Mortgage rates will come down, Corcoran predicted, but the Fed will hold firm on the federal funds rate until inflation reaches its target.

Buying a home, particularly if it’s your first, can be not only stressful, it can be confusing. This is partly because you have to determine the exact amount of house you can afford on your salary.

Buying a home is often considered a sign of being in the middle class. Owning a house affords families the possibility of building wealth, not to mention memories for themselves and future generations ...

If you think you’re ready to buy a house, here’s exactly how to calculate the amount you can afford.