The Truth About Mortgage Blog
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
Sell Your House or Rent It Out?
If you already own some real estate, perhaps a house or a condo, and are looking to move on, you might ask yourself if it’s better to sell it or rent it out. This is an especially pertinent question when ... Read More »
10 Ways to Save Money on Your Next Mortgage
You’ve heard the news – mortgage rates surpassed 5% and don’t appear to be coming back down anytime soon. While that’s up for debate, the trend is clearly not your friend when it comes to securing a low interest rate ... Read More »
Allow Me to Introduce You to the 5% Mortgage Rate
For those new to the mortgage realm, the number five might feel a little foreign. You see, for the past seven years or even longer, the popular 30-year fixed mortgage has always been in the 3-4% range. Today though, mortgage ... Read More »
How to Get Cash Out of Your Home in a Rising Rate Environment
In a perfect world, you could tap into your home equity and lower your mortgage interest rate at the same time. But because interest rates rise and fall over time, this simply won’t always be the case for homeowners in ... Read More »
Redfin Launches the Owner Estimate to Give Homeowners Control
Are you sick and tired of your Redfin Estimate or Zillow Zestimate being too low? Do you feel your property is worth much, much more than they say it is? Well, I’ve got great news for you! Redfin has introduced ... Read More »
The Largest Nonbank Home Purchase Lender in the Nation Is a Wholesaler
Everyone wants to be #1 these days. I guess that’s no different than any other days, but the battle to be on top is growing more and more contentious, especially as overall home loan volume wanes. Rather surprisingly, a nonbank ... Read More »
Quicken Launches Rocket Homes to Compete with Zillow and Redfin
Following the recent trend of real estate and mortgage link-ups, Quicken has launched “Rocket Homes” to fill in the real estate gap and simultaneously compete with the likes of Zillow and Redfin. The company actually isn’t new, but is a ... Read More »
Believing It’s a Seller’s Market Makes It a Seller’s Market
There’s been a lot of talk lately about a shift from seller’s market to buyer’s market, what with home price gains beginning to moderate somewhat and mortgage interest rates on the rise. But it seems this has been more speculation ... Read More »
Borrowers Don’t Choose Mortgage Lenders for the Best Interest Rate
Conventional wisdom would lead us to believe that consumers go with the mortgage lender that offers the lowest interest rate. This appears to not be the case… In fact, it’s the least common reason why a borrower selects a particular ... Read More »
5 Things Home Buyers Are Doing If They Haven’t Found a Property After 3 Months
If you’re a prospective home buyer, life isn’t fun right now. The real estate market remains red hot (despite those headlines about it cooling) and quality properties are few and far between. Adding to this frustration is the notion that ... Read More »
