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Latest Homes News

Should I buy a house or build one?

Key takeaways The purchase price of a completed new-construction home tends to be higher than that of an existing home.…

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Mortgages and loans to pay for home renovations

Key takeaways There are multiple renovation loan options for people who want to borrow money to improve or renovate their…

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Secondary mortgage market: What it is and how it works

Key takeaways The secondary mortgage market is a financial marketplace where investors buy and sell bundled packages consisting of many…

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Hard money lending: Guide to hard money loans and lenders

Nazar Abbas Photography/Getty Images Key takeaways Hard money loans are secured, short-term loans often used to finance a home purchase.…

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How to build equity in your home (and why you should)

Key takeaways Building home equity can not only be a reliable way to create wealth but can also help you…

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Pros and cons of a cash-out refinance

Weekend Images Inc./Getty Images Our writers and editors used an in-house natural language generation platform to assist with portions of…

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Deed of reconveyance: What it is and how it works

Key takeaways A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you’ve paid…

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U.S. house fire facts and statistics in 2024

A house fire can quickly spiral out of control. Something as small as a faulty socket, splash of grease or…

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The lock-in effect is keeping homes off the market. How long will it last?

As mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to snap up cheap…

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How to save for a down payment

Key takeaways To save for a down payment, you can automate your savings, explore additional income sources and reprioritize your…

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