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Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.

Ignore the annual percentage rate when shopping for a mortgage.

Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.

Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.

If you're going to live in the house make it your goal to just pay off your mortgage.

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.