Home Mortgage

Don't Fall for these 10 Mortgage Misconceptions

Because most people only purchase a home every five to seven years, prospective home buyers understandably don’t spend a lot of time in the interim educating themselves about mortgages and the mortgage process. But that can be costly. 

Fannie Approves 3% Down Payments

Fannie Mae and Freddie Mac on Monday announced details of a controversial plan to allow some first-time homeowners to obtain a mortgage while putting down just 3% of the price of the home.  

Paying the Mortgage by Passing the Buck

Homeowners who seek to offset their mortgages by turning to part-time or full-time renters have a slew of options to help cover their expenses entirely.

New Math for Home Affordability

Figuring out how much house you can afford is about to get more complicated as the housing market emerges from crisis.