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Latest Homes News

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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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 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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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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Does homeowners insurance cover wildfire damage?

milehightraveler/Getty Images Key takeaways Homeowners insurance typically covers wildfire damage, but carriers may limit coverage in areas with high wildfire…

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Advantages and disadvantages of having a mortgage

The dream of owning a home might more accurately be described as the dream of paying off a mortgage. A…

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FHA 203(k) loans: What they are and how they work

Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA 203(k) loans provide funding to finance both a home's purchase and the…

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