If you plan to put less than 20% down on your home home, the lender will likely require PMI. But what does it do and how much ...

Some loan programs offer a zero down payment option. But more than likely, you'll need at least 3% down. You’re excited about the prospect of purchasing a home. Only you’ve heard that you may need to ...

Finding the perfect home can be challenging. Sometimes, the best way to get into your dream property is to simply build it from the ground up. However, financing new construction isn't as ...

If you have a low to moderate household income and want to purchase a home, you may be comparing a USDA loan vs. FHA loan. These loan products have more relaxed lending requirements than conventional ...

For homebuyers, it’s natural to want the lowest rate possible, especially since rates and home prices have risen so much in recent years. But rate shopping during the tight homebuying timeline can be ...

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 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 ...

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 ...

Do FHA Loans Have Income Limits? Many homebuyers wonder if they make too much to qualify for an FHA loan. Fortunately, FHA does not have income limits. You could make $1 million per year and still be ...