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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![Are condos a smart investment?]()
Are condos a smart investment?
Thinking about snagging a condo? It could be a killer investment, but it really depends on what you’re aiming for financially and personally. Here’s the scoop… Read more
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![Wells Fargo vs. Rocket Mortgage]()
Wells Fargo vs. Rocket Mortgage
Ready to dive into the mortgage game? Wells Fargo and Rocket Mortgage (formerly Quicken Loans) are probably on your radar. Let’s break down the hype and… Read more
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![New American Funding vs. Rocket Mortgage]()
New American Funding vs. Rocket Mortgage
When you’re diving into the home loan market, you might encounter New American Funding (legally known as Broker Solutions) and Rocket Mortgage (formerly Quicken Loans). These… Read more
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![Rate vs. Rocket Mortgage]()
Rate vs. Rocket Mortgage
When it comes to snagging a home loan, two big names might pop up: Rate (formerly Guaranteed Rate, and owner of the big rate.com domain) and… Read more
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![LoanDepot vs. Rocket Mortgage]()
LoanDepot vs. Rocket Mortgage
Ready to dive into the world of home loans? LoanDepot and Rocket Mortgage (formerly Quicken Loans) are major players in the mortgage game, but how do… Read more
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![Does a credit check lower my credit score?]()
Does a credit check lower my credit score?
Alright, so you’re getting serious about buying a house and wondering if a credit check is going to mess with your score. The answer? It depends… Read more
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![How much money do I need to buy a house?]()
How much money do I need to buy a house?
It’s a seemingly simple question, with a complicated answer. We’ll do our best to simplify how much money you’ll need to have saved up in order… Read more
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![How much are closing costs?]()
How much are closing costs?
Closing costs are all the expenses needed to seal the deal on your home purchase, beyond the negotiated purchase price of the property. Most buyers are… Read more
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![Is it better to rent or buy a home?]()
Is it better to rent or buy a home?
Renting versus buying is a common crossroads many people face. Renting can feel a lot lower stakes as well as simpler and less expensive than buying… Read more
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![How long does it take to close on a house after an offer is accepted?]()
How long does it take to close on a house after an offer is accepted?
At a typical lender, closing on a house generally takes around 30 to 45 days from the moment your offer gets the green light. At Tomo… Read more
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![Is buying real estate a good investment?]()
Is buying real estate a good investment?
Investing in real estate is a phrase that is commonly thrown around, and it can often feel confusing. What real estate should I invest in? Is… Read more
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![How to get pre approved for a mortgage]()
How to get pre approved for a mortgage
A good way to think about your pre approval is a guarantee from a lender that you can pay a certain amount for a home. You… Read more
