Some loan programs offer a zero down payment option. But more than likely, you'll need at least 3% down. You’re excited about the prospect of purchasing a home. Only you’ve heard that you may need to ...
If you have a low to moderate household income and want to purchase a home, you may be comparing a USDA loan vs. FHA loan. These loan products have more relaxed lending requirements than conventional ...
The Federal Reserve cut its key interest rate by 0.25% to a range of 4.25%-4.5%. The move was highly expected by the market. What wasn’t expected was that the Fed ...
The average down payment for first-time homebuyers is just 9%, thanks to a variety of programs that don't require the traditional 20% down. Your down payment plays a big role in your home purchase. It ...
Maybe, in the excitement of closing on your new home, the numbers dissolved into a blur. But now, after making a few mortgage payments, you’ve started to notice how much interest you’re paying to the ...