--- title: Living in South Reno - News & Blogs | Mortgage description: Mortgage | --- [![Logo](https://blog.livinginsouthreno.com/hs-fs/hubfs/Logo.png?width=1500&height=500&name=Logo.png "Logo")](https://www.livinginsouthreno.com/) Open main menu Close main menu - [Buyers](https://www.livinginsouthreno.com/buyers) - [Sellers](https://www.livinginsouthreno.com/sellers) - [Current Listings](https://www.livinginsouthreno.com/current-listings) - [Contact Us](https://www.livinginsouthreno.com/contact-us) # Latest Real Estate Market News Posts about: ## Mortgage ![Physician Loans Pros and Cons text with image of male physician ](https://blog.livinginsouthreno.com/hubfs/Physician%20Loans%20Pros%20and%20Cons%20(2).png) ### [Physician Loans: 0% Down, No PMI...So What's the Catch?](https://blog.livinginsouthreno.com/physician-loans-0-down-no-pmi...so-whats-the-catch) Sep 29, 2026, 10:14:59 AM Physician loans can sound almost too good to be true. Depending on the program and borrower, a physician loan may let you buy a home with no down payment, avoid private mortgage insurance, and receive different treatment of student loan debt when qualifying. [Read More](https://blog.livinginsouthreno.com/physician-loans-0-down-no-pmi...so-whats-the-catch) ![VA Loans Top Questions Answered with image of femail miltiary person](https://blog.livinginsouthreno.com/hubfs/Copy%20of%20Salute%20to%20Veterans%20YouTube.png) ### [7 Things Every Veteran Should Know About VA Home Loans](https://blog.livinginsouthreno.com/7-things-every-veteran-should-know-about-va-home-loans) Aug 4, 2026, 9:45:00 AM For many veterans and active-duty service members, a **VA home loan** is one of the most valuable benefits they've earned. Yet despite its advantages, misconceptions about VA financing often prevent eligible buyers from taking full advantage of the program. If you've heard that VA loans are difficult to use, require a large down payment, or are less attractive to sellers, it's time to separate fact from fiction. [Read More](https://blog.livinginsouthreno.com/7-things-every-veteran-should-know-about-va-home-loans) ![Real estate market trends Reno/Sparks July 2026. Images of Ken Angst and Elena Boland](https://blog.livinginsouthreno.com/hubfs/June%202026%20Market%20Report%20(3).png) ### [Reno-Sparks Housing Market Update: June 2026 Market Hits New Record High](https://blog.livinginsouthreno.com/reno-sparks-housing-market-update-june-2026-market-hits-new-record-high) Jul 14, 2026, 1:15:00 PM If you've been wondering what's happening in the Reno-Sparks housing market, the latest numbers tell an interesting story. Despite mortgage rates remaining elevated, demand continues to outpace supply across much of Washoe County. Home prices reached another all-time high, inventory remains well below a balanced market, and well-priced homes are still attracting buyers quickly. [Read More](https://blog.livinginsouthreno.com/reno-sparks-housing-market-update-june-2026-market-hits-new-record-high) ![30 year vs 50 year loan with images fo Ken Angst and Neetha Gorla](https://blog.livinginsouthreno.com/hubfs/30%20vs%2050%20Year%20Loans%20YouTube.png) ### [Should You Consider a 50-Year Mortgage? Pros and Cons for Homebuyers in Reno–Sparks](https://blog.livinginsouthreno.com/should-you-consider-a-50-year-mortgage-pros-and-cons-for-homebuyers-in-reno-sparks) Dec 9, 2025, 3:44:59 PM Is a 50-year mortgage a smart way to buy your next home? Or is it a long-term financial risk? As housing prices rise and affordability becomes a bigger challenge, especially here in the Reno–Sparks market, conversations about extended mortgage terms are gaining traction. In our latest video, special guest and fellow Haute Properties Realtor Neetha Gorla and I break down everything you need to know about 50-year mortgages: who they’re designed for, how they compare to a traditional 30-year loan, and what the long-term impact could mean for your finances. [Read More](https://blog.livinginsouthreno.com/should-you-consider-a-50-year-mortgage-pros-and-cons-for-homebuyers-in-reno-sparks) ![Text November 2025 Real Estate Market Report Reno/Sparks with images of Neetha Gorla and Ken Angst, Haute Properties Realtors. Background image of Downtown Reno. ](https://blog.livinginsouthreno.com/hubfs/November%202025%20Market%20Report.png) ### [November 2025 Reno-Sparks Market Update + What 50-Year Mortgages Could Mean for You](https://blog.livinginsouthreno.com/november-2025-reno-sparks-market-update-what-50-year-mortgages-could-mean-for-you) Nov 18, 2025, 11:14:59 AM If you’re wondering what is really happening in the Reno–Sparks real estate market this November, you’re in the right place. This month, together with fellow Haute Properties Realtor Neetha Gorla, we break down the numbers, talk about whether it’s truly a buyer’s or seller’s market, and explore how a potential 50-year mortgage could reshape long-term affordability. 