Understanding the mortgage process from preapproval to closing
Before you start looking for a home, it’s important to get preapproved for a mortgage first. This process can help buyers gain an edge in the housing market and show that you're a serious contender.
How can sidelined homebuyers take advantage of lower mortgage rates?
As the U.S. Federal Reserve contemplates whether to cut interest rates this week, mortgage rates may also follow suit, depending on how the industry reacts.
Design studio 101: What to expect and how to save money when customizing your new build
For many buyers, a major draw of purchasing a new home over an existing one is the ability to customize its design and functionality. Often, that customized design process occurs in a design studio.
How to save for a down payment
The internet is full of good and bad advice on how to save for a down payment. Fortunately, there are several tried and true ways to achieve your goal after you’ve determined how much you need.
What is a condominium?
In a condominium setup, an individual owns a specific unit within a larger property.
The ins and outs of VA loans
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs and given to active-duty military members and others who have served. It can be used to buy, build, renovate or refinance a home.
What is escrow?
"Escrow" is one of the many confusing terms hurled at consumers during the homebuying process, and it takes on a different meaning depending on which stage you are in.
The pros and cons of owning a floating home
The allure of a floating home can be summarized in a single image.
What does contingent mean?
Sometimes a home for sale will be listed as "active" one day and "contingent" the next.
The other costs that come with buying a condo
Like single-family homeowners, condo residents pay for their property by taking out a home loan and making a monthly mortgage payment. But condo ownership can come with other costs:
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