Recent Articles

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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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
Mortgage fraud: What you need to know to avoid it
Mortgage fraud occurs when someone lies or omits information to get loan approval or favorable loan conditions. Learn about common types of mortgage fraud here.
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7-minute read
Letter of explanation: Why it’s important and how to write one
A letter of explanation can be important in the mortgage underwriting and application process. Learn when and how you’ll need to write an explanation l...
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6-minute read
What are title fees and how much are they?
Most home buyers and sellers should anticipate title fees as a part of closing costs. We’ll help you estimate the title-related expenses you’ll have...
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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 yo...
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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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5-minute read
What is a 20-year mortgage, and should you consider one?
A 20-year fixed mortgage is a loan with payments over a 20-year term. Learn how these mortgages compare to other loans and see Rocket Mortgage’s current r...
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6-minute read
What is vacant home insurance and why do you need it?
If you plan to leave your home unoccupied, a vacant home insurance policy can protect your property. Learn more about these policies and what they cover.
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