Using Roommates’ Rent to Help Qualify

Can you? You want to buy a property, but your income is just not there. So, you look around for a three-bedroom place and decide to take on a renter to help qualify for your new mortgage. You soon find a couple of places and the price seems okay, but you also need to find someone to rent out one of

Fed leaves rates unchanged: What it means for credit cards, mortgages, auto loans and savings accounts

The Fed's benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts.

Mortgage rates fell for the second straight week, but more borrowers still sought savings in riskier loans

Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans.

When Does It Make Sense to Use Your Home’s Equity?

Housing prices continue to rise significantly, with median home prices soaring past $400,000 for the first time. Housing prices have been going up for eight years. This means if you’re a current homeowner, you might have a significant chunk of equity in your home. When does it make sense to use that