Featured resources
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...
Read more
4-minute read
What is fair market value (FMV) in real estate and how is it calculated?
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.
Read more
3-minute read
Federal Reserve press release in plain english - December 2022
The Federal Reserve raised the federal funds rate by 0.5% in December to a range of 4.25% – 4.5%. Check out our analysis on what that means for you.
Read more
4-minute read
Federal Reserve press release in plain English - November 2022
The Federal Reserve raised the federal funds rate again, but how much and what does it mean for the future? All that ahead.
Read more
5-minute read
Federal Reserve press release in plain English - July 2022
The Federal Reserve raised interest rates, but there are other important details. Read on for a plain English translation of the latest.
Read more
4-minute read
Federal Reserve press release in plain English - June 2022
The Federal Reserve made a big bump in the federal funds rate to try to bring inflation under control. Read on for more details!
Read more
3-minute read
Federal Reserve press release in plain english - July 2023
The Federal Open Market Committee chose to raise the target range for the federal funds rate 0.25% to 5.25% – 5.5%. We break down what it means for you...
Read more
3-minute read
Federal Reserve press release in plain English - December 2023
Not only did the Federal Reserve leave the federal funds rate unchanged in December, but there are the first signs that rate cuts may be on the way.
Read more
3-minute read
Federal Reserve press release in plain English - June 2023
While the Federal Reserve probably isn’t done with rate hikes, they chose to waive the target range for the federal funds rate where it is this time ar...
Read more
4-minute read
Federal Reserve press release in plain English - September 2023
The Federal Reserve chose to leave the target for the federal funds rate alone at its September meeting. There was a projection of what’s coming next.
Read more
6-minute read
What is total debt service and the debt service coverage ratio (DSCR)?
Lenders use total debt service to measure your ability to repay a mortgage. Learn what a debt service coverage ratio (DSCR) is and how to calculate it yourself.
Read more
9-minute read
Home equity loan vs. personal loan: What's the best option?
A personal loan is an unsecured loan, while a home equity loan is backed by your home equity. See the main differences between these two loan types.
Read more
4-minute read
What is an escalation clause and when is the time to use one?
An escalation clause states a buyer is willing to raise their offer if a seller receives a higher offer. Read our guide on escalation clauses.
Read more
5-minute read
The implications of 'active under contract' in real estate
Active under contract means an offer has been accepted but certain conditions must be met. Learn how a status of “active under contract” works in...
Read more
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...
Read more
7-minute read
What does a buyer's agent do?
A buyer’s agent represents you and your best interests in the home buying process. Learn more about the role of a buyer’s agent and if you should...
Read more
3-minute read
Federal Reserve press release in plain English - March 2024
The Federal Reserve didn’t say a whole lot new in March, but it did release projections. Here are the details for us obsessive market watchers.
Read more
8-minute read
How to move across the country: A guide
When moving across the country, there are many steps you can take to help the process go smoothly. Explore our guide for tips on how to move across the count...
Read more