Getting a mortgage can feel daunting if you’re a first-time home buyer. Learn the steps you must take to prepare for and successfully apply for a mortgage...

How long a mortgage preapproval lasts will depend on the lender, but it’s usually 60 – 90 days. Uncover more about how long mortgage preapprovals la...

There are many unfamiliar terms to learn when you’re buying a home and need to apply for a mortgage. Here’s a list of common mortgage terms and what...

An acceleration clause in a mortgage means that your mortgage balance becomes due if you default on payments. Learn how a mortgage acceleration clause works.

Your Closing Disclosure is an important mortgage document, but it can be difficult to interpret. We broke down the essential components in this complete guid...

Discover what determines interest rates with our in-depth analysis. Explore how economic trends, credit scores, and more impact mortgage rate decisions.

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.

See how current mortgage rates compare to historical mortgage rates. Rates are among the highest of the decade but relatively low compared to the 1980s.

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.

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...

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...

The Constant Maturity Treasury rate plays a key role in determining adjustable-rate mortgage interest rates. Learn how the CMT rate impacts mortgage payments...

Interest rate and annual percentage rate are terms you’ll often see when comparing mortgages and other loans. Learn the difference between APR and inte...

The mortgage application process has five important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.

The Nationwide Mortgage Licensing System, or NMLS, is a database of licensed mortgage loan originators. Learn more about the NMLS and how to get a license.

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.

Adjustable-rate mortgages start with lower interest rates that later adjust, affecting your monthly payment. Learn more about the pros and cons of an ARM.

Buyers and sellers must take the threat of real estate scams seriously. Here are 7 of the most common fraudulent real estate schemes to watch out for.