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Latest Homes News

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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10/1 or 10/6 ARM vs. 30-year fixed-rate mortgage

@TonyTheTigersSon/Twenty20 Key takeaways With a 10/1 or 10/6 ARM, you'll have a fluctuating interest rate after a set introductory period,…

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How to find affordable homeowners insurance in a high-risk fire zone

Key takeaways The number of counties identified as having a high risk of wildfires has increased in recent years. Roughly…

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Does homeowners insurance cover fire damage?

MarkCoffeyPhoto/Getty Images Key takeaways Home insurance policies generally cover losses from a fire. However, homeowners insurance typically does not cover…

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Guide to closing on a house: What to expect during the closing process

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 is home equity split in a divorce?

Divorce isn’t just about emotional separation: It’s about financial separation, too, especially when it involves shared property like a home,…

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Housing market predictions for the rest of 2024

Key takeaways Low levels of inventory mean that sellers continue to have the upper hand in the housing market. Mortgage…

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