Don't Overpay. Learn About Mortgages

Does purchasing a home make you think you need a 20% down payment? Depending on the price of the home, 20% can be a lot of money. Luckily, there are loans that allow less than 20% down. Deciding whether you should wait until you have 20% saved ...

Wondering whether you need a "mortgage commitment letter"? We explain what it is and why it could give you an edge over other home buyers.

The median pay of a real estate agent is $45,610. Most realtors work on commission and only get paid when a house sells. Learn how the business works.

Excitement about buying your first home can quickly turn into impatience when the wait seems to go on forever. Just how long does it take to buy a house?

The loan process for a mortgage is complicated. Understand how the underwriting process works so you can improve your approval odds.

A pre-approval isn't a guarantee of a loan. If you're not careful, you could lose it. Here's what to do and NOT do after your pre-approval.

Figuring out how much of your monthly income should cover your mortgage can seem overwhelming. What do the banks allow? What amount are you comfortable paying? We explore these and other questions to help you find the right mortgage payment.

A simple estimate is to spend 28% of your monthly income on housing payments. But is that ideal? Learn how to better calculate how much house you can really afford.