Homeownership is more expensive than ever: In nearly half the country, the median household income isn't enough for a three-bedroom house. For low-income households, defined as those earning less than ...
A high debt-to-income ratio is a common reason lenders deny applications. The good news is that you can lower your DTI.
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.