down payment

It's no secret that now seems like a good time to buy a home: Affordability is high and interest rates are low. But those positives aren't translating into sales. Why? Mortgage issues and down payments remain choke points for buyers.

A 53-year-old woman got divorced in May, and now, she wants to relocate to a new city and buy a little bungalow for herself and her 100-pound dog. But with her low income, she's wondering whether her best bet to get that home is deplete her retirement savings and buy it with cash. Our experts weigh in.

The administration's proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.

Historically low mortgage rates are making houses more affordable in terms of "the monthly nut," but other considerations can trump simple affordability, and ignoring those hidden costs and risks can turn buying a home into a potential financial disaster.

Now that the home buyer tax credit program has expired, job growth and mortgage availability will likely be the key factors determining the rate of existing home sales, which unexpectedly dipped 2.2% in May to a 5.66 million unit pace.

A lot of factors play into the decision to become a first-time home buyer. It takes confidence in the market, in the economy, and in your own financial strength as well as requiring good credit, a steady job -- and a down payment. Those down payments can range from 3% at the low-end (for FHA...

On this week's "Show & Tell with The 2 Mortgage Guys," we're talking about gift money. Are you thinking about buying a home? Have you saved up for a down payment? We'll explain how using gift money could put you in a position to buy a home without the need for a huge savings account. Ryan...

It's time to buy a home! That's what I hear several times a week from friends, co-workers and commercials. I've heard the same prediction since I graduated four years ago and signed a lease on an apartment to share with my new wife. We've been living in the apartment ever since, and despite its...