Since 2020, the average cost of owning a home has ballooned by 26%, far exceeding wage growth for the same period. The ...

28/36 rule: Housing expenses (including mortgage payments, utilities, HOA fees and homeowners insurance) should be no more ...

Rates on 30-year new purchase mortgages dropped for a sixth day Thursday, ticking down 1 basis point to an average of 6.59%. In the past six days, the flagship rate has shed 24 points. The current ...

The U.S. Department of Housing and Urban Development (HUD) defines a low-income household as earning no more than 80% of the ...

A California native bought her first home in Texas. Her roommates pay rent, which helped her purchase an investment property ...

The banking giant has increased its loan-to-income (LTI) criteria for residential capital and interest mortgages ...

Billionaires use mortgages to buy homes so they can keep as much money as possible in wealth-growing investments. Find out ...

The yield on the 10-year Treasury bond continues to inch lower and that’s having the effect of pulling down mortgage rates.

Young Queenslanders are increasingly choosing a mortgage over marriage, with de facto couples now making up close to ...

Approximately 73% of homeowners plan to extend their mortgage terms in 2025 to lower their monthly payments, according to a ...

As home values continue to rise, many homeowners seek financial solutions that align with their property’s new, increased ...

In most cases, having a low amount of equity in your home won't automatically disqualify you from being approved by a HELOC ...