Author | Rocket Mortgage

What Is A Rate And Term Refinance?

Refinancing - 8-minute read

Victoria Araj - March 13, 2023

Looking to lower your monthly mortgage payment or interest rate? Learn all about the rate and term refinance, and whether this might be a good option for you.

How Lenders View Retirement Income

Home Buying - 7-minute read

Victoria Araj - March 06, 2023

Ready to buy a home you’ve had your eye on? Think it might make a difference if your lender knows you’re retired? Here’s what you need to know.

Selling A House In 10 Steps

Mortgage Basics - 11-minute read

Victoria Araj - March 06, 2023

Ready to list your home on the market but not sure where to start? Our step-by-step guide will teach you how to sell your home and reach a smooth closing day.

How To Relocate To Another State: A Step-By-Step Guide

Home Buying - 7-minute read

Victoria Araj - March 03, 2023

Moving to a new state can be a complicated process, so you’ll want to be prepared. Follow our step-by-step guide to learn how to relocate to another state.

Fixed- Vs. Adjustable-Rate Mortgage (ARM): What’s The Difference?

Loan Types - 7-minute read

Victoria Araj - March 02, 2023

While shopping for home loans, you’ll need to decide between a fixed-rate or adjustable-rate mortgage. Learn how they differ and which is better for you.

Everything You Need To Know About The Statement Of Service For VA Loans

Loan Types - 5-Minute Read

Victoria Araj - March 01, 2023

When applying for a VA loan, you’ll need to submit a statement of service. Learn more about the statement of service for VA loans and why it’s required.

What Are The Costs Of Selling A House?

Home Buying - 7-minute read

Victoria Araj - February 27, 2023

Wondering how much it’ll cost to sell your house? Learn the price tag of speeding up the process in order to get the full value of your home when you sell.

Adjusted Basis: What It Means And How It's Determined

Mortgage Basics - 3-minute read

Victoria Araj - February 27, 2023

Adjusted basis is used to calculate the owner’s capital gain or loss on an asset after it has been adjusted for events that have increased or decreased it’s value.

A Guide To Basis Points

Mortgage Basics - 3-minute read

Victoria Araj - February 27, 2023

Basis points are units of measurement that assess percentages. Learn how this financial tool can determine your mortgage cost, and its potential monthly changes.

The Charms And Headaches Of Buying A Historic Home

Home Buying - 7-minute read

Victoria Araj - February 26, 2023

Buying a historic home, with all its charm, can be tempting, but it can come with complications. Read on to find out if a historic home is right for you.

Pros And Cons Of Buying A House With Cash

Home Buying - 5-minute read

Victoria Araj - February 26, 2023

Buying a house with cash, if you can afford it, comes with both benefits and drawbacks. Find out if paying for your home in cash is the right move for you.

A Guide On Freehold Estates: Different Types And How They Work

Home Buying - 4-minute read

Victoria Araj - February 24, 2023

Wondering what a freehold estate is and how they work? Read our article on the types of freehold estates you might encounter in the real estate industry.

How To Beware Of Mortgage Wire Fraud During Closing

Home Buying - 6-minute read

Victoria Araj - February 24, 2023

Wiring money for closing costs can leave you vulnerable to fraud and scams. Learn how you can protect yourself from real estate fraudsters.

What Is A Mortgagee Clause?

Mortgage Basics - 5-minute read

Victoria Araj - February 24, 2023

Provisions in real estate transactions can be tricky to understand. For instance, what is a mortgagee clause, and how can it impact lenders and borrowers?

Shadow Inventory: What It Is And Where You Can Find It

Home Buying - 3-minute read

Victoria Araj - February 23, 2023

Shadow inventory refers to foreclosed homes that are kept off the market by banks or homeowners. Learn why shadow inventory exists and its impact on the market.

What You Should Know Before Purchasing A House With Deed Restrictions

Home Buying - 7-minute read

Victoria Araj - February 22, 2023

Deed restrictions can limit what property owners do on their land. Learn about deed-restricted communities and real estate, what they are and how they work.

The Emotion Behind Buying A House

Home Buying - 9-minute read

Victoria Araj - February 22, 2023

Ready to buy a house – and feeling about a dozen emotions all at once? Here’s what you need to know about feeling emotion during the home-buying process.

The Pros And Cons Of Buying A Lake House

Home Buying - 8-minute read

Victoria Araj - February 21, 2023

Owning a lake house may fulfill your wildest homeowner dreams, but it can come with risks. Learn whether or not you should buy a lake house with our help.