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 is a restrictive covenant in real estate jargon?]()
What is a restrictive covenant in real estate jargon?
A restrictive covenant is like a set of rules that dictate what you can and can’t do with your property. It’s baked right into your property… Read more
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![Is it good to buy in a HOA?]()
Is it good to buy in a HOA?
A HOA, or Homeowners Association, is essentially the neighborhood’s gatekeeper—and it can be a mixed bag. Roughly ⅓ of the U.S. lives in an HOA, and… Read more
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![What happens after you submit your mortgage application]()
What happens after you submit your mortgage application
Once you submit your application it goes to underwriting. Underwriting is about making sure the details of your loan, the property, and your financial situation align… Read more
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![What’s better—a fixed rate or adjustable-rate mortgage (also known as an ARM)?]()
What’s better—a fixed rate or adjustable-rate mortgage (also known as an ARM)?
A fixed rate mortgage locks in your interest rate for the entire loan term, so your interest rate stays the same no matter what happens in… Read more
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![LendingTree vs. Rocket Mortgage – what’s the difference?]()
LendingTree vs. Rocket Mortgage – what’s the difference?
Lending Tree & Rocket Mortgage: the basics LendingTree: The Marketplace Aggregator LendingTree is an online marketplace that connects borrowers with multiple lenders. Unlike Rocket Mortgage, LendingTree… Read more
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![What are seller credits?]()
What are seller credits?
Seller credits are essentially a way for the seller to help you with some of the closing costs or other expenses related to buying a home. … Read more
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![What is a mortgage Loan Officer?]()
What is a mortgage Loan Officer?
A mortgage Loan Officer, also known as a Loan Advisor here at Tomo Mortgage, is the person you’ll likely work with the most when you’re looking… 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
