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What is a fixed-rate mortgage and how does it work?

Key takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether…

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How to choose a mortgage lender: 6 tips

Key takeaways Strengthening your credit score, setting your budget and understanding loan types and terms…

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Mortgage rate forecast June 2024

irina88w/GettyImages; Illustration by Hunter Newton/Bankrate A better tone of inflation data and evidence of slowing…

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U.S. house fire facts and statistics in 2024

Images by Getty Images; Illustration by Issiah Davis/Bankrate A house fire can quickly spiral out…

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Pros and cons of a cash-out refinance

Weekend Images Inc./Getty Images Our writers and editors used an in-house natural language generation platform…

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Should I buy a house or build one?

Key takeaways The purchase price of a completed new-construction home tends to be higher than…

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Mortgages and loans to pay for home renovations

Key takeaways There are multiple renovation loan options for people who want to borrow money…

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Secondary mortgage market: What it is and how it works

Key takeaways The secondary mortgage market is a financial marketplace where investors buy and sell…

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Hard money lending: Guide to hard money loans and lenders

Nazar Abbas Photography/Getty Images Key takeaways Hard money loans are secured, short-term loans often used…

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How to build equity in your home in 2024 (and why you should)

Key takeaways Building home equity can not only be a reliable way to create wealth…

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