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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
This Washington-based credit union, headquartered in Tacoma, offers mortgage products to its members with competitive rates. However, while credit unions often have fewer fees than traditional… Read more
Based in Fairfield, New Jersey, Kearny Bank serves customers throughout the Northeast with residential and commercial lending products. Homebuyers should note that mortgage loans may include… Read more
Headquartered in Lowell, Massachusetts, Enterprise Bank and Trust Company provides mortgage options for homebuyers in the region. Though it emphasizes local service, borrowers should be aware… Read more
Also known as AimLoan, American Internet Mortgage is a San Diego, California-based lender that operates primarily online. They offer digital mortgage services nationwide. While its online… Read more
Headquartered in Westbury, New York, Jovia Financial Credit Union consistently ranks as a cost-effective option for homebuyers. With relatively low mortgage fees and strong interest rates,… Read more
UWCU isn’t just for students—they offer mortgages to a broader community. Based in Wisconsin, they focus on providing member-first service with competitive rates. They blend their… Read more
Commonly known as PenFed, this Virginia-based credit union serves military personnel, government employees, and their families. While PenFed offers competitive mortgage rates, borrowers should still verify… Read more
North State Bank, based in North Carolina, offers a range of mortgage products with a focus on personalized service. They might not be the biggest lender… Read more
With multiple locations throughout the Midwest, this community-focused bank offers mortgage products to homebuyers. While First Federal positions itself as a borrower-friendly institution, customers should confirm… Read more
With multiple locations throughout the Midwest, this community-focused bank offers mortgage products to homebuyers. While First Federal positions itself as a borrower-friendly institution, customers should confirm… Read more
Often referred to as DCU, this Marlborough, Massachusetts-based credit union consistently offers some of the best mortgage rates and lowest fees compared to national lenders. As… Read more
Telhio Credit Union, based in Ohio, offers mortgage products with a strong community focus. They’re a not-for-profit institution, which often means better rates and fewer fees. … Read more