Timothy Lemke

Jun 28, 2024 | money.com | Timothy Lemke |Gabriel Sánchez Vissepó |Colin Grubb

Saving enough money for a down payment on a house is one of the biggest obstacles prospective homeowners must face. The Federal Housing Administration (FHA) requires a down payment of at least 3.5%, and many lenders insist on a 5% minimum. Placing less than 20% down requires private mortgage insurance (PMI), which will increase your monthly payments. According to the Federal Reserve Bank of St. Louis, the average price of a home in the U.S. in the 3rd quarter of 2023 was $431,000.

Jun 12, 2023 | msn.com | Timothy Lemke

*Rates and APYs are subject to change. All information provided here is accurate as of June 8, 2023. No one wants to pay more for their new car than necessary. Identifying the best car loan rates for your budget will keep your monthly payments affordable and may even allow you to purchase that dream car you once thought was too expensive. We’ve exhaustively researched the topic to identify the best auto loan rates for 2023.