The couple still owes $250,000 on their $400,000 home, resulting in mortgage payments of $2,000 per month, and has more than ...

Owning a home in the U.S. is proving costly, with homeowners owing $12.6 trillion in mortgages by the end of 2024, according to data from the Federal Reserve Bank of New York.Americans ages 40 to 49 ...

Mortgage debt has ballooned by 80% over the past 20 years, resulting in an unprecedented level of household debt among Americans. That’s according to a new study from debt collection agency The Kaplan ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

The current average mortgage rate on a 30-year fixed mortgage is 6.15%, according to the Mortgage Research Center. The ...