Mortgage Articles

Three female roommates sitting around the dining table in their apartment.

Sept. 30, 2024 | By Kristi Waterworth

25% of Millennials Expect to Rent Forever. Is That a Good Move?

In the ongoing saga of renting versus buying a home, renting is looking more appealing than ever. Find out why it's still not a great idea here.

A women sitting at a sunny desk with a laptop, calendar, and planner.

Sept. 30, 2024 | By Emma Newbery

3 Housing Market Predictions for 2025

Experts predict average mortgage rates may fall as low as 5.55% by the end of 2025. Find out what might cause the shift and how the changes will impact you.

Man and woman look at homes on a laptop.

Sept. 29, 2024 | By Matt Frankel, CFP®

Expert Predictions: Will House Prices Get More Affordable After Fed Rate Cuts?

If you're trying to buy a home, the Fed rate cuts could help you. But it won't happen overnight. See how Fed rate cuts could help create cheaper mortgages.

A smiling person sitting at their dining table and writing in a notebook next to an open laptop.

Sept. 29, 2024 | By Matt Frankel, CFP®

Prediction: This Will Be the Single Biggest Impact of the Fed's Rate Cuts

One type of falling interest rates could result in trillions of dollars of economic activity. Keep reading to learn about it.

A realtor handing a set of house keys to a smiling man and woman.

Sept. 29, 2024 | By Kristi Waterworth

45% of Millennials Are Now Homeowners. See How Your Generation Stacks Up

Millennials had a slow start at homeownership, but are starting to catch up now. Find out more about how this generation and others have done here.

A couple standing in a new home with their realtor and signing papers.

Sept. 28, 2024 | By Matt Frankel, CFP®

Why Buying a Home Could Be Easier in 2025 -- Even if Home Prices Stay High

Are you looking to buy a home, but are having trouble making the numbers work? Here's why you might get a better chance in 2025.

A man and woman sitting at a table on their tree-covered backyard deck and enjoying breakfast and coffee.

Sept. 28, 2024 | By Kailey Hagen

Mortgage Rates Are Dropping After the Fed's Rate Cut. Here's Why I'd Still Wait to Refinance

Mortgage rates are starting to fall, but that doesn't mean it's a good time to refinance. Find out why I'd wait a little longer.

Two people standing in the front yard of a house and speaking with their realtor.

Sept. 28, 2024 | By Kristi Waterworth

Prediction: Buying a Home Won't Be Any Easier After Mortgage Rates Drop

With rates hovering around 7%, buying a home has been hard, but with rates closer to 6%, it may well become a battle. Read on to learn more.

A person standing and looking out the window of their apartment.

Sept. 28, 2024 | By Jordi Lippe-McGraw

Why Renting Might Be a Smarter Financial Move Than Buying in 2025

Renting can save you money with lower upfront costs, no surprise maintenance, and greater flexibility. Learn more here.

A woman packing moving boxes in a sunny apartment.

Sept. 27, 2024 | By Kristi Waterworth

Single People Spent More on Housing Than Married Couples in 2023, According to New Survey

The singles tax is everywhere, even in housing. If you thought having a roommate was enough, think again. Find out how much you're spending here.

Folded currency bills in the shape of a house

Sept. 27, 2024 | By Matt Frankel, CFP®

The Average Mortgage Payment Just Declined Sharper Than It Has Since 2020 -- Time for You to Buy a House?

Home prices haven't come down, but falling mortgage rates have made buying more affordable. Read on to learn more.

A glass jar that reads House Fund half filled with coins

Sept. 27, 2024 | By Kailey Hagen

67% of Millennials Have No Savings for a Home Down Payment. How Do You Compare?

Inflation and high home prices are keeping many millennials from purchasing their first home. Take a closer look at how they're doing.

Real estate agent and worried couple look through documents.

Sept. 26, 2024 | By Ashley Maready

Buying a House? Here Are the 3 Biggest Mortgage Mistakes to Avoid

A house could be the biggest purchase you ever make. Read on for a few potential pitfalls to sidestep if a home loan is on your radar.

a bunch of hundred dollar bills in the shape of a house

Sept. 25, 2024 | By Ashley Maready

Prediction: Even After Mortgage Rates Fall, Buying a Home Still Won't Be Easy

Lower mortgage rates mean home buyers will be on easy street, right? Perhaps not. Read on to see why you should still expect difficulty if you're buying soon.

Sept. 24, 2024 | By Ashley Maready

3 Ways Becoming a Homeowner Has Improved My Finances -- So Far

Sometimes it's worth giving up a cheap lease. Read on to learn how one writer took on a costly mortgage but is coming out ahead in other ways.

A family of five eating dinner at a backyard patio table.

Sept. 24, 2024 | By Matt Frankel, CFP®

Mortgage Rates Are Plunging -- Is it Time For You to Refinance Yet?

Mortgage rates have fallen to their lowest level since early 2023. Should you apply to refinance? Keep reading to find out.

Two smiling people sitting on the floor between moving boxes.

Sept. 24, 2024 | By Ashley Maready

The Fed Rate Cuts Have Begun. Here's What They Mean for Your Mortgage

Lower mortgage rates are likely in our future. Read on to see what you need to do -- whether you're a homeowner or aspire to be.

A happy couple with a calculator and bills.

Sept. 21, 2024 | By Dana George

Here's How to Know When It's Time to Refinance Your Mortgage

Mortgage rates may be dropping, but it's up to you to know refinancing makes the most sense. Here's how to figure it out.

A woman sitting on her couch and looking over paperwork with a tablet open on the coffee table.

Sept. 20, 2024 | By Kailey Hagen

Here's How Much of the Average American's Income Goes Toward Housing

Housing is most people's largest monthly expense. See how much of the typical homeowner's income goes toward housing costs.

A woman chats with her realtor while standing outside a nice house.

Sept. 20, 2024 | By Matt Frankel, CFP®

Prediction: Here's How Much Cheaper the Average Mortgage Payment Will Be in 2025

Mortgage rates have fallen significantly but could drop even further in 2025. Find out what it could mean for you.

An upset man reading bills on his couch.

Sept. 19, 2024 | By Ashley Maready

Here's How Buying a Home Can Be a Disaster for Your Finances

Homeownership isn't always a smart move. Keep reading to learn how to tell whether it will be for you.

A family meets with a realtor, who points at paperwork and smiles in a kitchen.

Sept. 18, 2024 | By Ashley Maready

Can You Get Away With Making Less Than a 20% Down Payment on a Home?

A 20% down payment is required to become a homeowner, right? Nope. Keep reading to find out why a smaller down payment isn't necessarily bad.

Sept. 16, 2024 | By Kristi Waterworth

2 Situations When You Should Never Refinance Your Mortgage

With the Federal Reserve poised to knock down rates, it's tempting to plan a refinance. But does it make financial sense? Find out here.