The Truth About Mortgage Blog

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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! So what are you waiting for? Let's go! View all mortgage help topics to get started or check out the latest mortgage tips and news below.

Latest Posts

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 »

Offerpad: Sell Your Home in 10 Days Without Listing It

Offerpad: Sell Your Home in 10 Days Without Listing It
November 12, 2019 No Comments »

If you’re thinking about selling your home, you may have come across a company by the name of Offerpad. They are one of the original iBuyers, or instant buyers of homes, currently operating in a dozen metros nationwide. In short, ... Read More »

Don’t Be a Desperate Home Buyer

Don’t Be a Desperate Home Buyer
November 7, 2019 No Comments »

It’s no secret the housing market has softened in recent months. Homes are no longer flying off the shelves, and bidding wars are becoming less and less common. Instead of properties going way above asking, home sellers are delivering price ... Read More »

Apple Pledges $1 Billion in Mortgage Assistance to First-Time Home Buyers in California

Apple Pledges $1 Billion in Mortgage Assistance to First-Time Home Buyers in California
November 5, 2019 No Comments »

You know them for your computer, your phone, your TV streaming device, your TV programs (soon), maybe your credit card, and now possibly your mortgage too. No, it’s not quite the launch of Apple Mortgage some may have hoped for, ... Read More »

Divvy Homes Review: Rent Now, Buy Later

Divvy Homes Review: Rent Now, Buy Later
November 4, 2019 1 Comment »

Yet another disruptor, known as Divvy Homes, is out to change the rent-to-own space so more renters can become homeowners. Divvy says it’s like a lease, but unlike a typical lease, it’s designed to help you inch your way to ... Read More »

Are Closing Costs Included In a Mortgage?

Are Closing Costs Included In a Mortgage?
October 31, 2019 No Comments »

Mortgage Q&A: “Are closing costs included in a mortgage?” There seems to be a great deal of confusion when it comes to closing costs and mortgages, so let’s clear the air and make sense of it all. Simply put, home ... Read More »