Mortgage guide
Learn how mortgages work and what it will mean for your finances to have one
Featured articles:
Prequalified vs. preapproved: what’s the difference?
A prequalification estimates how much you can afford, while a preapproval gives a better estimate and verifies your financial info for a loan. Learn more.
A walk-through on how to apply for a mortgage
The mortgage application process has five important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.
Featured resources
4-minute read
What happens when you pay off your mortgage
Paying off a mortgage is a great achievement that impacts your credit score, mix of accounts and utilization rate. Here are the facts to consider.
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4-minute read
Mortgage loan limits are on the rise
Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits....
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8-minute read
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.
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6-minute read
Buying by state: This is the average mortgage payment in Pennsylvania
The average mortgage payment varies by state. What is the average mortgage payment in Pennsylvania? Estimate what you might pay for a home in Pennsylvania.
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5-minute read
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.
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7-minute read
What is considered ‘debt’ when applying for a mortgage?
What is considered ‘debt’ when applying for a mortgage? Our guide describes what monthly debt payments lenders consider when approving a mortgage.
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