Featured resources
13-minute read
The top 15 fastest-growing cities in the US
Wanting to move to a busy city with a rapidly growing population? Explore the fastest-growing cities in the U.S. and discover why people are flocking there.<...
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4-minute read
Federal reserve press release in plain English - May 2023
Continued stress in the banking sector and some mixed economic signals have characterized the last few weeks. How did the Federal Reserve react?
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5-minute read
What is a federal style house, and should I buy one?
A Federal-style house emulates ancient Roman architectural forms and was popularized by Thomas Jefferson. Learn more about the Federal architectural style.
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3-minute read
Federal Reserve press release in plain English - February 2023
The Federal Reserve raised the target for the federal funds rate by 0.25%. Get the details on this and where members see interest rates headed in the future....
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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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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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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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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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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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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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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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4-minute read
How long does an appraisal take? The home appraisal timeline
Home appraisals can take anywhere from a few days to a week depending on timing, scheduling and a home's complexity. Learn how long an appraisal takes and wh...
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3-minute read
PUD (Planned Unit Development): What it is and how it differs from other types of housing
A PUD, or planned unit development, is a small community of single-family homes. Read on to learn about living in a PUD and how it differs from other housing...
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6-minute read
How to shop for a mortgage: 5 steps
Planning to buy a house? One of the first steps in the process is securing a home loan. Learn how to shop for a mortgage and find the best rate here.
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5-minute read
Guide to Form 1098 mortgage interest statement
Did you know your mortgage interest and insurance payments may be tax deductible? Read on to better understand what’s in your 1098 mortgage interest st...
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4-minute read
Zoom towns are on the rise: Is this lifestyle right for you?
The COVID-19 pandemic led to the rise of zoom towns as remote workers desired new living situations. Find out if buying a house in a zoom town is right for y...
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7-minute read
CARES Act mortgage forbearance: FAQs and updates
The CARES Act provides mortgage forbearance and other relief to those suffering from the effects of the COVID-19 pandemic. Read on for updates on the CARES A...
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4-minute read
Top home features buyers want in 2024
Rocket Mortgage’s 2024 home feature preferences study unveils buyer preferences for interior, exterior, technology and community features of a home.
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