If you’re buying a home, you’ll need to know how mortgage interest will work with the loan you choose. Learn the basics of mortgage interest and why it matters.| Rocket Mortgage
The federal funds rate helps regulate the U.S. economy, but it can also affect mortgage rates. Learn how it can affect you as a home buyer and homeowner.| Rocket Mortgage
Amortization schedules your mortgage payments and tracks what the money goes toward. Learn how amortization works in real estate for different loans| Rocket Mortgage
What is SOFR, and how does it affect your mortgage interest rate? Learn more about how lenders use the Secured Overnight Financing Rate to set interest rates.| Rocket Mortgage
A 5/1 ARM offers home buyers a low introductory interest rate for the first 5 years of their loan. Read on to learn how a 5/1 ARM could work for you.| Rocket Mortgage
When you get a mortgage, you pay your lender interest based on your mortgage rate. Learn what a mortgage rate is, what determines it and how to get a good one.| www.rocketmortgage.com
There are many types of home loans to choose from when buying a house. Learn more about the pros and cons of each type of mortgage to find the best one for you.| Rocket Mortgage
While shopping for home loans, you’ll need to decide between a fixed-rate or adjustable-rate mortgage. Learn how they differ, and which is better for you.| Rocket Mortgage
The best way to pinpoint the right mortgage lender for you is to ask plenty of questions. Read through these 14 essential ones to get you started.| Rocket Mortgage
Mortgages help people buy homes, allowing millions to achieve a coveted milestone. Explore what a mortgage loan is, how it works and how to get one.| Rocket Mortgage
Making principal-only payments on your mortgage can save you on interest over time. Learn how to make a principal-only payment and pay off your loan faster.| Rocket Mortgage