Has this old rule of thumb become outdated?

Buying a house is a big life milestone for many people, but sometimes it can cause financial trouble. For example, one caller ...

Add Yahoo as a preferred source to see more of our stories on Google. Why Pausing Saving For Your Future Might Get You A House Now, According To Dave Ramsey At the core of his argument is that this ...

Financial guru Dave Ramsey recommends keeping housing costs to 25% of your take-home pay. In today's market, that's not necessarily realistic for everyone. It's better to assess your total income ...

As mortgage rates reached another low Feb. 19, homebuying affordability improved yet again. And this is good news not only for people looking to buy a home, but also for those who already own a home. ...

If you are buying a home, you're likely going to need to take out a mortgage. There's not just one type of home loan, though. There are many options, some of which are better than others. Personal ...

A $300K 15-year mortgage at 5.5% saves $39K in interest versus a 30-year at 6.5%. Monthly payments on 15-year mortgages run nearly double those of 30-year loans. Voluntary extra payments on a 30-year ...

Add Yahoo as a preferred source to see more of our stories on Google. She and her husband share a joint checking account for the mortgage but maintain separate accounts for everything else. She ...

The caller, who introduced himself as Jeeoff, said he had about $22,000 in savings and $12,500 in outstanding loans while working through Baby Step 2 of Ramsey's seven-step plan. Both his father and ...

At the core of his argument is that this will help homeowners be free from debt sooner, offering more financial freedom. However, critics are taking issue with this piece of advice these days, arguing ...