Featured Resources

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Couple sitting together on a couch, illustrating a couple spending time together in a relaxed setting.

News - 6-Minute Read

Victoria Araj - Feb 20, 2023

96% Of Americans Make Homeownership Harder Than Necessary – Do You?

Recent survey results show that getting a mortgage is likely easier than most Americans think, at least in some way. Here’s what you need to qualify.

Getting a home appraised, possibly illustrating the process of evaluating a property's value.

Home Buying - 3-Minute Read

Katie Ziraldo - Feb 19, 2023

How Long Is An Appraisal Good For?

An appraisal is only valid for a short time, depending on the type of loan you choose. Learn how long an appraisal is good for and how the market affects it. 

Low-Interest Rate in Activity Video

Mortgage Basics - 10-Minute Read

Feb 19, 2023

How To Get A Low Interest Rate

When it comes to buying a home, interest rates are everything. But how are they determined, and how can you find the best one for you? In this episode of The Red Desk, our host is going to pick apart interest rate calculations and share tips for how to lower yours.

How to Save for a Down Payment in Activity Video

Home Buying - 5-Minute Read

Feb 19, 2023

How To Save For A Down Payment

The first step toward homeownership is saving for your down payment. Did you know your down payment is the first bit of equity you gain, and the larger the payment you make, the better your chance is for a lower interest rate?

We've got more deep-dive facts on down payments, and you can crunch some example numbers with our Rocket Mortgage Calculator to help determine how much home you can really afford.

A woman signing paperwork, likely related to legal or financial documentation.

Mortgage Basics - 6-Minute Read

Melissa Brock - Feb 19, 2023

Making Escrow Simpler Through Rocket Mortgage<sup>®</sup>

With a Rocket Mortgage escrow account, we’ll make your property tax and homeowners insurance payments easier to manage. Learn more about our escrow services.

Mortgage Insurance in Activity Video

Mortgage Basics - 6-Minute Read

Feb 19, 2023

How Mortgage Insurance Works

You might be required to pay mortgage insurance, and this episode of The Red Desk explains how it’s calculated, how much you might pay, and how long you’re required to have it.

A middle aged man working from home on the laptop and talking on the phone.

Mortgage Basics - 4-Minute Read

Ashley Kilroy - Feb 18, 2023

Mortgage Payoff Statement: Everything You Need To Know

A mortgage payoff statement can be a useful piece of documentation for some borrowers to request. Learn about what a payoff statement is and how it works.

Neatly aligned townhouses or rows of residential buildings in a neighborhood setting.

Home Buying - 5-Minute Read

Stacey Tisdale - Feb 17, 2023

[Women’s History Month] How Black Women Have Been Undeterred In Their Determination To Become Homeowners - A Reminder of the Resilience Within Us All

Let’s remember the ways in which Black women have transcended systemic barriers in the past and found ways to build wealth through homeownership and use every resource available to us to keep breaking new ground.

An African American mother working on finances with her daughter, likely depicting financial education or planning.

Mortgage Basics - 3-Minute Read

Kevin Graham - Feb 17, 2023

Rocket Money℠ Simplifies Managing Your Finances

We’re excited to welcome Rocket Money to the Rocket family. Read on to learn about this excellent personal finance app and a special offer for our clients!

An inviting communal living space in a public house with cozy furnishings and vibrant decor.

Home Buying - 4-Minute Read

Kevin Graham - Feb 17, 2023

Rocket Mortgage® And Detroit Housing Network Help Detroiters Achieve Homeownership Readiness

Rocket Mortgage and the Detroit Housing Network have a shared commitment to housing stability and vibrant, resilient Detroit neighborhoods. We are proud to partner to support your homeownership journey!
A couple having a conversation over breakfast, potentially discussing financial matters or plans.

Real Estate - 4-Minute Read

Patrick Chism - Feb 17, 2023

What Is The Secondary Mortgage Market And How Does It Work?

 Are you considering getting a loan for a house? Learn more about how the secondary mortgage market works and how the loan market will affect your mortgage.

Man working on online banking, indicating financial management or technology use.

Mortgage Basics - 3-Minute Read

Rachel Burris - Feb 17, 2023

Why You Shouldn’t Pay Your Mortgage With Bank Bill Pay

Using bank bill pay for your mortgage can create problems. Learn about the risks involved and why you may want to start using an alternative payment option.

A man signing a home document with a broker, depicting a real estate transaction.

Home Buying - 1-Minute Read

Feb 16, 2023

Rocket Companies Affiliate Disclosure

Rocket Companies has financial partnerships with other merchants to provide customers with the best possible service options.

Closing Costs in Activity Video

Home Buying - 6-Minute Read

Feb 16, 2023

Closing Costs

One thing that catches a lot of first-time home buyers off guard? Closing costs. In this episode, we’re going to explain what closing costs are and what exactly you’re paying for at signing.

An older couple spending time together, potentially in a home setting.

Loan Types - 4-Minute Read

Lauren Nowacki - Feb 15, 2023

Single-Purpose Reverse Mortgages: What You Need To Know

Wondering whether a single-purpose reverse mortgage may be right for you? Learn what it is and what the pros and cons of a single-purpose reverse mortgage are.

A women with glasses working on something on her laptop.

Mortgage Basics - 4-Minute Read

Sarah Sharkey - Feb 14, 2023

Primary Mortgage Market: Defined And Explained

Not sure what the primary mortgage market is? Check out our guide to learn all about the primary mortgage market and how to navigate it successfully.

A person looking at his phone surrounded by boxes indicating he just moved into a new house or apartment.

Loan Types - 3-Minute Read

Sarah Sharkey - Feb 13, 2023

VA Non-Allowable Fees: What Buyers Don’t Have To Pay

Non-allowable fees for a VA loan are costs that a buyer isn't responsible for paying. Learn what fees in a VA loan are non-allowable and why that is.

A house adorned with flowers, portraying a picturesque residential setting or curb appeal.

Home Buying - 4-Minute Read

Victoria Araj - Jan 12, 2023

Primary Residence: What Is It And Why Is It Important?

Understanding primary residence is about more than just knowing where your home is. It can also impact your mortgage rates and tax deductions. Learn more here.

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