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Latest Homes News

How do you pay back a reverse mortgage?

Key takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse mortgage falls…

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What to do when your mortgage forbearance period ends

Key takeaways Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, when you are…

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Bank statement loan: What is it and who should get one?

Key takeaways A bank statement loan allows you to qualify for a mortgage using bank statements rather than tax returns.…

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What is the Community Reinvestment Act?

Key takeaways The Community Reinvestment Act (CRA) is a federal and state law that encourages banks and lenders to meet…

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What is a first mortgage?

kate_sept2004/Getty Images Key takeaways A first mortgage is the primary or original loan on a home, typically used to buy…

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Hurricane season is around the corner: where Florida’s home insurance market stands post-Demotech FSR concerns

It has been almost two years since Demotech, the state’s primary financial rating firm, announced that 27 of Florida’s property…

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Mortgage rate lock: What it is and when you should use one

Key takeaways A mortgage rate lock does just that: locks in your mortgage rate so that it won’t change for…

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How to get a mortgage when you’re self-employed

Key takeaways It's possible to get approved for a home loan as a self-employed borrower, but you often have to…

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How to sell a house by owner in South Carolina

Key takeaways Selling your house without a real estate agent is possible, but it involves a lot of work, including…

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Houzeo review: What it is and how it works

Want to sell your home without having to pay a hefty commission to a real estate agent? A “for sale…

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