Experts recommend spending no more than 36% of your income on housing and debt payments, but that can be in many markets. Learn more here.

Down payment gift rules vary by loan type and lender, but generally: Lenders will require donors to write a letter stating they do not expect the gift to be repaid. The letter should also include the ...

Nearly every major agency is predicting rates in the 6s or higher for 2025. But could rates drop into the 5s? There's a solid ...

Your lender sets up mortgage escrow to collect certain expenses, like property taxes. This simplifies the homeowner's payment ...

A home equity loan is a type of second mortgage on a home that’s secured by the underlying property. Learn more here.

Homes in the United States have historically appreciated over time. This appreciation can help new homeowners build equity ...

How Should Homebuyers Navigate 2025? Each new year, millions of renters resolve to finally become homeowners. The turn of the calendar seems to offer new hope of finding a home, setting down roots, ...

You can't shop for rates until after you're pre-approved. It's usually best to stick with your pre-approval lender, especially for complex situations. For homebuyers, it’s natural to want the lowest ...