When you get a mortgage, you pay your lender interest based on your mortgage rate. Learn what a mortgage rate is, what determines it and how to get a good one.

Not ready to buy your next home, yet tired of renting? You have other options available. Read further to understand the key components of leasing a house.

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.

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.

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

The Federal National Mortgage Association (FNMA), or Fannie Mae, purchases and backs mortgage loans for borrowers. Learn more about how Fannie Mae works.

A joint mortgage is a home loan that multiple borrowers are responsible for paying. Learn more about joint mortgages, including their pros and their cons.

Many factors can determine whether you qualify for a mortgage. Learn what factors affect your mortgage qualification and how you can improve your chances.

Unlike a fixed interest rate, a variable interest rate changes over time based on a predetermined index. Learn how these rates work and why you might want on...

Are you required to pay the capital gains tax on your real estate property? Review our guide to learn what the capital gains tax is, when to pay it and more....

The mortgage constant is the amount paid in debt service each year divided by the amount of a loan, expressed as a percent. Learn more about mortgage constants.

Mortgage protection insurance is an insurance policy that helps the family of the policyholder make mortgage payments after they die. Read on to learn more.<...

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

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

Fair market value (FMV) in real estate is an assessment of a property's worth in an open market. Learn how FMV is calculated and what it's used for.

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...

Lender credits let you roll your closing costs into your loan for a higher interest rate. Learn about lender credits and if they could be helpful to you.

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...