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Latest Homes News

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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Does a HELOC affect your credit score?

Key takeaways HELOC applications require a hard credit pull, which does temporarily lower your credit score. Closing a HELOC and…

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What you need to know about roof inspections

If you’ve ever had a homeowners insurance policy, then you may have had a roof inspection before. During these inspections,…

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Loss assessment coverage

As a homeowner, you typically have the ability to personalize your home insurance policy by purchasing endorsements. If you live…

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FSBO meaning: For sale by owner, explained

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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Where to get a home equity loan: finding the best lender for your needs

Key takeaways Home equity loans can be obtained from various lenders such as banks, credit unions, mortgage lenders, and online-only…

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How to get flood insurance coverage and who needs it

Flood damage won’t be covered by your home insurance policy, but buying flood insurance can offer financial protection beyond home…

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Average down payment on a house

Key takeaways The median down payment on a home in the U.S. in Q1 2024 was $26,700 — about 8%…

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Home equity loan or HELOC vs. reverse mortgage: Which is right for you?

If you’ve owned your residence for a while, you’ve probably built up a valuable amount of home equity you can…

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How to sell a house by owner in Tennessee

Key takeaways Using a real estate agent is not mandatory when selling a home in Tennessee, but doing it yourself…

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