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Lenders prefer you follow the 28/36 rule: Spend 28% or less of your gross monthly income on housing expenses, and 36% or less on total monthly debt.

Here's a step-by-step guide to buying a house, from teaming up with a real estate agent and finding out what you can afford to closing on the deal.

Historically, growth stocks perform best when interest rates are low, while value stocks tend to outperform during economic downturns.

Balloon mortgage monthly payments are smaller than what you'll pay with a regular mortgage, but you'll make a large lump sum payment later.

If you can save money or achieve financial goals with a refinance, it might be a smart move. But refinancing doesn't always make sense.