Tips, trends and insights for homebuyers like you.
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![How FHFA Could Lower Mortgage Rates in 2025: A Look at GSE MBS Purchases]()
How FHFA Could Lower Mortgage Rates in 2025: A Look at GSE MBS Purchases
Background A scenario we are prepping for at Tomo is the event of Fannie Mae and Freddie Mac (the GSEs) stepping into the market to buy Mortgage Backed Securities, causing a sudden drop in mortgage rates this year, in 2025. Such a move could result in a drop in mortgage rates by as much as… Read more
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![2025 mortgage interest rate forecast]()
2025 mortgage interest rate forecast
See how Tomo Mortgage’s head of Capital Markets breaks down the latest mortgage rate forecasts, predictions, and outlooks for 2024. Read more
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![What’s an Application Advisor?]()
What’s an Application Advisor?
After you win the offer on a new home, your Loan Advisor will introduce you to your Application Advisor (sometimes called a Loan Processor). It’s their… Read more
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![Who does what in a mortgage company? Understanding your lending team]()
Who does what in a mortgage company? Understanding your lending team
When you’re diving into the mortgage world, it’s easy to get mixed up between different roles. There’s a great big group of people who work both… Read more
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![Trump vs. Harris: Who has a better plan for homebuyers?]()
Trump vs. Harris: Who has a better plan for homebuyers?
Over the past 5 years, home prices have surged by over 50%. It’s no surprise that presidential candidates, Kamala Harris and Donald Trump, are eager to… Read more
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![Decoding the LTV in home loans]()
Decoding the LTV in home loans
The loan-to-value (LTV) ratio is a key figure that lenders use to gauge the risk of your mortgage. It shows how much of your property’s value… Read more
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![What’s a par rate—and does it really matter?]()
What’s a par rate—and does it really matter?
Mortgage lenders have different “point-values” associated with their interest rates, where there’s different costs associated. If you pay the lender more upfront for a lower interest… Read more
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![What is a mortgage and why is it important?]()
What is a mortgage and why is it important?
A mortgage is your ticket to owning a home without having the full cash upfront. It’s a loan that lets you buy property using borrowed money.… Read more
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![How to buy a home with less cash—the hidden world of lender credits]()
How to buy a home with less cash—the hidden world of lender credits
Lots of folks obsess about finding the lowest possible interest rate. And, we don’t disagree that finding the lowest rate is super important—it’s why our rates… Read more
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![How is the loan amount I am approved for calculated?]()
How is the loan amount I am approved for calculated?
There’s a lot of mortgage calculators out there—these aren’t honestly all that valuable if you really want to know how much house you can afford. We… Read more
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![How to game the real estate wealth-building ladder]()
How to game the real estate wealth-building ladder
Imagine yourself 15 years from now. You might want to live in a new city, own a larger home, or have enough savings for your kids’… Read more
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![What is a buyer’s market?]()
What is a buyer’s market?
A buyer’s market is a period when there are more homes or more supply in the market, than buyers or demand. This allows buyers to be… Read more
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![When is the best time of year to buy a home?]()
When is the best time of year to buy a home?
When it comes to buying a home, timing can make a huge difference. But each season comes with advantages and tradeoffs. Here’s some pro tips. Fall:… Read more
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![What is debt-to-income (DTI) in mortgage?]()
What is debt-to-income (DTI) in mortgage?
DTI measures how much of your income goes toward debt payments. Lenders use this ratio to assess your financial stability and determine your ability to handle… Read more
