Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...

Credit card issuers are required to include a “minimum payment warning” in compliance with amendments to the Truth in Lending ...

Homeownership is a significant milestone that can help you build wealth. Monthly payments go toward home equity instead of ...

Median home prices dropped for a seventh month in January, but mortgage rates climbed. That has pushed the average monthly payment up in most of the 50 largest metros.

One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' ...

Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could ...

The recent disastrous wildfires in Southern California are an extreme example of the challenges homeowners face after their ...

A larger down payment doesn’t just reduce the size of your mortgage; it also gives you access to better loan terms and lower interest rates. This article will provide practical, actionable strategies ...

Halifax and Lloyds customers are also told to contact their bank directly to request compensation. They can do so via phone, ...

Down Payment: This is the part of your home's purchase price that you pay upfront, not covered by your loan. The amount you pay as a down payment can influence your mortgage interest rate.

This column today offers some options to consider. Down payment funds may come from your own savings or retirement account, or they can be a gift from a relative. Or, if you have a home equity ...