The Truth About Mortgage Blog

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Welcome to a warm, friendly, and most importantly unbiased place to learn about mortgages, ideally before you make contact with a real estate agent or lender. The more you know, the better you’ll feel, and hopefully all that hard work will help you snag a lower mortgage rate too! View all mortgage help topics to get started or check out the latest mortgage tips and news below.

Latest Posts

Reali Review: Buy and Sell a Home with a Flat Fee

Reali Review: Buy and Sell a Home with a Flat Fee
January 16, 2020 No Comments »

There’s yet another real estate and mortgage startup shaking things up called Reali, which like others in the space, is attempting to eliminate costly real estate commissions and lender fees. The San Mateo, CA-based company, which is pronounced “really,” charges ... Read More »

There Is No Mortgage Trick

There Is No Mortgage Trick
January 14, 2020 No Comments »

Over the years, I’ve seen tons of ads and articles about a so-called “mortgage trick,” only to click on the associated hyperlink and see nothing regarding any tricks. Talk about disappointing. For the record, I’m always interested to see what ... Read More »

Rocket Mortgage Becomes Official NFL Sponsor, Launches Super Bowl Squares Game

Rocket Mortgage Becomes Official NFL Sponsor, Launches Super Bowl Squares Game
January 9, 2020 No Comments »

If you’re into football squares, there’s a new game available via Rocket Mortgage by Quicken Loans related to them becoming an “official mortgage sponsor” of the NFL. The Rocket Mortgage Super Bowl Squares Sweepstakes, which the Detroit-based lender is calling ... Read More »

Mortgage Rates vs. a Potential War with Iran

Mortgage Rates vs. a Potential War with Iran
January 6, 2020 No Comments »

Well, it’s a new year and it certainly didn’t begin quietly. Might as well address the elephant in the room when it comes to your mortgage. This isn’t the first time I’ve discussed the possibility of war and its impact ... Read More »

2020 Real Estate and Mortgage Predictions

2020 Real Estate and Mortgage Predictions
December 30, 2019 No Comments »

Well, 2019 is set to come to a close. It’s certainly been an interesting year (and decade), surely one to remember. But now it’s time to look forward to what 2020 might bring with regard to the housing market, mortgages, ... Read More »

2020 Mortgage Rate Predictions: Expect Flat to Better

2020 Mortgage Rate Predictions: Expect Flat to Better
December 12, 2019 No Comments »

As 2019 wraps up, it’s time once again to consider what the future holds for mortgage rates. Looking back over the past 12 months, it was another great year for anyone looking to buy a home or refinance, at least ... Read More »

2020 FHA Loan Limits Rise Five Percent from a Year Earlier

2020 FHA Loan Limits Rise Five Percent from a Year Earlier
December 5, 2019 No Comments »

Another year, another increase in FHA loan limits, thanks to yet another rise in home prices. This is good news if you’re thinking about taking out an FHA loan, as you’ll likely be able to borrow a little bit more ... Read More »

When Are Mortgage Rates Lowest?

When Are Mortgage Rates Lowest?
December 4, 2019 No Comments »

We’re all looking for an angle, especially if it’ll save us some money. Whether it’s a stock market trend, a home price trend, or a mortgage rate trend, someone always claims to have unlocked the code. Unfortunately, it’s usually all ... Read More »

2020 Loan Limits Rise Above $500,000 for Conforming Mortgages

2020 Loan Limits Rise Above $500,000 for Conforming Mortgages
December 3, 2019 No Comments »

It’s that special time of the year again when the Federal Housing Finance Agency (FHFA) adjusts the conforming loan limit for the upcoming year. As expected, the loan limit is going up again thanks to another year-over-year increase in home ... Read More »

Use These Mortgage Charts to Easily Compare Rates

Use These Mortgage Charts to Easily Compare Rates
November 21, 2019 No Comments »

One of the things prospective home buyers and existing homeowners seem to care most about is mortgage rates. And for good reason – the interest rate you receive on your home loan dictates what you’ll pay each month, sometimes for ... Read More »