Learn the rules of home affordability to figure out what percentage of your gross monthly income you can safely spend on housing. Caution: Your mortgage lender may very well approve you for a bigger mortgage that you can actually afford.
FHA loans are designed to low to moderate income home-buyers afford a house with more lenient credit score requirements and a low down payment. The pros and cons of using an FHA loan to buy your first house.
FHA loans help you buy a home with limited credit or a reduced down payment. Learn how to qualify for an FHA loan and what to expect when you apply.
With mortgage rates so low right now, it seems everybody is talking about what a smoking hot mortgage rate they got on their new house. But mortgage rates are tricky. It’s easy to look at a 3.75 percent APR mortgage rate and say “holy cow” when, 25 years ago, the national average interest rate for a […]