What is the typical down payment on a house?
The typical mortgage down payment might not be as much as you think.
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.
The typical mortgage down payment might not be as much as you think.
They sound similar, but only one assures home sellers you’re a serious buyer.
Most lenders offer a way to apply for a mortgage online, but it’s not for everyone. Here’s what to consider.
There’s one key fact that separates first-time homebuyer grants from other forms of help.
Even with this higher-than-average salary, recent market trends can make it tough to buy a house.
If you’re earning $75,000 a year, you’re below the national average. Here’s how to determine how much home that salary will buy you.
Which states have the highest and lowest average closing costs?