5 tips for for buying a home when mortgage rates are high
28/36 rule: Housing expenses (including mortgage payments, utilities, HOA fees and homeowners insurance) should be no more than 28% of your gross income and no more than 36% on debts overall. 30% rule: Keep monthly mortgage payments and other housing costs to no more than 30% of your take-home pay.
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.
Mortgage rates fell for the sixth week in a row, offering some financial relief to prospective home buyers. The 30-year mortgage rate averaged 6.76% as of Feb. 27, the lowest rate in over two months,
Today's Mortgage Rates | Rates Down to 2-Month Low
These are today's mortgage and refinance rates. Mortgage rates are the lowest they've been since December, but it's unclear where they'll go next.
30-Year Mortgage Rates Hit a New Low for 2025
Freddie Mac's average differs from what we report for 30-year rates because Freddie Mac calculates a weekly average that blends five previous days of rates. In contrast, our Inves
How buying a new car could mean getting a smaller mortgage
Coventry Building Society has revealed exactly how much a PCP deal on the latest car models could hit someone's borrowing power.
Mortgage rates move lower for another week
The yield on the 10-year Treasury bond continues to inch lower and that’s having the effect of pulling down mortgage rates. The bond’s yield has fallen fro
Standard or itemized deductions: What's the difference?
Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...
Meta plans to release standalone Meta AI app, CNBC reports
Meta Platforms plans to debut a standalone Meta AI app to join Facebook and Instagram during the second quarter, CNBC ...