Featured resources

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

3-minute read

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.

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How to Save for a Down Payment in Activity Video

5-minute read

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?

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Mortgage Insurance in Activity Video

6-minute read

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.

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Low-Interest Rate in Activity Video

10-minute read

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.

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

4-minute read

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.

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

4-minute read

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!

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

3-minute read

Rocket Moneyâ„  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!

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

5-minute read

[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.

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

3-minute read

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.

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A couple having a conversation over breakfast, potentially discussing financial matters or plans.

5-minute read

What is the secondary mortgage market and how does it work?

The secondary mortgage market is an area where financial institutions and investors buy and sell mortgages. Learn how it may affect your home loan.

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

1-minute read

Rocket Companies affiliate disclosure

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

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Closing Costs in Activity Video

6-minute read

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.

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

4-minute read

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.

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A women with glasses working on something on her laptop.

4-minute read

Primary mortgage market 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.

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

5-minute read

Primary residence: What is it and why is it important?

A primary residence is a type of property classification. Learn the rules for primary residences and how they impact your mortgage rate and tax deductions.

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A woman real estate agent showing a house or apartment to a client.

6-minute read

Real estate comps: What they are and how to find them in your area

Real estate comparables, or “comps,” are similar homes in the same neighborhood or somewhere nearby. Learn who uses real estate comps and how to find them.

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A women possibly calculating her taxes or finances.

7-minute read

The difference between forbearance and foreclosure

The words may sound the same, but there’s a difference between forbearance and foreclosure. Here’s what you need to know.

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A small group of young adults with books, potentially indicating studying or learning activities among peers.

5-minute read

Generation Z sets bg financial goals for 2023 despite hurdles

New data shows Gen Z financial resolutions for 2023 center around financial health and homeownership.

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