Homeownership is more expensive than ever: In nearly half the country, the median household income isn't enough for a three-bedroom house. For low-income households, defined as those earning less than ...

Buying a home for the first time is a big undertaking that can be exciting, frustrating and expensive. Saving up for a down payment, getting approved for a mortgage and covering closing costs are just ...

Fannie Mae is extending for another year its $2,500 credit for very low-income borrowers. At the same time, Fannie Mae and its secondary market rival Freddie Mac have aligned their respective ...