Michele Lerner

Michele Lerner, contributor

Michele Lerner, author of New Home 101, is an award-winning freelance journalist with more than two decades of experience. Her work appears in The Washington Post, New Home Source, Fox Business, MSN, Yahoo, Realtor.com, and more.

Articles by Michele Lerner

- 6 min read

5/1 ARM or 15 year fixed? What’s better in 2019?

When mortgage rates are on the increase, should you choose a 5/1 ARM (adjustable rate mortgage) or a 15-year fixed-rate loan? Both have advantages and drawbacks you should consider.

- 4 min read

How to buy a home on $50,000 per year

You may be able to buy a home on $50,000 a year with today’s low interest rates and special mortgage programs.

- 4 min read

9 ways to keep your mortgage payments low

Home affordability depends on your mortgage payment. Here are several ways to keep your mortgage payment as low as possible.

- 5 min read

Guide To FHA Home Loans: How Much Income Do You Need?

What is the debt-to-income ratio for FHA home loans? It’s pretty flexible, and higher than you’re likely to get with other programs without fantastic credit and a big down payment.

- 4 min read

How the Mortgage Interest Deduction Helps Homeowners

The mortgage interest deduction makes homeownership more affordable for those who itemize their deductions on a Schedule A. Here’s how the mortgage interest deduction helps you, and why it’s probably not going away any time soon.