FHA construction loans allow you to purchase land and build a home with the mortgage converting into long-term financing once ...
Experts tell you to shop for mortgage rates. But it could put your homebuying at risk. How do you shop lenders when buying a ...
Both FHA and USDA loans have more relaxed lending requirements than conventional loans. But, which one best suits your needs?
Maybe, in the excitement of closing on your new home, the numbers dissolved into a blur. But now, after making a few mortgage payments, you’ve started to notice how much interest you’re paying to the ...
The average down payment for first-time homebuyers is just 9%, thanks to a variety of programs that don't require the traditional 20% down. Your down payment plays a big role in your home purchase. It ...
The Federal Reserve cut its key interest rate by 0.25% to a range of 4.25%-4.5%. The move was highly expected by the market. What wasn’t expected was that the Fed ...
Thought you needed 20% down to buy a home? Or even 5%? How about 0%. Yes, these mortgages exist today. Estimate your monthly mortgage payments with taxes and insurance.
For many homebuyers, especially first-timers, saving tens of thousands for a down payment is an insurmountable challenge. Fortunately, 20% down is unnecessary. It’s even possible to purchase a home ...
Earning $100,000 is a career milestone event for many middle-class Americans. It signifies a certain level of comfort; until very recently, it was a salary level that could support the purchase of a ...