The first step of the homebuying process can be one of the hardest ...

It’s true that saving for a down payment is one of the biggest hurdles to homeownership. Here's how to it do strategically.

Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

Do you dream of owning a home but struggle with the financial realities of bringing that dream to life? Before you’re ready to talk with a mortgage lender and start seeing what’s within reach, it’s ...

Not as long as their children must. Getting to 20 percent down is a lot harder these days. By Vince Dixon With each new generation of home buyers, housing prices rise — and so does the time it takes ...

A new study reported by Realtor.com analyzed the amount of time it takes to work and save to afford a 10% down payment on a home in each state. California and Hawaii, both states known for their high ...

A point is prepaid interest; so buying points is paying part of your mortgage interest upfront instead of over the life of ...

It may not seem like it’s possible to save for a down payment while you’re still renting, but you can do it. Not surprisingly, the first piece of savings advice is to follow a budget. Many articles on ...

Homebuyers are getting a bit more relief as mortgage rates continue to slide. The average 30-year fixed rate fell to 6.5% on Thursday, down from 6.56% the previous week and well below the 2025 peak of ...

Tennesseans need an average of 12.3 years to save for a home down payment. Memphis is the second easiest city in the U.S. to save for a down payment, taking 4.8 years. Franklin residents face the ...

Recent data show how typical down payments have jumped since the pandemic for first-time and repeat homebuyers alike Nastasic / Getty Images The average down payment for 2024–25 buyers hit 19%, the ...

Yes, I am well aware of the sacrosanct rule — never take money out of a retirement account before you turn 59.5 — but I did ...