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Average monthly mortgage payment
Skyhobo/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Monthly mortgage payments include not just principal and interest but also…
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…
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…
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…
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…
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…
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…
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…
‘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…
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…
