The Federal Reserve raised interest rates, but there are other important details. Read on for a plain English translation of the latest.

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.

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...

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.

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.

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 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...

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...

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...

Rocket Mortgage’s 2024 home feature preferences study unveils buyer preferences for interior, exterior, technology and community features of a home.

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...

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 title company is a third party that works on behalf of both the lender and the buyer. Learn more about what title companies do in the home buying process.

Building a home can be a viable option for buyers in a competitive market, but expenses can add up quickly. Discover the cheapest ways to build a house.

For a reverse mortgage, seniors must meet certain requirements, which vary according to the option chosen. Learn more about reverse mortgage requirements.

Tenancy by entirety allows married couples to each own 100% of the property – as one entity. Learn more about the benefits and drawbacks of this type o...

A distressed property is a house that’s on the verge of foreclosure or has been reclaimed by a lender. Learn more about investing in distressed homes h...