Understanding escrow shortages and what causes a negative escrow balance is important for homeowners to know. Read on to learn how to navigate these situations.

Are you unsure whether you should lock in your mortgage rate today, or wait? Learn about the mortgage rate lock and why you might consider locking your rate.

The mortgage loan process consists of eight important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.

Your monthly mortgage payment has two parts: principal and interest. Learn the difference between the two, plus what else is included in your mortgage payment.

Deciding whether to pay off a mortgage or invest can be tricky. Get familiar with all of the potential financial risks and rewards before making this decision.

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

Getting a mortgage commitment letter is an important first step in the home buying process. Read on to find out how you can get a loan commitment letter.

Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits.

Mortgage default can occur if you stop making payments, and it can lead to foreclosure. See how to avoid delinquency and what to do with a mortgage in default.

Mortgage fraud occurs when someone lies or omits information to get loan approval or favorable loan conditions. Learn about different types of mortgage fraud.

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

The federal funds rate helps regulate the U.S. economy, but it can also affect your mortgage rates. Learn how it can affect you as a home buyer and homeowner.

What happens if your home appraisal came in lower than your offer? Learn what your options are if your home appraisal value is less than the purchase price.

How much does 1% save on a 30-year mortgage? It may seem like nothing, but it adds up. Learn how your interest rate impacts the total cost of your mortgage. 

Are you preparing to buy a house but are unsure how much income should go to your loan payment? Learn what percentage of income is needed for mortgage approval.

It’s a misconception that a house’s title and deed are the same, but they aren’t. Learn the differences to be prepared for your home sale or purchase.

A mortgage processor guides borrowers through the loan application process by collecting documents and information. Learn how they help secure mortgage loans.

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 impact.