Mortgage approval may get a little easier in 2025
Changes to Fannie Mae’s criteria may open a pathway to homeownership for some buyers.
5 min read
Dec 13, 2024
David McMillin
Contributor, Personal Finance
Experience
David McMillin is a contributor to Bankrate covering personal finance, including mortgages, real estate, student loans and auto loans. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: to help readers figure out how to save more and stress less. As a musician, he has spent a lot of time worrying about money, as well, and he applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
McMillin studied writing at DePauw University. He is based in Chicago and loves to discover new places. He only needs to visit four more states (Alaska, Oklahoma, Utah and Vermont) to check all 50 off his list.
David's latest articles
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Should I buy a house now, or wait?
Buy now, or wait? It’s a question many aspiring homeowners are struggling with.
6 min read Dec 10, 2024 -
How to trade in your car: 5 simple steps
Not sure how trading your car in works? Follow these steps.
5 min read Dec 06, 2024 -
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Median home prices in every state
The priciest and most affordable states in the country to buy a home.
4 min read Nov 19, 2024 -
How long does it take to buy a house?
Understanding the steps and time frame of the homebuying process.
4 min read Nov 19, 2024 -
Should you tap your home equity to invest?
It boils down to whether investment returns outweigh the interest rates.
11 min read Nov 11, 2024 -
How U.S. home sizes have evolved over time
What’s the average home size in the U.S., and how has it evolved?
5 min read Nov 08, 2024