Everything you need to know aboutMortgage News

Peter Miller

How to deal with the 5 percent mortgage

The 5 percent mortgage rate is here, and borrowers may want to re-think their mortgage options. But don’t worry. There are strategies to reduce mortgages rates and interest costs.

Aly J. Yale

Half of renters spend more than 30% of their income on rent

Though the recent 0.1 percent dip in national rents may seem like a reason for optimism, it turns out things are pretty bad for today’s renters. In fact, according to new data, nearly half of all U.S. renters are cost-burdened, spending more than 30 percent of their monthly income on rent.