Featured resources

The Federal Reserve building, representing a financial institution.

4-minute read

Federal reserve press release in plain English - May 2023

Continued stress in the banking sector and some mixed economic signals have characterized the last few weeks. How did the Federal Reserve react?

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

3-minute read

Federal Reserve press release in plain English - February 2023

The Federal Reserve raised the target for the federal funds rate by 0.25%. Get the details on this and where members see interest rates headed in the future....

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A Federal-style brick building, potentially representing historic architecture.

5-minute read

What is a federal style house, and should I buy one?

A Federal-style house emulates ancient Roman architectural forms and was popularized by Thomas Jefferson. Learn more about the Federal architectural style.

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An image displaying a grey, single-story ranch-style model house with a well-maintained lawn and driveway.

3-minute read

What Is An FHA amendatory clause?

Are you financing your new home with an FHA loan? The FHA amendatory clause is one step to the process. Learn how the clause impacts you as a home buyer.

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A luxury kitchen with a marble slab backsplash and modern appliances.

7-minute read

What are lender credits used for when buying a house?

Lender credits let you roll your closing costs into your loan for a higher interest rate. Learn about lender credits and if they could be helpful to you.

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A fashionable women sitting on a stool looking outside, possible posing for a photo.

4-minute read

Fee simple: What is it in real estate and how does it work?

Fee simple refers to a landowner’s absolute ownership of real property. Read our article to learn about how fee simple determines real estate or land o...

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Documents spread across a table alongside a coffee mug, portraying an organized or busy setting related to home paperwork or financial documentation.

4-minute read

What is fair market value (FMV) in real estate and how is it calculated?

Fair market value (FMV) in real estate is an assessment of a property's worth in an open market. Learn how FMV is calculated and what it's used for.

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The Federal Reserve building, representing a financial institution.

3-minute read

Federal Reserve press release in plain english - December 2022

The Federal Reserve raised the federal funds rate by 0.5% in December to a range of 4.25% – 4.5%. Check out our analysis on what that means for you.

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

4-minute read

Federal Reserve press release in plain English - November 2022

The Federal Reserve raised the federal funds rate again, but how much and what does it mean for the future? All that ahead.

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

5-minute read

Federal Reserve press release in plain English - July 2022

The Federal Reserve raised interest rates, but there are other important details. Read on for a plain English translation of the latest.

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The Federal Reserve building, representing a financial institution.

4-minute read

Federal Reserve press release in plain English - June 2022

The Federal Reserve made a big bump in the federal funds rate to try to bring inflation under control. Read on for more details!

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Federal Reserve concept, potentially related to economic discussions or mortgage rates.

3-minute read

Federal Reserve press release in plain english - July 2023

The Federal Open Market Committee chose to raise the target range for the federal funds rate 0.25% to 5.25% – 5.5%. We break down what it means for you...

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Federal Reserve Update Image

3-minute read

Federal Reserve press release in plain English - December 2023

Not only did the Federal Reserve leave the federal funds rate unchanged in December, but there are the first signs that rate cuts may be on the way.

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The Federal Reserve Bank building.

3-minute read

Federal Reserve press release in plain English - June 2023

While the Federal Reserve probably isn’t done with rate hikes, they chose to waive the target range for the federal funds rate where it is this time ar...

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The Federal Reserve Bank building.

4-minute read

Federal Reserve press release in plain English - September 2023

The Federal Reserve chose to leave the target for the federal funds rate alone at its September meeting. There was a projection of what’s coming next.

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A young woman working on a laptop, possibly in a home or office setting.

6-minute read

What is total debt service and the debt service coverage ratio (DSCR)?

Lenders use total debt service to measure your ability to repay a mortgage. Learn what a debt service coverage ratio (DSCR) is and how to calculate it yourself.

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Suburban ranch house

9-minute read

Home equity loan vs. personal loan: What's the best option?

A personal loan is an unsecured loan, while a home equity loan is backed by your home equity. See the main differences between these two loan types.

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A couple having a discussion, potentially about new home prospects.

4-minute read

What is an escalation clause and when is the time to use one?

An escalation clause states a buyer is willing to raise their offer if a seller receives a higher offer. Read our guide on escalation clauses.

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