How Mortgages work in the United States by the Wall Street Journal. Home Mortgages 101. This covers all the basics for an industry that’s subject to a variety of factors that can influence interest rates and a person’s ability to qualify for financing. Fannie Mae and Freddie Mac could make changes to mortgages that surged to records during the pandemic more expensive.

Channel Drive Painting by Chris Potter

Share this:
Mark Danforth Lomas

Recent Posts

I Madonnari Festival returns Memorial Day Weekend!

Every Memorial Day weekend, our local slice of paradise does something incredible. The historic plaza…

1 day ago

Weekend Open Houses May 23rd & May 24th, 2026

Explore this weekend’s featured open houses across the South Coast. From coastal retreats to hillside…

2 days ago

Market Trends

The Volume Surge: Total sales in April jumped 22% year-over-year. After a slow start to…

1 week ago

Housing

We’ve all seen the headlines. The "1%," the billionaires, the exploding cost of living—and right…

1 week ago

Santa Barbara’s State Street

The Santa Barbara’s State Street Blues. It’s the first time in history a city might spend…

3 weeks ago

Private Listings vs. Pocket Listings

There's been a massive shift in the industry. As of early 2026, Compass has become a true…

4 weeks ago