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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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See how Tomo Mortgage’s head of Capital Markets breaks down the latest mortgage rate forecasts, predictions, and outlooks for 2024. Read more
Headquartered in Concord, New Hampshire, Merrimack County Savings Bank offers homebuyers a solid mix of competitive mortgage rates and lower-than-average fees. Compared to national lenders, its… Read more
Based in Swansea, Massachusetts, BayCoast Mortgage Company offers home loans throughout the Northeast. While it aims to provide competitive mortgage options, borrowers should be aware that… Read more
This Massachusetts-based bank, headquartered in Orleans, serves homebuyers across Cape Cod and the surrounding areas. While it prides itself on community banking, borrowers should review loan… Read more
Operating out of Creve Coeur, Missouri, First Bank offers a range of mortgage products. While it highlights customer service, borrowers should pay close attention to potential… Read more
With its headquarters in Fall River, Massachusetts, this historic bank provides mortgage products to customers in the region. While it maintains a strong community presence, borrowers… Read more
Headquartered in Modesto, California, Valley First Credit Union serves members throughout the Central Valley. While credit unions typically offer favorable loan terms, homebuyers should still be… Read more
Utah Community Federal Credit Union is all about that member-first mindset. They offer a range of mortgage products with competitive rates, blending the benefits of a… Read more
Based in Warren, Ohio, Seven Seventeen Credit Union provides a range of home loan options to its members. Though it offers competitive rates, borrowers should be… Read more
Headquartered in Bangor, Maine, this regional bank provides mortgage products tailored to homebuyers in New England. While Bangor Savings Bank emphasizes personalized service, customers should review… Read more
Based in Lubbock, Texas, Alliance Credit Union offers home loans and a range of financial services to its members. As with many credit unions, Alliance Credit… Read more
Based in Long Island City, New York, this credit union primarily serves employees of the United Nations and their families. While credit unions tend to offer… Read more
This community-focused bank, based in Brookfield, Wisconsin, offers mortgage services with a personalized touch. However, borrowers should be aware that mortgage loans may include fees for… Read more