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Latest Homes News

No-doc mortgage: What is it and can you still get one?

Key takeaways A no-doc mortgage offers a way to get a home loan without some of the income and employment…

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What is a short sale?

Key takeaways A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for…

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What are homeowners insurance premiums and how do they work?

Key takeaways Homeowners insurance premiums are the amount you pay for your home insurance policy. The average cost of home…

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What is a HELOC?

Key takeaways A home equity line of credit (HELOC) is a variable-rate form of financing that allows you to cash…

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Will a ‘silver tsunami’ solve the U.S. housing shortage?

Key takeaways There's a housing shortage in the U.S., with more demand for homes than there is supply of available…

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Closing costs in Tennessee: Who pays for what

Jeremy Poland/Getty Images Real estate deals aren’t just about a home’s sale price. There are also closing costs to consider,…

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Home equity: What is it and how can you use it?

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…

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How to get a low-cost mortgage refinance

Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways Refinancing your mortgage includes expenses just like your original mortgage did,…

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FHA loans: Definition, requirements and limits

Key takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise…

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What is correspondent lending?

Key takeaways Correspondent lenders originate and underwrite mortgages, financing them with their own funds. Mortgages originated by correspondent lenders are…

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