Tomo

We knew that the mortgage industry was broken, and from day one our mission was to radically reduce the cost of buying a home. This is how we're doing it. ?? Start your home buying journey here ???? https://tomo.com/mortgage/ #WeAreTomo #Mortgage #RealEstate

Big insights from Emanuel Santa-Donato as he chats mortgage rate trends with Neil Pierson from HousingWire. ?? 30-year mortgage rates and 5-year Treasury yields have been moving in sync, reflecting market volatility. ?? The 15-year mortgage rate, which had been higher than the 30-year for months, just flipped back. ?? The odds of 30-year mortgage rates hitting 6% by year-end? Just 25%. We predict they'll stay pretty steady through 2025. Explore the full conversation here: https://lnkd.in/gtcxrZqx

Thrilled to announce that Tomo Mortgage topped Bankrate’s Best Online Mortgage Lender for 2025! This milestone validates our commitment to transforming the home financing journey. At Tomo, we believe the mortgage process should be transparent and seamless—anticipating our customers’ needs so they never have to ask. Thank you to our clients for trusting us along the way. We’re excited to continue redefining what a mortgage experience can be. Learn more about our approach: https://lnkd.in/gWNSQ6_v

Housing affordability remains a major challenge, and with no immediate rate cuts in sight, what’s the best move for homebuyers? ?? ?? “The best move now is to shop aggressively for the best mortgage rate rather than holding out savings in the form of a rate reduction,” - SVP Emanuel Santa-Donato Take a look at his insights here! https://lnkd.in/dUhTS4aJ ??

SVP, Sam Lanfear, sat down with Steve Marcinuk at KeyCrew | KeyCrew Journal to talk about Tomo’s rapid growth, the power of high-performance teams, and our data-driven system of “dynamic prioritization” that optimizes every customer interaction. “We are absolutely ruthless about giving clients the best pricing.” Read the full conversation here: ?? https://lnkd.in/dcX69G3R ????

Great to see CEO Greg Schwartz on Yahoo Finance, Wealth segment with host Brad Smith talking key tips for homebuyers navigating today's housing market. Watch the full interview here: https://lnkd.in/e9p9pZi2 ?? ??? ?? #housingmarket #homebuyingtips #YahooFinanceWealth

Buying a home is one of the biggest financial moves most Americans will make—and with today’s high rates and rising prices, finding ways to save can take a lot of the pressure off. CEO, Greg Schwartz, shares 5 smart, straightforward tips to help you save—whether you’re buying your first home or your fifth. ?? ?? ?? Read the full article here: https://lnkd.in/eUj5VfVM #HomeBuyingTips #SavingForAHome #Tomo

The Inman Power Players awards recognize the most innovative and influential executives in the real estate industry. We’re honored and (not totally surprised!?) to see Greg Schwartz on that list. Thank you Inman for the recognition! ?? ??

Today Emanuel Santa-Donato was featured in CBS News, sharing his insights on whether mortgage rates could drop below 6% in 2025. While Emanuel points out that a dip below 6% is unlikely based on historical trends, he also highlights the continued resilience of the U.S. economy. Thank you to Sharon Wu for the in-depth look at where rates might be headed this year, and for including Emanuel's perspective! ?? https://lnkd.in/g-373sSY

As we look into 2025, market consensus forecasts a slight drop in mortgage rates, from nearly 7% today to 6.5% by year-end. While the Federal Reserve is signaling two rate cuts, it’s important to remember that the Fed doesn’t directly control mortgage rates. At Tomo, we believe the market is overly optimistic in its mortgage rate forecast and expect rates to end the year close to where they are now: 6.875%. Key factors driving rates in 2025: ?The labor market: It continues to drive inflation and influence Fed policy, with no signs of slowing down. ?Fiscal and regulatory policy: These may have a bigger impact on mortgage rates than Fed policy. We’re watching: ?The potential for mass deportations, which could tighten a labor force just returning to balance. ?The inflationary impact of tariffs. ?The possibility of Fannie Mae and Freddie Mac exiting conservatorship, a major wildcard. The odds of rates dipping into the 6s are slim. Freddie Mac’s latest survey shows 30-year fixed rates at 6.91%, and historically, a drop of 0.91% or more has occurred only 25% of the time.