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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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