You may have heard the term “zombie mortgage” floating around the news lately. If you have, and are wondering what it is (and whether you should be worried about it), you’re not alone – but we have answers. As interest rates fluctuate, and the American economy enters a soft slowdown, concerns about potentially at-risk mortgages …
Mortgage
First-Time Homebuyer’s Guide to Mortgages
For first-time homebuyers, getting a mortgage can seem daunting. Determining how much house you can afford, saving for a down payment, getting preapproved: it’s a lot to take in! To help answer these questions and more, here’s our guide to mortgages and the loan process.
How Much Will a Reverse Mortgage Cost Me?
If you’re considering taking out a reverse mortgage, here’s an in-depth look at the 8 most common fees and charges you’ll incur to set up and maintain this loan.
Reverse Mortgages: Pros and Cons Every Senior Should Be Aware Of
Learn all about the pros and cons of a reverse mortgage for senior citizens, and if it is the right financing option for you.
Reverse Mortgages: Pros and Cons Every Senior Should Be Aware OfRead More
Jumbo Loan vs. Conventional Mortgage: What’s the Difference?
Here’s our guide to jumbo loans and conventional mortgages, showing you the top differences between the two and how to decide which product to go with.
Jumbo Loan vs. Conventional Mortgage: What’s the Difference?Read More
7 Questions to Ask When Applying for a Jumbo Loan
You’ve found the new home of your dreams, but you may need a jumbo loan to finance the purchase. If you’re unsure of whether a jumbo loan is the right route to take, answer these 10 key questions to help you decide.
Everything to Know About Jumbo Loans
Looking to borrow more money than a typical mortgage would allow? A jumbo loan might be the answer. Here’s everything you need to know.
7 Questions to Ask When Applying for Jumbo Loans
Is a jumbo loan the best option to finance your new, pricey dream home? Here are seven questions to ask before applying for a jumbo loan.
Do You Need a Mortgage Escrow Account?
If you have the option of skipping an escrow account to pay your taxes and insurance, should you?NewHomeSource reviews the pros and cons.
How Home Buyers Can Adapt to New Financing Rates
With the rise in mortgage rates from historic lows, home buyers face sticker shock. But these financing options may help manage higher rates.
Financing an Investment Property
Securing funds to buy an investment property gets you closer to becoming a landlord collecting rental income. Here’s how to get the job done.
Can I Demo a Home With a Mortgage?
Want to demolish your home but still owe on it? Here are 5 steps to take, plus a look at financing options for a home demolition and rebuild.
Home Equity Loans vs HELOCs vs Cash-Out Refi
Considering using your home’s equity to secure extra cash? You have several options. NewHomeSource compares cash-out refinancing, HELOCs, and home equity loans to help you decide which is best for you.
Cash-Out Refinance Explained
Are you a homeowner in need of a lump sum of cash to pay for major expenses? Here’s what you need to know about cash-out refinancing.
The Complete Guide to Closing Costs in Texas
Ready to close on your home in Texas? Think you know everything about closing costs? Quiz yourself to make sure you haven’t skipped anything.
Closing Costs in North Dakota: What to Expect
Buying a home in North Dakota? Check here to see if you know what closing costs will be, and for ideas on how to lower those expenses.
Guide to Closing Costs in Montana
Are you a homebuyer about to close on a home in the Treasure State? Here’s what you need to know about closing costs in Montana.
Guide to Closing Costs in Nebraska
While you may be saving for a down payment to buy your dream home in Nebraska, make sure you have the cash for closing costs.
2021 Guide to Closing Costs in Missouri
Missouri has the lowest closing costs in the country, but that doesn’t mean buyers shouldn’t do their research. Here’s everything you need to know.
The Most Affordable Cities in Arkansas
Affordability is key when deciding where to buy a home. To help, NewHomeSource is gathering the top 10 most affordable cities in each state,
10 Most Affordable Places to Live in Arizona
Affordability is an important factor when it comes to choosing where you live. To help you out, we’ve gathered the top 10 most affordable cities in every state.
6 Most Affordable Cities in Delaware
If you’re looking at buying a new home in Delaware, here are the top 6 most affordable cities in The First State.
The Most Affordable Cities in Connecticut
Purchasing a home in Connecticut? Here are the top 10 most affordable cities in one of the country’s smallest states.
Your Guide to Closing Costs in Maine
Buy a home in Maine? Here’s what homebuyers need to know about closing costs and how to save on this step in the homebuying process.
2021 Guide to Closing Costs in Louisiana
If you’re a homebuyer moving to Louisiana, here’s how much you should be saving up for closing costs in the Pelican State.
Your Guide to Closing Costs in Kentucky in 2021
Ready to buy a home in Kentucky? While you may have a down payment, here’s how much you should be saving for closing costs in the Bluegrass State.
Your 2021 Guide to Closing Costs in Illinois
Ready to buy a home in Illinois? While you may have a down payment, here’s how much you should be saving up for closing costs in the Prairie State.
Complete Guide to Closing Costs in Florida
Ready to buy a home in Florida? While you may have a down payment, here’s how much you should be saving for closing costs in the Sunshine State.
Your Guide to Closing Costs in Alaska
Are you a homebuyer purchasing your dream home in the Last Frontier? Here’s how much you could be spending on closing costs.
Closing Costs in Delaware
If you’re a homebuyer planting roots in Delaware, make sure you’re saving up not just for a down payment for your new home, but for closing costs, too. Here’s how much closing costs may cost homebuyers in The First State.