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Latest Homes News

What’s the best way to pay for home renovations: savings or financing?

Key takeaways Using savings to fund renovations avoids the extra expense of interest and accumulation of debt, and encourages sticking…

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What is a balloon mortgage?

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…

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How to improve your finances before your first mortgage

RiverNorthPhotography/Getty Images Key takeaways Improving your finances before applying for a mortgage gives you the best shot at getting good…

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Mortgagor vs. mortgagee: What’s the difference?

hobo_018/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways The mortgagor is the person or entity who borrows and pays back a…

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Agent commissions are getting more transparent — but critics still say the real estate industry operates as a ‘cartel’

When the National Association of Realtors (NAR) and major brokers last year lost a federal antitrust suit, the verdict unleashed…

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Best FHA 203(k) rehab mortgage lenders in 2024

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

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What property buyers should know about land loans

Looking to buy some land? You have plenty of options, from modest suburban lots to massive 5,000-acre ranches. You probably…

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Do I need a Realtor to buy a house?

Key takeaways The vast majority of homebuyers work with an agent, but it is possible to buy a home without…

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How to stop foreclosure

Key takeaways Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following…

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What is negative equity? A guide to underwater mortgages

Key takeaways Negative equity occurs when your home’s value sinks below the amount you owe on it (from your mortgage…

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