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Latest Homes News

What high-profile commission changes mean for homebuyers and sellers

The National Association of Realtors (NAR) agreed to new rules around real estate commissions as part of a lawsuit settlement…

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How does mortgage interest work?

Key takeaways Mortgage interest is the price you pay for borrowing money from a lender, charged as a percentage of…

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Lender-paid mortgage insurance (LPMI): What is it and how does it work?

Key takeaways Lender-paid mortgage insurance (LPMI) is an option for borrowers who cannot afford a 20 percent down payment on…

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Cost of living facts and statistics 2024

10'000 Hours/Getty Images Inflation and the cost of living are not one and the same. Although inflation does have a…

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‘We buy houses’ companies in Michigan

Going through the traditional process of selling a home — hiring a real estate agent, listing your property and waiting…

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What credit score is needed to refinance your mortgage?

Key takeaways You’ll need a credit score of at least 620 for a conventional refinance. Credit score minimums for other…

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What is a home equity loan?

Key takeaways A home equity loan allows you to borrow a lump sum against your home's equity, usually at a…

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What are cash-out refinance tax implications?

Key takeaways By tapping your home equity, cash-out refinancing can help you fund major expenses, like a home renovation. The…

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Should I buy a house now, or wait?

Key takeaways The current housing market is causing many prospective buyers to wait for better conditions, but there's no guarantee…

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Florida flooding focuses attention on uninsured Americans

2023 marked a year of historic downpours for Florida, with record-breaking flash floods in Fort Lauderdale in April and double-digit…

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