Featured resources
6-minute read
How a Fed rate drop affects home buyers and sellers
What’s the impact on home buyers and sellers when the federal funds rate drops? Learn how a Fed rate drop impacts interest rates and home loans.
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6-minute read
Mortgage prequalification: What is it and how does it work?
Mortgage prequalification gives you an estimate of the amount you can borrow to buy a house. Learn more about the loan prequalification process here.
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5-minute read
Truth in Lending Act (TILA): Defined and explained
The Truth iokay now let's see if that worked n Lending Act (TILA) protects consumers from unfair lending practices. Find out what TILA requires and how it ca...
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4-minute read
Real property: Definition and examples
Real property is any land or anything attached to it that gives it value. Here’s how this concept works and why it matters to homeowners.
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6-minute read
Getting a mortgage with a new job: What to know
Getting a mortgage with a new job or in between jobs can be challenging, but not impossible. Learn how to approach the mortgage process with confidence.
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10-minute read
Contingent: What it means in real estate
In real estate, “contingent” refers to conditions that must be met for a sale to proceed as planned. Learn how contingencies protect potential ho...
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6-minute read
What does assessed value mean and how is it determined?
The assessed value of a home helps determine its worth for property tax purposes. Discover how a home’s value gets assessed and why this matters.
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6-minute read
What is a conventional loan?
Conventional loans are a traditional mortgage option. Learn what a conventional home loan is, how it works and common lender requirements in our guide.
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6-minute read
What is Fannie Mae's Community Seconds Program?
Need a little extra help covering your down payment or closing costs? A program like Fannie Mae's Community Seconds might be able to help.
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3-minute read
Applying for a home loan while on maternity leave: A guide
Wondering if maternity leave will affect your ability to get a mortgage? Learn what to expect when applying for a home loan while on maternity leave.
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7-minute read
How does mortgage interest work? Everything you need to know
If you’re buying a home, you’ll need to know how mortgage interest will work with the loan you choose. Learn the basics of mortgage interest and why...
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3-minute read
Get questions answered and take action with self-service options available 24/7 with no wait
Self-service options enable you to take action on your loan on your schedule. Learn more about these self-service options, available anytime with no wai...
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6-minute read
Making escrow simpler through Rocket Mortgage®
With a Rocket Mortgage escrow account, we’ll make your property tax and homeowners insurance payments easier to manage. Learn more about our escrow ser...
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9-minute read
Buydown: A way to reduce interest rates
Buydowns are methods used by buyers and sellers to lower interest rates in the early years of a new mortgage. Find out if a buydown is right for you.
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6-minute read
The London Interbank Offered Rate (LIBOR), defined and explained
Until recently, LIBOR was a longstanding benchmark interest rate for adjustable-rate mortgages and other loans. Learn about LIBOR and its replacement.
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4-minute read
How does a mortgage contingency work?
A mortgage contingency is a clause that sets up certain conditions for a real estate transaction. Learn how this can protect both home buyers and home.
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7-minute read
Mortgage recasting: What you should know before you reamortize
A mortgage recast is when you make a lump-sum payment toward your principal balance to reduce your monthly payments. Learn how mortgage recasting works.
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6-minute read
Appraised value vs. market value: Knowing the difference
Knowing the difference between appraised value vs. market value is key when purchasing a home. Learn more about the role each plays in real estate transactio...
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