Mortgages
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Mortgage Basics
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Latest Articles
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What is collateral for a mortgage, and how does it work?
It’s usually the home you’re buying — and it’s on the line if you can’t repay the loan.
4 min read May 13, 2024 -
5 biggest myths about mortgage refinance
Don’t let lack of knowledge hold you back from refinancing.
7 min read May 13, 2024 -
What is a 5/1 adjustable-rate mortgage (ARM)?
A 5/1 ARM is a common type of adjustable-rate mortgage.
8 min read May 10, 2024 -
Income requirements to qualify for a mortgage
It’s not just if you have enough coming in, but how much you have going out.
5 min read May 10, 2024 -
Pros and cons of a 15-year mortgage
A 15-year mortgage has a lot of positives. Provided it won’t cost you too much.
4 min read May 09, 2024 -
What is a 3/1 adjustable-rate mortgage (ARM)?
Want the lowest-possible interest rate? This mortgage delivers — for a few brief years.
4 min read May 09, 2024 -
Buying a house with cash vs. a mortgage
Paying all-cash saves you money and time, but getting a mortgage has financial benefits too.
8 min read May 08, 2024 -
Average monthly mortgage payment
If you get a mortgage, you’ll need to make a monthly loan payment. Here’s a look at the national average.
4 min read May 08, 2024 -
Mortgage rates dip amid signs of a slowdown
The average 30-year fixed mortgage rate was 7.33 percent as of April 17, 2024.
2 min read May 08, 2024 -
Lender credits: What are they and how do they work
It saves costs upfront, but it’s not free money.
4 min read May 08, 2024