Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

Smart home renovation projects that pay off

Home renovations can be a big boost to your home's value, but not every "improvement" will lead to something positive.

Home buying ideas for hard core renters

If you are one of the many renters who looked into buying your own home, then gave up, this next segment may be aimed right at you.

Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Homeownership is the new hot wedding gift

Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.

How to buy your perfectly imperfect house

FOX 5 real estate expert John Adams thinks first-time buyers need to start settling for that "perfectly imperfect" home now before the market gets worse.