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

How to Get Cash Out of Your Home in a Rising Rate Environment

How to Get Cash Out of Your Home in a Rising Rate Environment
September 27, 2018 No Comments »

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

Redfin Launches the Owner Estimate to Give Homeowners Control
September 26, 2018 No Comments »

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

The Largest Nonbank Home Purchase Lender in the Nation Is a Wholesaler
September 11, 2018 No Comments »

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

Quicken Launches Rocket Homes to Compete with Zillow and Redfin
September 11, 2018 No Comments »

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

Believing It’s a Seller’s Market Makes It a Seller’s Market
September 4, 2018 No Comments »

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

Borrowers Don’t Choose Mortgage Lenders for the Best Interest Rate
August 24, 2018 1 Comment »

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

5 Things Home Buyers Are Doing If They Haven’t Found a Property After 3 Months
August 14, 2018 No Comments »

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 »

Zillow Enters the Mortgage Originating Business

Zillow Enters the Mortgage Originating Business
August 6, 2018 No Comments »

In what seemed like a pretty inevitable move, Zillow has gotten into the mortgage originating business via its acquisition of Mortgage Lenders of America, which is expected to close in the fourth quarter of 2018. I say inevitable because just ... Read More »

Don’t Make the Mistake of Calling the Housing Top Too Early

Don’t Make the Mistake of Calling the Housing Top Too Early
August 2, 2018 No Comments »

It’s that time of year again, when we enter the housing doldrums and everyone in the industry begins to panic. Further exacerbating things this time around is the fact that mortgage interest rates are in uncharted territory. Yes, I’m being ... Read More »

Getting a Mortgage with a Gig Economy Job

Getting a Mortgage with a Gig Economy Job
July 25, 2018 No Comments »

If you’re one of many people out there who happens to bring in money from a so-called “gig economy” job, you might be wondering if such income can be used to obtain a home loan. Most mortgage lenders will verify ... Read More »