What is a Conforming Loan?

A conforming loan is one of the most popular types of mortgage. If you’re shopping for a new home, it’s good to get familiar with what it is and what it could mean for you as a borrower to get this type of mortgage. The Basics A conforming loan is a mortgage that Fannie Mae or Freddie Mac can purcha

How Much Should A Down Payment Be?

If you’re planning to buy a new house, a big part of that is saving for a down payment. Your down payment is the money you put down when you close on a mortgage. Lenders will often describe down payments in terms of percentages. A down payment represents what you initially own when you buy a home. T

Contracts Without the Confusion: Understanding Addendums and Contingencies

For many new real estate agents, the first time an offer turns into a stack of paperwork can feel overwhelming. What starts as a simple purchase agreement can quickly grow into multiple disclosures, attachments, and legal clauses that new agents are still learning to navigate. Two of the most common

3 in 5 Americans Fear AI Could Replace Jobs, Making it Harder to Afford Homes

Roughly three in five (59%) U.S. residents believe advances in artificial intelligence will eliminate jobs and make it harder for people to afford homes, according to a new survey fielded by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Half as many people (30%) beli