The cost of owning the typical new home sold in the US remained out of the affordable reach of the median income-earning ...

Thinking about paying off your mortgage early? Learn the pros, cons, and smarter alternatives to help you decide what’s right ...

There's an age-old debate about whether owning or renting a home is cheaper. When you factor in your hierarchy of needs, it ...

It offers a buydown of your mortgage rate: a 2% reduction the first year and a 1% discount the second. Has grants up to $7,500 to apply to borrowers’ down payment or closing costs. Available to ...

A skip-payment mortgage is a home loan product that allows a borrower to skip one or more payments without any penalty. The interest accrued during the skipped periods will instead be added to the ...

A Community Homeownership Incentive Program offers lender credits, low or no down payments, and no mortgage insurance to eligible borrowers in qualifying areas. Mortgages for medical professionals ...

One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.

CNBC Select has named the best lenders for mortgages with low down payments in a variety of categories. (See our methodology for more on how we made our selections) Best mortgage lenders for low ...

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 ...

CNBC Select has picked the top mortgage lenders with flexible credit requirements based on rates, types of loans offered, down payment and more. (See our methodology for more details.) ...

Even though interest rates are generally lower for shorter terms (like 10 years), you’ll still have higher monthly payments than you would with a 30-year mortgage—or even a 15- or 20-year.