Mortgage

Rising rents have been hitting many U.S. households hard in recent months. After remaining flat for most of 2020, the national median rent rose by 17.6% in 2021 and is already up another 6.7% year-over-year in 2022. And as the largest regular expense that most households face, the rise in housing costs is squeezing budgets…

Homeownership is a common goal for millions of Americans, but a number of social and economic factors can affect peoples’ ability to reach that milestone. From income to educational attainment to racial and ethnic background, there are significant gaps in homeownership rates between different demographic groups in the U.S. And family structure and gender are…

Buying a home can be challenging for a first-timer. If you are thinking of buying a home, there’s a lot you need to know. When you buy a home, you will need to get a mortgage loan unless you have the cash to buy it outright. A mortgage is a loan that is used to…