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

Rolling in closing costs into a mortgage avoids paying money upfront, but it is costly and signals a need to save more before buying a home

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

So what if you could follow these tips to save a few dollars on your electric bill and reduce the budget by 20% or so?

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.