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Building a new home is exciting, but figuring out how to pay for it can feel confusing. You might be wondering how a new home construction loan actually works, what it costs, and whether it’s the right choice for you. The good news is, you’re not alone – many people have the same questions when starting their home-building journey. In this blog, we’ll walk you through everything you need to know, from how construction loans […]
(This article was written originally on May 10, 2006, and has been updated.) In November 2025, awareness of 50-year mortgages hit the national airwaves following some statements of proposal by President Trump. What are the implications of a 50-year mortgage to homebuyers? We’ll discuss some of the implications below. The 30-year mortgage we all “know and love” Conventional residential loans have largely been no longer than 30 years since the years following World War II. […]