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Latest Homes News

How often can you refinance your home?

Key takeaways There is no limit on how many times you can refinance your mortgage, although lenders may enforce a…

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What does ‘exclusive right to sell’ mean in real estate?

Key takeaways An exclusive right to sell agreement gives one real estate agent and their brokerage the sole right to…

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Buy or rent? Study shows renting is more affordable in the 50 largest metros

For those weighing whether they should rent or buy a home right now, all signs point to renting as the…

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The future of real estate commissions post-Realtor settlement

Real estate commissions survived the rise of the Internet and decades of attacks from disruption-minded discounters. Now, finally, they might…

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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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