Do USDA Loans Have Mortgage Insurance?
USDA loans offer a variety of attractive features, such as zero required down payment and...
November 25, 2024 7 min read
USDA loans offer a variety of attractive features, such as zero required down payment and...
Appraisals are usually an unavoidable cost when buying a home. Here's how much they typically cost.
The cost of a Thanksgiving meal has come down 9% since 2022. Home prices have only dropped 5%. What would the housing market be like if home prices were dropping as fast as turkey prices?
A balloon mortgage is a medium-term real estate loan that allows borrowers to make low...
Many homeowners assume that any money spent on improvements will translate into increased resale value. The reality is more complex.
First-time homebuyers have access to a variety of loan options, down payment assistance programs, and government-backed resources to make homeownership more affordable. From low-down-payment conventional loans to state, federal, and nonprofit programs, there are many ways to reduce upfront costs and find the right mortgage for your needs.
A typical first-time buyer house payment eats up 50% of the median income. But these aren't uncharted waters. It just feels terrible because the early 2020s were comparatively so cheap.
USDA loans require zero down payment, but closing costs are still required. Here's how much you might pay, and what the costs are for.
Mortgage points, also known as loan discount points, are fees you pay upfront to reduce...
Your principal and interest payment won't change when you have a fixed-rate mortgage. But a house payment might contain 6 other elements that CAN change.
