Recent Articles

5-minute read
What is a down payment and how does it work?
A down payment is the percentage of a home's purchase price you pay up front. Learn how down payments work and how much you should put down on a house.
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5-minute read
Home Equity Conversion Mortgage (HECM) explained: Definition and requirements
A Home Equity Conversion Mortgage is a government-insured loan that allows seniors to convert their home equity into cash. See if a HECM is right for you.
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6-minute read
What to expect from non-arm’s length transactions
Non-arm’s length transactions involve buying property from someone you know. These transactions have unique tax and legal implications you need to be aware of.
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9-minute read
The lowest credit score to buy a house: How bad credit affects loan options
Considering buying a home with bad credit? Discover the lowest credit score to buy a house, learn about home loans for bad credit, and find credit score tips.
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5-minute read
Prequalified vs. preapproved: what’s the difference?
A prequalification estimates how much you can afford, while a preapproval gives a better estimate and verifies your financial info for a loan. Learn more.
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8-minute read
How are mortgage rates determined?
Discover what determines interest rates with our in-depth analysis. Explore how economic trends, credit scores, and more impact mortgage rate decisions.
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8-minute read
What is an adjustable-rate mortgage (ARM)?
Adjustable-rate mortgages offer low introductory interest rates that change over the life of a loan – with limits. Find out whether an ARM is right for you.
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6-minute read
The ATR/QM rule: What it is and what borrowers should know
The Consumer Financial Protection Bureau developed the ATR/QM Rule as a protective measure for mortgage borrowers. Learn about this rule and how it works.
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4-minute read
How the constant maturity Treasury rate affects your mortgage
The Constant Maturity Treasury rate plays a key role in determining adjustable-rate mortgage interest rates. Learn how the CMT rate impacts mortgage payments.
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