Many lenders look for a DTI of up to 43%. In fact, for a mortgage to be eligible to be guaranteed by Freddie Mac, Fannie Mae, FHA, the VA, or USDA, borrowers must have a monthly DTI of 43% or less.

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire ...

Mortgage rates being offered today are only a hair lower for the average lender than they were on June 4th, but June 4th was the best day since early May. In other words, today's average rate is ...

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage fell modestly for the second straight week, but home borrowing costs remain elevated. The long-term rate inched back to 6.84% from 6 ...

The top tier 30yr fixed mortgage rate index rose 0.04% on Friday, which would be a medium-sized defeat in and of itself. In the broader context, however, it was an acceptable adjustment on what ...

US mortgage rates slip slightly lower while still holding below the 7% benchmark, according to the data out from Freddie Mac. The 30-year fixed-rate mortgage currently sits at 6.84% while the 15 ...

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Check out our affordability calculator to pin down your homebuying budget.) Then tap 'find my rates' to see offers that more closely match your financial picture. Does a lower mortgage rate matter?

Last week, mortgage applications fell 17%, according to the Mortgage Bankers Association (MBA). Year over year, the MBA refinance index was up 111% while the purchase index was only up 7%.

Millions more Britons face retiring with mortgage debt thanks to a surge in first-time buyers in their mid-forties and older. Many will have delayed buying because they don't have enough of a ...

This calculator shows how much the Treasury trousers from your - depending on your point of view - fun or filthy habits. Enter your drinking and smoking details to see how much of the national ...