Utilities: According to Move.org, U.S. households spend an average of about $380 a month on electricity, gas and water. If you add HOA fees, phone and internet service, and other necessities, the ...

An annual salary of $75,000 is less than the median household income, which means you may face some challenges in finding a home that fits your budget in today’s challenging housing market. A lender ...

A lower mortgage rate can save homebuyers a substantial deal of money over the years, even decades, it takes to pay off a home loan.

A good starting point is to know how much house you can afford. A monthly mortgage payment weighs heavily on your budget.

To afford a $1 million house with a 20 percent down payment and a 6.5 percent mortgage rate, you’ll need about $218,000 in annual income. A common housing-affordability guideline states that you ...

When you're serious about buying a home, one of the first steps you should take is getting a mortgage preapproval. It's a relatively quick process that involves a lender pulling your credit ...