homeownership

“I thought, ‘Oh, the down payment and closing costs and those kinds of things are going to be the most expensive part of buying a house, and it ain't,” says Ashley Ayala.

They’re cheaper in the short term, riskier in the long run.

Companies like Jubilee Homes can offer a more affordable path to homeownership, with some big tradeoffs.

As interest rates on other forms of borrowing grow, HELOCs have become increasingly popular among homeowners with high credit scores.

In cities like Las Vegas, LA, and Miami, investors are crowding out prospective homebuyers. But it’s not just corporate landlords.

Are home prices in Vegas up because of investors, or are investors here because home prices are accelerating? Experts say it’s hard to know for sure.

New homeowners are using the “buy now, pay later” credit tool during and after the process of buying a home, according to research from the JPMorganChase Institute.

“At a certain point, we were like, ‘Well, if I were to buy the house, you'd live with me. If you were to buy the house, I would live with you. What if we just buy the house together?’” said Ashley Ayala, a new homeowner in Texas.

With the Federal Reserve lowering interest rates, lenders may be pitching you refinancing opportunities. Here’s what to know if you’re getting inundated with offers.

“How can you know what your financial situation is going to look like in a month?” said one expert.