A dry closing occurs when everything but payment is completed at closing. Find out what a dry closing is and which states allow dry closings.

A bundle of rights describes the legal rights associated with property ownership: the right of possession, control, enjoyment, disposition and exclusion.

In certain cases, you can use second mortgage interest deductions to reduce the amount you owe when you file taxes. Read our guide to learn if you qualify.

A mortgagee clause protects a lender if a mortgaged property is damaged. Learn the components of a mortgagee clause and how their protections work.

When it comes to buying a home, interest rates are everything. But how are they determined, and how can you find the best one for you? In this episode of The Re...

You might be required to pay mortgage insurance, and this episode of The Red Desk explains how it’s calculated, how much you might pay, and how long you&r...

A mortgage payoff statement can be a useful piece of documentation for some borrowers to request. Learn about what a payoff statement is and how it works.

Using bank bill pay for your mortgage can create problems. Learn about the risks involved and why you may want to start using an alternative payment option.<...

We’re excited to welcome Rocket Money to the Rocket family. Read on to learn about this excellent personal finance app and a special offer for our clie...

Not sure what the primary mortgage market is? Check out our guide to learn all about the primary mortgage market and how to navigate it successfully.

The words may sound the same, but there’s a difference between forbearance and foreclosure. Here’s what you need to know.

In this episode, we're going in-depth on everything you need to know about this critical, yet confusing, part of the home buying process -- what escrow is and h...

Preapproval and prequalification often get confused, but only one really matters when it comes to getting the house you want. In this episode of The Red Desk, w...

In this episode, we're going in-depth on everything you need to know about this critical, yet confusing, part of the home buying process -- what escrow...