Confused about borrowing options? Compare a 401(k) loan vs. personal loan to find out which is better for your finances.

A 40-year mortgage offers additional flexibility in exchange for paying more in interest over the life of the loan and taking ...

A new report released Monday provides homebuyers with comprehensive information on average mortgage rates across various loan ...

Sale-leaseback programs are popping up more and housing advocates warn the deals may not be as good as they sound for ...

Federal Reserve Credit increased $4.1 billion last week to $6.632 TN. Fed Credit was down $2.258 TN from the June 22, 2022, ...

If you've ever thought about owning rental property but didn't want the landlord life (or the six-figure price tag), this is ...

Homeowners felt the sting of both higher property-tax bills and soaring home insurance premiums in 2024. According to data ...

which says that your mortgage payment shouldn't exceed 28% of your gross monthly income. Using the 28% rule, let’s calculate how much income you’d need to afford a $300,000 mortgage.

Note: To calculate the monthly principal and interest payment, we assume a 30-year mortgage at a fixed 6.9 percent interest rate and a 20 percent down payment. Your mortgage payments will also ...

Fortunately, other strategies can shrink your monthly mortgage payment. How to reduce your mortgage payment Refinance your mortgage Eliminate mortgage insurance Consider recasting your loan Look ...

To find this number, divide the monthly mortgage payment by 28% (or 0.28): Shorter loan terms typically offer lower interest rates but result in higher monthly payments. Here's a comparison of ...

Estimate your monthly payment using NewsNation's mortgage calculator Interest rates are part of the equation; taxes, insurance also matter Here's how you can get the best mortgage rate Buyers also ...