Whether you choose to rent or buy your home, it is a major life decision that affects not only your lifestyle but also your financial health

Fannie Mae and Freddie Mac are government sponsored enterprises (GSEs). They buy mortgages from lenders to free up capital for borrowers.

Low interest rates, lack of labor and supply are the right ingredients for an unprecedented housing market; perhaps a housing bubble.

Many mortgage companies have a biweekly payment plan to make 13 payments each year. This can you save thousands of dollars interest.

Loan-to-value (LTV) is what lenders measure when a borrower buys or refinances a home. The higher the risk, the higher the interest rate.

A tiny house is defined as a dwelling unit with a maximum 400 square feet of floor area, excluding lofts.

PMI occurs when you do not have at least 20% of equity or 80% loan-to-value when you purchase the home.