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How Much of a Monthly Home Payment Can I Afford?

We all know that housing prices have risen significantly over the past few years. And many of us have taken on higher monthly payments already. If you’re thinking of moving soon, it can be tricky to decide just how much you can comfortably afford. And that’s true whether you’re renting or buying a home. Hint: […]

What Fed Rate Hike Means for Mortgage Rates by Jane Herro

The Federal Reserve decision on the 15th to lift its benchmark short-term interest rate by a quarter percentage point is likely to have a domino effect across the economy as it gradually pushes up rates for everything from mortgages and credit card rates to small business loans. Last week, the average rate of a thirty-year fixed […]