Homeownership is more expensive than ever: In nearly half the country, the median household income isn't enough for a three-bedroom house. For low-income households, defined as those earning less than ...

Fannie Mae is extending for another year its $2,500 credit for very low-income borrowers. At the same time, Fannie Mae and its secondary market rival Freddie Mac have aligned their respective ...

The rate on a 30-year fixed refinance dropped to 6.23% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.35%. On a 20-year mortgage refinance, the ...