Dan Rafter
Dan Rafter has been writing about personal finance for more than 15 years. He's written for publications ranging from the Chicago Tribune and Washington Post to Wise Bread, RocketMortgage.com and RocketHQ.com.
7-minute read
A guide to home equity loan closing costs
Home equity loan closing costs typically range from 3% – 6% of your loan amount. Explore the closing costs you can expect now.
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7-minute read
What is annual percentage rate (APR) and how does it work in real estate?
Annual percentage rate (APR) is the rate your loan will accrue interest at over the repayment term. See how APR works on a mortgage and why it’s important.
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6-minute read
A quick intro to the floating interest rate
A floating interest rate fluctuates over your loan’s term, changing your mortgage payment amount. Read on to learn about floating rates and how they work.
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7-minute read
Key pros and cons of Home equity Lines Of Credit (HELOCs) to consider
Considering taking out a home equity line of credit (HELOC)? Learn more about the pros and cons of a HELOC along with other alternative financing options.
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4-minute read
Secured Overnight Financing Rate (SOFR), defined and explained
The Secured Overnight Financing Rate (SOFR) guides lenders on how much to charge borrowers. Learn how SOFR’s replacement of LIBOR affects mortgages.
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7-minute read
Rent-to-own homes: How it works and what to consider
Rent-to-own homes let you put part of your monthly rent toward a down payment on the property. Explore what a rent-to-own home is and how it works.
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