The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

When You Should Rent and Not Buy a House

By Scott Sheldon / November 3, 2026

Buying a home can build long-term wealth, but not every buyer should purchase right now. Learn when renting may make more financial sense, including career changes, short moves, limited savings, high debt, and a stretched monthly budget.

Should You Buy a Home Now Or Wait for Lower Rates in 2025?

By Scott Sheldon / April 10, 2025

Should you Buy a Home Now at 6.5% to 7% Interest, or Wait? Let’s address the elephant in the room: mortgage interest rates. If you’re asking, “Are rates going to drop soon, or should I buy now at 6.5–7%?” you’re not alone. This question is everywhere right now, and honestly—it’s a fair one. Rates have…