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Latest Homes News
What is a mortgage?
David Papazian/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A mortgage is a long-term loan from a financial institution…
Why is housing inventory so low? Understanding the U.S. housing shortage
Richard Newstead/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways The housing shortage is essentially a problem of supply and demand: There…
What is a non-QM loan? The lowdown on non-qualifying mortgages
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
Smart ways to use your home equity for remodeling
In this article Caret Down Caret Up Key takeaways Rising home prices, low inventory and high mortgage rates have homeowners…
A median-priced home in the U.S. requires a salary of at least $100K. Can a parent buy for a child who’s just starting out?
Key takeaways Purchasing a home for a child can help them build wealth and financial stability. Some of the ways…
How to buy a second home
Key takeaways Before you buy a second home, get clear on how you want to use the property. Will it…
Restoring stability: home insurance as a safety net for financial stress during disasters
As of early April 2024, there have already been two weather-related events that have caused upward of $1 billion in…
10 first-time homebuyer tips: How to get that house
The U.S. housing market is as challenging as ever for homebuyers, with mortgage rates close to a 23-year high, housing…
6 lessons I learned from inheriting a parent’s house
Inheriting a house is a bittersweet, overwhelming experience. I remember receiving the deed that transferred ownership of my mother’s home…
Mortgages for seniors: Getting a home loan in retirement
Key takeaways Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result,…
