Buying a duplex gives you the opportunity to live in one unit while renting the other. Sometimes called house hacking, this strategy can help offset part of your housing expenses while allowing you to own a property with rental income potential. But renta
Sep 09, 2025 | Purchasing a Home
Mortgage rates are influenced by more than decisions from the Federal Reserve. One factor that receives less attention is the mortgage spread, which is the difference between mortgage rates and a benchmark such as the 10-year U.S. Treasury yield. When tha
Sep 02, 2025 | Purchasing a Home
VA-backed home loans can offer valuable benefits to eligible Veterans, service members, and certain surviving spouses, including the possibility of buying without a down payment and without monthly private mortgage insurance. But the Department of Veteran
Aug 26, 2025 | VA Loans
Homeowners with a mortgage are generally required to maintain property insurance that meets the requirements of their loan. If that coverage expires, is canceled, or becomes insufficient, a mortgage servicer may obtain insurance for the property and charg
Aug 19, 2025 | Purchasing a Home
Deciding whether to rent or buy a home is not simply about comparing your monthly rent with a potential mortgage payment. It is a financial and lifestyle decision that depends on your budget, future plans, local housing market, and readiness for the respo
Aug 12, 2025 | Purchasing a Home
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
Aug 05, 2025 | Purchasing a Home
