An MCC allows eligible first-time homebuyers to claim a portion of their annual mortgage interest as a reduction on their ...

HomePath can lead buyers to discounted home prices and more flexible financing plans, creating a way to save on a new home ...

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

Down payment gift rules vary by loan type and lender, but generally: Lenders will require donors to write a letter stating ...

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 ...

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, ...

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

Private mortgage insurance (PMI) is an extra cost required for borrowers putting down less than 20% on a conventional loan. It allows for earlier homeownership and can be cancelled once the borrower ...

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 ...