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Latest Homes News

Buying a house with cash vs. a mortgage

Key takeaways Paying for a house in cash can speed up the buying process, lower your long-term costs and give…

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How many people can be on a mortgage?

Key takeaways While there is no official maximum number, lenders generally accept no more than four borrowers on a conventional…

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The future of real estate commissions post-Realtor settlement

Real estate commissions survived the rise of the Internet and decades of attacks from disruption-minded discounters. Now, finally, they might…

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What high-profile commission changes mean for homebuyers and sellers

The National Association of Realtors (NAR) agreed to new rules around real estate commissions as part of a lawsuit settlement…

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How does mortgage interest work?

Key takeaways Mortgage interest is the price you pay for borrowing money from a lender, charged as a percentage of…

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Lender-paid mortgage insurance (LPMI): What is it and how does it work?

When you apply for a mortgage, the lender ideally wants to see you make a down payment of at least…

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Cost of living facts and statistics 2024

10'000 Hours/Getty Images Inflation and the cost of living are not one and the same. Although inflation does have a…

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‘We buy houses’ companies in Michigan

Going through the traditional process of selling a home — hiring a real estate agent, listing your property and waiting…

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What credit score is needed to refinance your mortgage?

Key takeaways You’ll need a credit score of at least 620 for a conventional refinance. Credit score minimums for other…

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What is a home equity loan?

Key takeaways A home equity loan allows you to borrow a lump sum against your home's equity, usually at a…

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