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 ...

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

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

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

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

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

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

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

The banking giant is set to change some of its lending criteria, with some borrowers set to benefit from the changes ...

This rule lets homeowners deduct the interest they pay on their home loans, lowering their tax liability and reducing the amount they owe to the Internal Revenue Service in a given tax year. If your ...