Rolling in closing costs into a mortgage avoids paying money upfront, but it is costly and signals a need to save more before buying a home

Fannie Mae and Freddie Mac are government sponsored enterprises (GSEs). They buy mortgages from lenders to free up capital for borrowers.

Many mortgage companies have a biweekly payment plan to make 13 payments each year. This can you save thousands of dollars interest.

The 2008 Financial Crisis was due to mortgage defaults, MBOs, CDOs. AIG needed a government bailout to pay claims and avoid financial ruin

Loan-to-value (LTV) is what lenders measure when a borrower buys or refinances a home. The higher the risk, the higher the interest rate.

PMI occurs when you do not have at least 20% of equity or 80% loan-to-value when you purchase the home.