- Homebuyers
- August 6, 2025
Mortgage Terminology Explained: A Comprehensive Home Loan Dictionary
Regardless of where you are in your home loan journey, it’s important to understand mortgage terminology. This glossary can help.
Regardless of where you are in your home loan journey, it’s important to understand mortgage terminology. This glossary can help.
If you’re planning to buy a home with a Federal Housing Administration (FHA) loan in 2025, there’s good news: You might be able to borrow more this year.
A mortgage comes with a lot of paperwork. And in that thick stack of disclosures and agreements are details that could shape your monthly budget for years.
Newer processes, like hybrid home appraisals and remote closings, can speed up the homebuying process. They can also often lower costs, a big benefit for buyers trying to save some money.
Between an accepted offer and the closing table lies one of the most essential phases of a home sale: due diligence.
Short for “comparable sales,” comps are vital to understanding the market whether you’re selling, buying, or just keeping tabs on real estate activity.
Mortgage rates often change multiple times a day. That’s why homebuyers who have an offer accepted on a property may want lock in their rate. This is what to consider.
Homebuyers are increasingly turning to adjustable-rate mortgages (ARMs) as a potential solution to manage higher borrowing costs.
This summer may be shaping up to offer buyers something spring didn’t: leverage.
Upsizing, when you trade up to a home with more square footage, isn’t always as simple as picking a bigger place and calling the movers.