Featured resources

A picturesque home with a spacious front yard, showcasing its beauty and inviting ambiance.

4-minute read

What is the alienation clause in real estate and how does it work?

The alienation clause, or due-on-sale clause, requires all mortgage payments be made at the time of sale. Learn how it impacts borrowers and real estate.

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5-minute read

What is an appraisal contingency and when should I use it?

An appraisal contingency can give home buyers peace of mind about a home's purchase price. Learn how appraisal contingencies work and when to use one.

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Father spending quality time with his daughter, possibly engaged in a learning or creative session.

3-minute read

Freddie Mac BorrowSmart® Accessâ„  expands home afffordability

Freddie Mac BorrowSmart® Accessâ„  offers a credit toward the down payment or closing costs of qualified buyers in certain areas. Read on...

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Large countryside house, depicting a spacious home in a rural setting.

4-minute read

Mortgage par rates: What they are, how they work

A par rate is a rate charged to a borrower based on DTI and other factors. It doesn’t include discount points or other adjustments. Read on to learn mo...

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Blue and Gray Two Story Home

7-minute read

Your guide to a $450,000 mortgage: Costs and requirements to consider

Ready for a $450,000 mortgage to buy a home? Read our guide to understand the costs and requirements that come with taking out a $450,000 loan.

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Image of a newly constructed home with white bricks and a black roof, showcasing modern residential architecture.

4-minute read

What is mortgage curtailment?

Interested in shortening the life of your mortgage loan? Consider how a mortgage curtailment could benefit you in reducing your debt.

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An asian couple discussing their future plans or real estate investment with an agent.

7-minute read

What to do if you're applying for a mortgage and a business loan

Follow these quick tips if you have no choice but to go “all in” on both a mortgage loan and a business loan at once.

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A young woman sitting at a desk, possibly managing bills or finances using a digital tablet.

7-minute read

What is a good debt-to-income ratio?

What is a good debt-to-income ratio and why does it matter when getting a mortgage loan? Explore the details to help get the best loan terms possible.

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Mortgage calculator, pencils and phone on wooden table.

6-minute read

How to use a mortgage calculator

Learn how to use our mortgage calculator to determine your monthly mortgage payments, including PMI, taxes, insurance, down payment, interest rate and more.<...

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A young Asian woman working on a computer, potentially in an office or work setting.

6-minute read

Types of eClosing and how they work

Looking for digital options to close on your new house? Learn about the different types of eClosings available to you and Rocket Mortgage®

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A young Asian couple smiles as they unpack cardboard boxes in a warmly lit living room, creating a cozy scene of settling into their new home.

5-minute read

Interest rate vs. home price: Which matters more?

If you’re a prospective home buyer, looking at interest rates vs. home price can help you decide your budget. Get familiar with what these metrics can ...

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A brick home in Texas, depicting a traditional residential property in a specific location.

11-minute read

How rising fed interest rates can affect home buyers and sellers

The Fed rate hikes have raised mortgage interest rates in 2022. See how higher Fed interest rates affect home buyers and sellers and what borrowers can do ne...

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Perfect neighborhood, showcasing an ideal or picturesque neighborhood setting.

5-minute read

Freddie Mac: What is the Federal Home Loan Mortgage Corporation (FHLMC)?

Freddie Mac is a government-sponsored agency charged with keeping mortgage markets liquid. Learn more about FHLMC – and how it impacts home buyers and ...

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5-minute read

Get a leg up on the competition with Verified Approval

A Verified Approval allows you to confidently make an offer knowing that your financing is rock solid. Read on for details!

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A fashionable women sitting on a stool looking outside, possible posing for a photo.

4-minute read

Fee simple: What is it in real estate and how does it work?

Fee simple refers to a landowner’s absolute ownership of real property. Read our article to learn about how fee simple determines real estate or land o...

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An image capturing a father and his child huddled closely together, both focused intently on a piece of paper laid out before them. The father, pencil in hand, is writing on the paper, while the child watches with interest.

4-minute read

What is the power of sale in a mortgage note, and how does it affect foreclosure proceedings?

The power of sale allows a lender to sell a home – without judicial review – if a borrower defaults on a mortgage. Learn more about how the power...

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Small vivid red brick house with white door/window trim and lush green lawn.

7-minute read

CARES Act mortgage forbearance: FAQs and updates

The CARES Act provides mortgage forbearance and other relief to those suffering from the effects of the COVID-19 pandemic. Read on for updates on the CARES A...

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Older couple in blue shirts in the kitchen, possibly depicting domestic life or family moments.

5-minute read

Guide to Form 1098 mortgage interest statement

Did you know your mortgage interest and insurance payments may be tax deductible? Read on to better understand what’s in your 1098 mortgage interest st...

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