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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 - March 2023

It’s been a wild month in the financial sector. Find out how the Federal Reserve reacted in their latest meeting on interest 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.

A Federal-style brick building, potentially representing historic architecture.

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.

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....

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!

A fashionable women sitting on a stool looking outside, possible posing for a photo.

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...

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.

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...

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.

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.

A Planned Unit Development (PUD) condo, depicting a specific type of residential property.

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...

A real estate agent showing women a property possibly for the purpose of sale or rent.

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...

A couple pointing at a laptop, suggesting discussions or decisions related to real estate or finances.

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.

Front porch of a home with white wicker chairs and a blue front door.

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.

Small vivid red brick house with white door/window trim and lush green lawn.

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...

A woman about to sign some documents with a pen.

5-minute read

Real estate purchase and sale agreement: Everything you need to know

A purchase and sale agreement (PSA) helps ensure a buyer and a seller are on the same page before closing. See what information a PSA might contain.

A tan two-story home, showing a two-story house with a tan exterior.

8-minute read

Selling a house with a mortgage: A guide

Selling your home while you’re still paying off your mortgage can be difficult to navigate. Learn how to prepare to sell your house and pay off your mo...

A neighborhood view with rows of suburban houses, tree-lined streets, and parked cars.

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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