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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![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
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![Want a lower rate? Here’s when you can refinance your home]()
Want a lower rate? Here’s when you can refinance your home
The best time to refinance your home depends on a combination of personal factors and market conditions. Here are some key indicators that it might be… Read more
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![Wait… I can use my 401(k) to buy a house?]()
Wait… I can use my 401(k) to buy a house?
Yes, you can tap into your 401(k) to buy a house, but it’s not something to jump into lightly. There are some real trade-offs you should… Read more
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![Why the Fed doesn’t actually change your mortgage rates]()
Why the Fed doesn’t actually change your mortgage rates
Reading this title, you might be thinking, “What? The Fed doesn’t change my rates? Yeah, right!” And that’s totally fair—it’s hard to ignore the constant buzz… Read more
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![Will mortgage interest rates go down?]()
Will mortgage interest rates go down?
Here’s the scoop: Interest rates are always on the move, which can make it tricky to figure out the right time to lock in a mortgage… Read more
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![What is a physician mortgage loan?]()
What is a physician mortgage loan?
A physician mortgage loan is a type of mortgage intended for doctors and similar high-income medical professionals. It is designed to accommodate their financial circumstances, often… Read more
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![HOAs: the good the bad the ugly]()
HOAs: the good the bad the ugly
If you’re eyeing a neighborhood with well-manicured lawns and pristine amenities, chances are it’s run by an HOA — homeowners association. Basically, it’s a group of… Read more
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![What exactly is a remote closer in mortgage?]()
What exactly is a remote closer in mortgage?
A remote closer (sometimes known as a mobile notary) handles the final steps of closing a mortgage deal, but they do it all virtually. They make… Read more
