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Latest Homes News

Home equity loan or HELOC vs. cash-out mortgage refinance

Key takeaways Home equity loans, HELOCs, and cash-out refinancing are three popular ways to borrow using your home as collateral.…

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Assumable mortgage: What is it and how does it work?

kate_sept2004/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways When you assume a mortgage from a home seller, you become responsible for…

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How many VA loans can you have?

Key takeaways You can have multiple VA loans throughout your life, but only in certain situations, such as selling your…

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Housing market predictions for 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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How to find a home’s value in 2024

As a homeowner, whether you’re preparing to sell, looking to refinance or just curious how much equity you have, you’ll…

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FHA closing costs: What they are and how much you’ll pay

Jaskaran Kooner/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA loans come with closing costs, typically 2 percent to 6 percent…

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Getting a mortgage after bankruptcy: What you need to know

Key takeaways You can get a mortgage after declaring bankruptcy, but how soon depends on the type of mortgage and…

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What is the draw period on a HELOC and how does it work?

In this article Caret Down Caret Up Key takeaways The draw period is the initial phase of a home equity…

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Common home styles and types of houses

If you’re thinking about buying a new home, get ready to explore a wide range of options. From single-family homes…

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What is redlining? The history of racism in U.S. real estate

Key takeaways Redlining was a real estate practice in which certain neighborhoods were designated as high-risk, largely due to racial…

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