paying off the original mortgage. Home equity is on the rise for many American homeowners, ...

You can deduct mortgage interest on a second home, providing it constitutes a qualified home per IRS guidelines.

Assumable mortgages allow a buyer to take over the seller’s loan with the same terms and rates. But they come with some ...

“The aspect of this program that makes me nervous is the silent second mortgage,” Anneliese Lederer, senior policy counsel at ...

A mortgage for a vacation home is similar to that of your primary residence, except for a few critical differences: Second home mortgage rates tend to be higher, and it may be harder to qualify ...

I've been thinking about buying a second home, but was hesitant with high interest rates. Now that rates are dropping, it ...

After plunging last week to the lowest level in 19 months but then climbing back up, 30-year refi rates have dropped two days ...

Check out the latest trends to see what kind of second home mortgage rate you might get. What are today's second home mortgage rates? Because there's more risk to the lender, mortgage rates on ...

Last November, the 30-year mortgage rate approached 8%. After the Federal Reserve cut interest rates on September 18, it’s ...

Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right financial decision. Canadians have many different reasons to hunt for a ...

It can be extremely frustrating to track mortgage interest rates closely. Daily and even weekly, you'll see dramatic dips and ...

But those who wish to borrow additional funds, either for down payment assistance or to pull out equity from their property, can get a second mortgage. Learn what a second mortgage is, when second ...