Mortgage Guide

Learn how mortgages work and what it will mean for your finances to have one
Couple meeting with agent, about to sign documents.

Featured Articles:

Mortgage Preapprovals Vs. Prequalifications: Which Should You Get?

A prequalification estimates how much house you can afford, while a preapproval verifies your financial information for a loan. Learn more about these terms.

 Read More Understanding The Mortgage Loan Process

The mortgage loan process consists of eight important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.

 Read More

1-6 of 93

Two women looking over mortgage documents together at signing.

Mortgage Basics - 7-MINUTE READ

Ashley Kilroy - Sep 6, 2024

How Does Mortgage Interest Work? Everything You Need To Know

If you’re buying a home, you’ll need to know how mortgage interest will work with the loan you choose. Learn the basics of mortgage interest and why it matters.

A woman enjoying a cup of coffee while thinking about something.

Mortgage Basics - 4-MINUTE READ

Ashley Kilroy - Aug 27, 2024

Adjustable-Rate Mortgage: The Pros And Cons To Consider

Adjustable-rate mortgages come with pros and cons, the primary tradeoff being a lower initial interest rate that increases later. Find out more here.
An image possibly related to the LIBOR (London Interbank Offered Rate) financial concept.

Mortgage Basics - 6-MINUTE READ

Kevin Graham - Aug 9, 2024

The London Interbank Offered Rate (LIBOR), Defined And Explained

Until recently, LIBOR was a longstanding benchmark interest rate for adjustable-rate mortgages and other loans. Learn about LIBOR and its replacement.
The Federal Reserve Bank building.

Mortgage Basics - 5-MINUTE READ

Sarah Lozanova - Jul 30, 2024

How The Federal Funds Rate Affects Mortgage Rates

The federal funds rate helps regulate the U.S. economy, but it can also affect mortgage rates. Learn how it can affect you as a home buyer and homeowner.
Two women going over paperwork in an office setting, potentially related to real estate or finances.

Mortgage Basics - 4-MINUTE READ

Katie Ziraldo - Jul 30, 2024

What Is The Average Mortgage Payment?

Wondering what you can expect for your monthly mortgage payments? Learn about the average mortgage payment and the factors that affect it.
Young woman with tattoos and short white hair working on a laptop with paperwork, indicating financial or work-related tasks.

Mortgage Basics - 7-MINUTE READ

Sam Hawrylack - Jul 29, 2024

Rolling Student Loans Into A Mortgage: The Pros, Cons And Alternatives

Rolling your student loans into a mortgage can make it easier to manage your finances. Learn your options for reducing or consolidating student debt.