Mortgage guide

Learn how mortgages work and what it will mean for your finances to have one

Mother kissing baby on cheek at home on couch.

Featured resources

Older couple signing a home contract, potentially finalizing a property transaction.

5-minute read

A guide to real estate closing documents for buyers

Not sure which documents to expect at closing? Learn more about the documents you will need to sign, approve and review to close on a real estate deal.

Loan officer reviewing mortgage paperwork with smiling couple.

5-minute read

Is a mortgage secured or unsecured debt?

A mortgage is a type of secured debt, meaning it’s backed by your home as collateral. Learn how secured loans differ from unsecured ones.

Family moving into a home, unloading boxes and settling into their new living space.

8-minute read

How to get a mortgage in 7 steps

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.

Man on phone getting mortgage pre-approval.

2-minute read

How long does mortgage preapproval last?

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 last.

A woman looking possibly looking at her good investments in real estate on laptop.

8-minute read

How are mortgage rates determined?

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

Couple sitting on couch and smiling at one another.

6-minute read

Historical mortgage rates: 1971 to 2025

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.