I'm buying a house in 2024. Here's why I'm sticking with a traditional fixed-rate mortgage despite the trendier options promising to save me money.

Tech Insider : Economy, Economy
Couple in front of house for sale sign
Many prospective buyers are putting down less than 20% for a home purchase, according to ZIllow.

Paul Bradbury/Getty Images

Here's how much more Americans are spending on basic monthly bills compared to 5 years ago

Tech Insider : Economy

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

I got a 2.5% mortgage rate last year when everyone else was getting 6%. It's saving us $40,000 and helping pay off my medical bills for cancer treatment.

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Amy Yzaguirre, her husband, and son.
Amy Yzaguirre, her husband, and son.

Courtesy of Amy Yzaguirre

How to Get a Low Interest Rate on a Mortgage

Tech Insider

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.

Home buyers are finally seeing a light at the end of the tunnel, but it is going to be painful for homeowners and sellers

Tech Insider : Economy
A real estate agent with customers during an open house.

RICH LEGG/Getty Images

We got a 2.6% mortgage rate this year to buy our first home. Here's how we did it.

Tech Insider
Grace Lucchese, Mickey Ricard, and their dog in front of home.
Grace Lucchese and Mickey Ricard scored a low mortgage interest rate for the house outside Boston they bought in January.

Courtesy of Grace Lucchese

Americans could save up to $300 a month on their mortgages if interest rates drop as expected in 2024

Tech Insider : Economy, Economy
Young couple
Even a small drop in mortgage rates could save homeowners hundreds.

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The number of new commercial mortgages plummeted 47% last year

Tech Insider
The renovated exterior of Franklin Tower, a 24-story former office building in downtown Philadelphia that now contains luxury residences.
The renovated exterior of Franklin Tower, a 24-story former office building in downtown Philadelphia that now contains luxury residences.

Courtesy of Gensler / PMC Property Group

It's almost impossible for first-time buyers to afford a home, top analyst says

Tech Insider : Economy, Economy
Mark Zandi of Moody's
Mark Zandi is chief economist of Moody's Analytics.

Tom Williams/Getty Images

Most people buying homes get screwed into spending thousands on a tedious fee. That may be about to change.

Tech Insider
House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

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