Homes
Latest Homes News
Does homeowners insurance cover fire damage?
MarkCoffeyPhoto/Getty Images Key takeaways Home insurance policies generally cover losses from a fire. However, homeowners insurance typically does not cover…
Guide to closing on a house: What to expect during the closing process
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
How is home equity split in a divorce?
Divorce isn’t just about emotional separation: It’s about financial separation, too, especially when it involves shared property like a home,…
Average down payment on a house
Key takeaways The median down payment on a home in the U.S. in Q1 2024 was $26,700 — about 8%…
Home equity loan or HELOC vs. reverse mortgage: Which is right for you?
If you’ve owned your residence for a while, you’ve probably built up a valuable amount of home equity you can…
Does homeowners insurance cover wildfire damage?
milehightraveler/Getty Images Key takeaways Homeowners insurance typically covers wildfire damage, but carriers may limit coverage in areas with high wildfire…
Advantages and disadvantages of having a mortgage
The dream of owning a home might more accurately be described as the dream of paying off a mortgage. A…
FHA 203(k) loans: What they are and how they work
Westend61/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways FHA 203(k) loans provide funding to finance both a home's purchase and the…
Convertible ARM loans: What they are and how they work
Thomas Barwick/Getty Images Key takeaways A convertible ARM includes a clause that lets borrowers switch from an adjustable interest rate…
How to prevent your home from flooding
Flooding is the most frequent and costly natural disaster impacting the U.S.— also one of the most misunderstood. Homeowners living…
