If you are buying a fixer-upper or planning major improvements to your current home, paying for the property and the renovations separately is not your only option. A Fannie Mae HomeStyle Renovation mortgage can combine eligible renovation costs with a ho
Most homebuyers rely on mortgage financing to complete a purchase. But what happens if you sign a purchase contract and your financing does not come together as expected? A mortgage contingency, also called a financing contingency, may provide important p
The housing market continues to change, and available inventory is one of the most important trends for homebuyers to watch. More homes for sale can give buyers additional choices and potentially more negotiating room, but conditions vary significantly by
Buying a vacation home can give you a place to escape, spend time with family, and enjoy a favorite destination throughout the year. But purchasing a second home involves more than finding the perfect beach condo, lake house, or mountain retreat. Before b
Artificial intelligence and automation are changing parts of the mortgage industry, but perhaps not in the futuristic way some headlines suggest. Technology can help lenders analyze information, verify data, assess risk, and streamline certain steps of th
What if buying a home where you currently live is too expensive, but you are financially ready to own real estate? Rent-vesting offers another path. Instead of purchasing your primary residence, you continue renting where you want to live while buying an