Recent Articles

A family with a dog, suggesting a family accompanied by a pet in a residential setting.

5-minute read

What is negative equity and how does it work?

Learn about negative equity and how it can affect you. Read on to see what you can do if your assets are underwater.

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Senior couple in kitchen.

10-minute read

What is a home equity agreement?

A home equity agreement is a contract that gives homeowners money in exchange for their home equity and future appreciation. Learn more here.

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Woman using a phone and a MacBook, potentially managing finances or conducting research online.

6-minute read

Loan principal definition and basics

The principal is the amount you borrowed for your loan, while interest is the fee for use of the loan. Learn how each makes up your monthly payment.

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Just married couple first house, possibly depicting a newlywed couple celebrating their first home looking outside the window.

7-minute read

How to get rid of PMI

PMI can raise your mortgage payment, but you may be able to cancel it once you have 20% equity in your home. Learn how to get rid of PMI and save.

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A small white and dark blue colored house with indigo colored flowers outside.

10-minute read

How to buy a mobile or manufactured home

Manufactured homes can be an affordable option for home buyers as traditional home prices rise. Learn about getting a mobile home loan from Rocket Mortgage.

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A brick olive-colored house, depicting a residential property.

5-minute read

Contingent vs. pending: What's the difference?

Home buyers sometimes confuse contingent versus pending. Learn the difference between pending and contingent and what the two statuses mean in real estate.

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Family with young boy smiling in front of new home.

3-minute read

Lock today and save tomorrow with Rate Drop Advantage

Have you been waiting to purchase or refinance thinking rates might drop? With Rate Drop Advantage, you can make the move today and still save in the future!

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Someone painting the outside of a house, symbolizing sweat equity in home improvement.

6-minute read

Sweat equity in real estate: What is it and how to leverage it

Sweat equity is the official unpaid time and effort an individual puts into a project. Discover how it works to leverage it best.

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A couple looking towards a house possibly the one they just bought and thinking of starting a new chapter in it.

6-minute read

Kit homes: What you should know before buying

Kit homes are mail-order homes delivered in parts and built right on your property. Explore the pros and cons of building one and how much it could cost you.

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