Owner Financing Definition Explained With Examples and Risks
Owner financing lets a seller act as the bank, but it comes with tradeoffs on both sides. Here is how these deals work, who uses them, and what to watch…
Jorge Hernandez
How a Second Mortgage Works and What Lenders Require
Curious how does a second mortgage work? Here's how HELOCs and home equity loans let you borrow against your home, what lenders require, and the risks involved.
House Poor Means Spending Too Much on Your Home
House poor means your home costs more than your budget can comfortably handle. Here's how to spot the warning signs, the ratios lenders watch, and real ways to fix it.
What Is News Nation? Cable Channel Explained
NewsNation bills itself as the neutral alternative to CNN, Fox and MSNBC. Here is what the network actually is, who owns it, and how it stacks up.
Mortgage Lenders: What Are the Main Types?
Choosing among the types of mortgage lenders matters because each one handles rates, fees and approval speed differently, and picking the wrong fit can cost a buyer thousands over the…
Refinance Rates Fall After Four Day Climb, July 30
Refinance rates dipped Tuesday after four days of gains, with the 30 year average falling to 7.01%. Here's what's driving the move and what it means for borrowers.
Mortgage Payments: What Percentage of Income Should You Spend?
The 28/36 rule caps mortgage spending at 28% of income, but with rates near 6.12% and down payments averaging just 6%, is the old guideline still realistic?