The Truth About Mortgage Blog
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
Figure Review: The Fastest Way to Tap Home Equity?
I received a letter in the mail the other day from a fintech company called “Figure” that claims it can approve me for a home equity line of credit (HELOC) online in five minutes. Better yet, they can fund the ... Read More »
Sometimes It’s Actually Better to Choose the Higher Mortgage Rate
With mortgage rates approaching all-time lows once again, there might be the temptation to snag a 30-year fixed at say 2.875%, or 2.99% if a lender offers a promotional rate. The same might be true of any home loan product, ... Read More »
Credible Mortgage Review: An Online Mortgage Broker Owned by Fox
There are lots of different ways to get a mortgage these days – you can walk into a physical bank branch, call a mortgage broker, or even start a loan application on your smartphone. While the mortgage broker model isn’t ... Read More »
Buying a Home in 2020? 11 Tips to Get It Done!
If you’ve yet to enter the housing market, but are thinking of buying a home in 2020, there’s a lot you need to know. As I once pointed out, this isn’t your older sibling’s housing market. Not just anyone can ... Read More »
Don’t Take Out a Mortgage to Buy Super Bowl Tickets
I came across a new partnership between ticket marketplace Stubhub and fintech company Affirm that lets you pay for purchases over time. They launched the new payment option “just in time for the Super Bowl,” per a company press release ... Read More »
Third Federal Mortgage Review: Is Their Smart Rate Right for You?
If you’re like me, you’ve received lots of mailers from a bank called “Third Federal Savings & Loan,” promising a low rate mortgage with very few fees. After maybe the 10th piece of mail from them came through my mailbox, ... Read More »
Are Home Prices Going to Surge in 2020?
It’s a new year, and with that comes old questions, like will mortgage rates go up or down in 2020? And will home prices rise or fall? Well, a few months ago, you would have probably thought the answer to ... Read More »
Reali Review: Buy and Sell a Home with a Flat Fee
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 »
Quicken Loans Review: Should You Get Your Home Loan from the Top Mortgage Lender in the Country?
If you’re looking to buy a home, or refinance an existing home loan you already have, you will undoubtedly come across Quicken Loans during your search. They are at times the largest mortgage lender in the United States (when only ... Read More »
There Is No Mortgage Trick
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 »
