Featured resources

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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...

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Documents spread across a table alongside a coffee mug, portraying an organized or busy setting related to home paperwork or financial documentation.

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.

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The Federal Reserve building, representing a financial institution.

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.

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

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.

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

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.

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The Federal Reserve building, representing a financial institution.

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!

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

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...

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Federal Reserve Update Image

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.

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The Federal Reserve Bank building.

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...

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The Federal Reserve Bank building.

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.

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A young woman working on a laptop, possibly in a home or office setting.

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.

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Suburban ranch house

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.

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A couple having a discussion, potentially about new home prospects.

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.

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A couple looking at a laptop together, possibly discussing or working on something collaboratively.

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...

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An image capturing a father and his child huddled closely together, both focused intently on a piece of paper laid out before them. The father, pencil in hand, is writing on the paper, while the child watches with interest.

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...

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A real estate agent holding an iPad standing in front of a house possibly advertising it for sale.

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...

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Federal Reserve Update Image

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.

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A family packing a car to move, indicating a relocation or moving process.

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...

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