Author | Rocket Mortgage

Federal Reserve Press Release In Plain English – March 2023

4-minute read

Kevin Graham - March 26, 2024

It’s been a wild month in the financial sector. Find out how the Federal Reserve reacted in their latest meeting on interest rates.

Federal Reserve Press Release In Plain English – June 2023

Mortgage Basics - 3-minute read

Kevin Graham - March 26, 2024

While the Federal Reserve probably isn’t done with rate hikes, they chose to waive the target range for the federal funds rate where it is this time around.

Federal Reserve Press Release In Plain English – July 2023

3-minute read

Kevin Graham - March 26, 2024

The Federal Open Market Committee chose to raise the target range for the federal funds rate 0.25% to 5.25% – 5.5%. We break down what it means for you!

Federal Reserve Press Release In Plain English – July 2022

Servicing - 5-minute read

Kevin Graham - March 26, 2024

The Federal Reserve raised interest rates, but there are other important details. Read on for a plain English translation of the latest.

Federal Reserve Press Release In Plain English – February 2023

Home Buying - 3-minute read

Kevin Graham - March 26, 2024

The Federal Reserve raised the target for the federal funds rate by 0.25%. Get the details on this and where members see interest rates headed in the future.

Federal Reserve Press Release In Plain English – December 2023

3-minute read

Kevin Graham - March 26, 2024

Not only did the Federal Reserve leave the federal funds rate unchanged in December, but there are the first signs that rate cuts may be on the way.

Federal Reserve Press Release In Plain English – December 2022

Calculators - 3-minute read

Kevin Graham - March 26, 2024

The Federal Reserve raised the federal funds rate by 0.5% in December to a range of 4.25% – 4.5%. Check out our analysis on what that means for you.

Federal Reserve Press Release In Plain English – March 2024

3-minute read

Kevin Graham - March 24, 2024

The Federal Reserve didn’t say a whole lot new in March, but it did release projections. Here are the details for us obsessive market watchers.

Selling A House With A Mortgage: A Guide

Mortgage Basics - 8-minute read

Kevin Graham - March 20, 2024

Selling your home while you’re still paying off your mortgage can be difficult to navigate. Learn how to prepare to sell your house and pay off your mortgage.

CARES Act Mortgage Forbearance: FAQs And Updates

Servicing - 7-minute read

Kevin Graham - March 20, 2024

The CARES Act provides mortgage forbearance and other relief to those suffering from the effects of the COVID-19 pandemic. Read on for updates on the CARES Act.

Concerned About Recession? Here’s What To Know

Home Buying - 11-minute read

Kevin Graham - March 15, 2024

There’s lots of speculation out there about whether we’re entering a recession. Even if we aren’t, what do mobility managers need to know to relocate employees?

Equal Opportunity Housing: What You Need To Know

Home Buying - 10-minute read

Kevin Graham - March 12, 2024

Equal opportunity housing protects buyers from discrimination in housing. Learn more about what equal opportunities mean for you and how they’re enforced.

Double Closing: A Real Estate Investment Strategy You Need To Know

Home Buying - 7-minute read

Kevin Graham - March 11, 2024

The double close strategy lets a real estate investor have two private deals – one with the seller and one with the end buyer. Learn more about double closings.

Cost Of Living: What It Is And How To Calculate It

Home Buying - 7-minute read

Kevin Graham - March 11, 2024

Calculating cost of living can show you how much money you’ll need to live in a certain area. Learn more about calculating your cost of living in a new place.

VA Housing Grants For Disabled Veterans

Loan Types - 6-minute read

Kevin Graham - March 11, 2024

VA housing grants provide financial help that doesn’t need to be repaid to make homes more accessible for disabled veterans. Learn about VA housing grants.

When Will Mortgage Rates Go Down?

Mortgage Basics - 12-minute read

Kevin Graham - March 10, 2024

Mortgage rates have been moving up for some time, but interest rates are cyclical. Learn about the indicators for when rates might move down again.

What Is Correspondent Lending?

Loan Types - 5-minute read

Kevin Graham - March 08, 2024

Correspondent lending happens when a lender originates and funds a mortgage, but then sells it. Read more about correspondent lending and how it works.

What Is A Co-Borrower? A Beginner’s Guide

Mortgage Basics - 4-minute read

Kevin Graham - March 08, 2024

When you buy a home with a co-borrower, you typically share ownership of the loan and the home. Let’s explore the pros and cons of having a co-borrower.