Mortgage: The Death Pledge
Mortgage: ‘mortuus’ meaning ‘dead’ and ‘gage’ meaning ‘pledge‘
Now that mortgage rates are the highest they’ve been since early 2025, the next logical question is how high will they go? How high do mortgage rates go this cycle? We’re currently averaging around 7.25%, so the next stop could be 7.50% and eventually 8%. For the record, 8% is...
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Published on: 2026-09-24
Source:
The Truth About Mortgage
Just when it appeared that mortgage rates were chipping away, they’re back to new highs. And not just any old highs, but the highest highs since President Trump took office for his second term. The bellwether 10-year bond yield surged higher today after a hot inflation report, rising nearly 20...
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Published on: 2026-09-23
Source:
The Truth About Mortgage
We offer no-income commercial loans to help investors purchase or refinance commercial real estate without documenting personal income or employment. Commercial Properties We Finance Our no-income commercial loan programs are available for many property types. Multifamily properties Mixed-use properties Industrial and warehouse buildings Office properties Retail stores and shopping properties...
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Published on: 2026-09-22
Source:
Mortgage Depot
Every day, we fret about small changes in mortgage rates, even if it amounts to just a handful of basis points. The 30-year fixed climbed from 7.17% to 7.22%! Oh no! Meanwhile, there are lenders out there offering the same loan for nearly one full percentage point higher. Some lenders...
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Published on: 2026-09-22
Source:
The Truth About Mortgage
The past month has been really rough for mortgage rates, but we could be near a top. The 30-year fixed has risen from around 6.875% in early August to 7.25% today. However, the move higher could be running out of steam given the big increase in such a short period...
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Published on: 2026-09-21
Source:
The Truth About Mortgage
Nathaniel Jackson is a dedicated Mortgage Loan Originator with a background in the mortgage industry, financial services, and client relations. His experience has given him a strong understanding of the mortgage process and the importance of providing borrowers with clear, reliable guidance from initial consultation through closing. Known for his...
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Published on: 2026-09-17
Source:
Mortgage Depot
Higher interest rates can make the first few years of homeownership more challenging. We offer temporary buydown options that can reduce a borrower’s mortgage rate and monthly payment during the first one or two years of the loan. Our 2-1 and 1-0 buydown programs are available with eligible conventional, FHA,...
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Published on: 2026-09-17
Source:
Mortgage Depot
Mortgage rates are lower today after the market finally digested the first Fed rate hike since 2023. The Federal Reserve hiked its short-term rate 0.25% yesterday, leading to a temporary drop in mortgage rates, followed by a snap back higher. That had a lot of folks fearing for the worst,...
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Published on: 2026-09-17
Source:
The Truth About Mortgage
The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like that so a ¼-point hike should be delivered as expected. The impact on mortgage rates is less...
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Published on: 2026-09-16
Source:
The Truth About Mortgage
Chase is back with another mortgage rate sale, something they’ve done several times over the past couple years. They don’t advertise the exact amount of the discount, but common knowledge says it’s 25 basis points (0.25%). So if the hypothetical rate offered were 7.125%, perhaps you can get a rate...
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Published on: 2026-09-15
Source:
The Truth About Mortgage
If you asked someone a year ago where mortgage rates would be today, my guess is they wouldn’t say one full percentage point higher. Yet here we are, with the 30-year fixed now almost exactly 100 basis points (1.00%) higher than it was last September. Today, prospective home buyers are...
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Published on: 2026-09-14
Source:
The Truth About Mortgage
It seemed inevitable that mortgage rates would rise back to 7%. Ever since the war broke out at the end of February, the pressure was on. The saving grace was that some sort of peace deal would come, and that it’d all be short-lived. Fast forward seven months and things...
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Published on: 2026-09-10
Source:
The Truth About Mortgage
What was once going well isn’t going so well today. I’m talking about mortgage rates, which had been at their best levels in years this spring. But are now around the highest levels since President Trump came into office in early 2025. While it’s not necessarily a President’s job to...
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Published on: 2026-09-09
Source:
The Truth About Mortgage
Mortgage rates have already had a rough couple of weeks. But it could get even worse if a pair of inflation reports come in hot later this week. We’ve got both the Producer Price Index (PPI) and Consumer Price Index (CPI) being released this week, with the potential to make...
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Published on: 2026-09-08
Source:
The Truth About Mortgage
Any hope of a trend reversal for mortgage rates seems to be DOA. A cooler-than-expected jobs report this morning could have taken the pressure off. But instead, it came in well above expectations, piling even more pain onto interest rates. It also increased the odds of a September Fed rate...
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Published on: 2026-09-04
Source:
The Truth About Mortgage
Mortgage Solutions Designed for Medical Professionals We work with many healthcare professionals who face a unique challenge when purchasing a home. Despite having strong income potential and stable careers, doctors, dentists, pharmacists, veterinarians, and other medical professionals often carry significant student loan debt. They may not have accumulated substantial savings...
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Published on: 2026-08-26
Source:
Mortgage Depot
Dillon John brings a strong background in the mortgage industry, financial markets, and mortgage-related technology to his role as a Mortgage Loan Originator. His experience includes working extensively with mortgage-backed securities and analyzing complex financial markets, giving him a deep understanding of the mortgage industry and the factors that impact...
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Published on: 2026-08-24
Source:
Mortgage Depot
Accessory Dwelling Units (ADUs) have become one of the most sought-after features of property. Whether it’s a detached guest house, a converted garage, a basement apartment, or another legally permitted living space, ADUs allow homeowners to generate rental income while increasing the overall value. Now, borrowers have even more reason...
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Published on: 2026-08-20
Source:
Mortgage Depot
MortgageDepot has been named to the 2026 Inc. 5000, the annual ranking of America’s fastest-growing private companies. This year’s recognition marks the company’s sixth appearance on the list. Published annually by Inc. magazine, the Inc. 5000 ranks privately held companies based on three years of revenue growth. Since its inception...
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Published on: 2026-08-11
Source:
Mortgage Depot
Our specialty is offering Home Equity Lines of Credit (HELOCs) for all types of borrowers: self-employed, unemployed, retired, investors, and any property owner who cannot go the conventional route. HELOCs Core Structure: 2, 3, or 5-year draw periods Interest-only payments for the first 10 years 20- or 30-year total loan terms Alt...
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Published on: 2026-08-05
Source:
Mortgage Depot
High-net-worth, self-employed borrowers often have difficulty obtaining mortgage financing. Being self-employed has its advantages and disadvantages. In this case, our self-employed borrowers have difficulty obtaining conventional financing, which carries cheaper rates. Still, our non-QM loan programs help these types of borrowers get the financing they need. It might be a quarter higher...
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Published on: 2026-07-29
Source:
Mortgage Depot