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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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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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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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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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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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3-minute read
What Is An FHA amendatory clause?
Are you financing your new home with an FHA loan? The FHA amendatory clause is one step to the process. Learn how the clause impacts you as a home buyer.
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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.
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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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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
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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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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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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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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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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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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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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