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

Government-backed FHA loans make home ownership more accessible to first-time and repeat homebuyers needing a low down payment. While they’re a mortgage product, VA loans are also a job benefit for ...

A Mortgage Credit Certificate (MCC) is a federal tax credit program that allows eligible first-time homebuyers to claim a portion of their annual mortgage interest as a dollar-for-dollar reduction on ...

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 ...

If you plan to put less than 20% down when you buy a home, the lender will probably require private mortgage insurance, or PMI. But what does it do and how much does it cost? Estimate your monthly ...

History has proven that high rates don't last long, just two years and nine months on average. Here's how that trend could affect 2025 mortgage rates. One thing you can count on in life is that ...

A home equity loan is a type of second mortgage, which is a loan that's secured by the underlying property. For homeowners looking to access the equity in their home, second mortgages and home equity ...

A mortgage escrow is an account set up by your lender to collect certain required homeownership expenses, such as property taxes and insurance premiums, to make sure they get paid and to simplify ...