Tips, trends and insights for homebuyers like you.
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![How the biggest lenders quietly drove up mortgage fees and why it matters for homebuyers]()
How the biggest lenders quietly drove up mortgage fees and why it matters for homebuyers
Mortgage fees have climbed in recent years—but not evenly. New data from Tomo TrueRate shows that the largest mortgage lenders are driving the biggest increases in lender fees, far outpacing both inflation and smaller competitors. The data reveals a growing pricing disparity that raises questions about how lender size influences cost—and how informed buyers can… 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 a mortgage title, and what’s it to you?]()
What’s a mortgage title, and what’s it to you?
The mortgage title is basically your proof that you own your house. It’s the legal document that says, “This property is officially yours.” It also covers… Read more
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![What’s the typical down payment on a house?]()
What’s the typical down payment on a house?
So, you’re ready to take the leap into homeownership, and onto the wealth building ladder of real estate… but first, let’s talk about one of the… Read more
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![What is a pre approval letter? Your must-have for home buying success]()
What is a pre approval letter? Your must-have for home buying success
Strap in! Before you kick off your house hunt, there’s one essential document you absolutely need: the pre approval letter. What is it, and why should… Read more
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![Why do mortgage lenders track all deposits?]()
Why do mortgage lenders track all deposits?
Good question! Lenders are all about making sure you’re financially solid and that your money is legit. They want to see that your cash flow isn’t… Read more
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![VA vs. conventional loans: which is better?]()
VA vs. conventional loans: which is better?
Choosing the type of loan that makes the most financial sense for you can be daunting for first time homebuyers and repeat purchasers alike. There’s some… Read more
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![Why do you need a license to talk about interest rates?]()
Why do you need a license to talk about interest rates?
Ever wonder why someone needs a license to talk about interest rates? Yeah, it sounds like just another layer of bureaucracy, but it’s actually super important.… Read more
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![Is there a first-time homebuyer loan?]()
Is there a first-time homebuyer loan?
In short, no. There is not one uniform first-time homebuyer loan. But there are several options designed to benefit first-time buyers: What type of loan do… Read more
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![Conventional loans 101: an insider’s guide to standard home financing]()
Conventional loans 101: an insider’s guide to standard home financing
A conventional loan is like the old reliable of mortgages—provided by private lenders (not the government), it’s straightforward, flexible, and widely used. If FHA, VA, and… Read more
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![Will home prices ever drop?]()
Will home prices ever drop?
OK, homes are really, really expensive right now. Affordability is rough in cities like Denver or Washington DC but even across the country home prices rose… Read more
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![Better to buy now or wait for rates to drop? We’ve got the answers.]()
Better to buy now or wait for rates to drop? We’ve got the answers.
Let’s be real—interest rates matter. Even a small percentage change can make a huge difference over time. For instance, on a $400,000 loan, a 6% interest… Read more
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![Jumbo loans unpacked: the need to know before borrowing big]()
Jumbo loans unpacked: the need to know before borrowing big
A jumbo loan is your go-to mortgage if you’re aiming for a property that goes beyond the standard limits. These loans exceed the conforming loan limits… Read more
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![Closing disclosure? What’s that?]()
Closing disclosure? What’s that?
The Closing Disclosure is a document that spells out every last cent and every commitment you’re about to make before you officially become a homeowner. Here’s… Read more
