mortgage

Mortgage rates were headed down Friday after Federal Reserve Chair Jerome Powell said the central bank is starting to see unemployment as a bigger risk to the U.S. economy than…

Price increases for credit scores have a trade group for mortgage lenders floating the idea of letting lenders pull one score instead of three. Mortgage Bankers Association President and CEO…

When you’re house hunting, getting pre-approved for a mortgage is an essential first step. But how long does that pre-approval actually last? Whether you’re browsing homes for sale in Austin,…

Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its…

Key takeaways A 30-year mortgage on a $1M house costs between $6,700–$8,200 per month Over 30 years, you may pay over $1M in interest at today’s rates Factors like loan…

Yes, it is possible to get a mortgage without two years of work history.  Lenders generally like to see at least two years of steady employment. It gives them confidence…

If you’re eyeing homes in the $250,000 range, you’re likely asking: How much do I need to make to afford it? The income needed for a $250k mortgage depends on…

Getting pre-approved for a mortgage is one of the first steps in the homebuying journey. It gives you a clear picture of how much house you can afford and shows…

Before you close on your dream home, there’s one step that can save you from costly surprises: the home inspection. This is a thorough check of the home’s structure and…

If you’ve got your eye on a $400,000 home, you’re probably asking yourself: How much house can I afford? The income needed for a $400k mortgage comes down to a…