🎥 \*\*Watch the full video market update! ⬇️ [Read More](https://blog.livinginsouthreno.com/november-2025-reno-sparks-market-update-what-50-year-mortgages-could-mean-for-you) ![Text: Living in South Reno Neighborhood Tour. Photo of Cyan community street sign](https://blog.livinginsouthreno.com/hubfs/Copy%20of%20Neighborhood%20Tour%20-%20Monte%20Vista%20(1).png) ### [South Reno Real Estate Spotlight: The Cyan Neighborhood in Double Diamond Ranch](https://blog.livinginsouthreno.com/south-reno-real-estate-spotlight-the-cyan-neighborhood-in-double-diamond-ranch) Nov 11, 2025, 1:30:00 PM If you're looking for a residential community in South Reno that blends newer-construction convenience, outdoor access, and suburban comfort, the Cyan neighborhood in Double Diamond Ranch is well worth exploring. Here’s a deep dive into what makes Cyan special: its location, lifestyle, housing, amenities, schools, and things to keep in mind. [Read More](https://blog.livinginsouthreno.com/south-reno-real-estate-spotlight-the-cyan-neighborhood-in-double-diamond-ranch) ![May 2025 Real Estate Market Report Reno/Sparks. Images of Ken Angst and Stephanie Hanna](https://blog.livinginsouthreno.com/hubfs/Design.png) ### [Reno/Sparks Real Estate & Mortgage Update – April 2025](https://blog.livinginsouthreno.com/reno/sparks-real-estate-mortgage-update-april-2025) May 27, 2025, 11:15:00 AM If you’ve been keeping an eye on the Reno/Sparks housing market, you know that things are heating up! In my latest video podcast [Real Estate & Mortgage Update](https://youtu.be/dxKc39GGPeQ?si=NB_mAXtQErH1exTC), I teamed up with Stephanie Hanna, Certified Mortgage Advisor with Omega Mortgage Group, to break down the latest market data, lending trends, and what they mean for you—whether you’re buying, selling, or simply keeping tabs on the market.  [Read More](https://blog.livinginsouthreno.com/reno/sparks-real-estate-mortgage-update-april-2025) ![Miniature house with a calculator against a white background](https://blog.livinginsouthreno.com/hubfs/Miniature%20house%20with%20a%20calculator%20against%20a%20white%20background-3.jpeg) ### [Key Terms to Know for Mortgages and Loans](https://blog.livinginsouthreno.com/key-terms-to-know-for-mortgages-and-loans) Nov 26, 2024, 1:30:00 PM Whether you're a first-time homebuyer or an experienced player in the real estate market, understanding the landscape of home loans requires familiarity with several key factors. These include current interest rates, loan agreement details, and available loan options to suit your needs. In this blog post, we have put together a glossary of loan and lending terms to provide you with the foundational knowledge necessary for a smoother home-buying experience.  [Read More](https://blog.livinginsouthreno.com/key-terms-to-know-for-mortgages-and-loans) ![June market report for Reno/Sparks with images of Ken Angst and Elena Boland with Reno in background. ](https://blog.livinginsouthreno.com/hubfs/June%202024%20Market%20Report.png) ### [June 2024 Real Estate Market Report for Reno-Sparks](https://blog.livinginsouthreno.com/june-2024-real-estate-market-report-for-reno-sparks) Jun 18, 2024, 9:02:00 AM If you are looking to buy or sell in the current Reno-Saprks real estate market it's important to stay up-to-date on the current and often changing market conditions. In my latest podcast, I am joined by Elena Boland from Wholesale Mortgage to discuss the essential real estate trends from May 2024 and what that means going forward.  We cover key topics such as median home prices, current mortgage rates, and effective selling strategies. [Read More](https://blog.livinginsouthreno.com/june-2024-real-estate-market-report-for-reno-sparks) ![Miniature house with a calculator against a white background](https://blog.livinginsouthreno.com/hubfs/Miniature%20house%20with%20a%20calculator%20against%20a%20white%20background-3.jpeg) ### [Home Loan and Lending Terms to Know](https://blog.livinginsouthreno.com/home-loan-and-lending-terms) Apr 23, 2024, 1:15:00 PM Whether you're a first-time homebuyer or seasoned in the real estate game, navigating the terrain of home loans involves grasping various elements—from prevailing interest rates and contractual specifics to the array of loan options tailored to your needs. In this blog post, we've compiled a vital glossary of loan and lending terms to equip you with foundational knowledge for a smoother journey through the process of purchasing a new home. ##### Important Home Loan & Lending Terms **Term.**  Mortgages are generally available at 15-year, 20-year, or 30-year terms. In general, the longer the term, the lower the monthly payment. However, shorter terms mean you pay less interest over the life of the loan. **Fixed vs. adjustable interest rates.**  A fixed-rate allows you to lock in a low interest rate as long as you hold the mortgage and, in general, is a good choice if interest rates are low. An adjustable-rate mortgage (ARM) usually offers a lower rate that will rise as market rates increase. ARMs usually have a limit as to how much and how frequently the interest rate can be increased. These types of mortgages are a good choice when fixed interest rates are high or if you expect your income to grow significantly in the coming years. **Non-traditional mortgages.**  Also sometimes called “exotic,” these mortgage types were common in the run-up to the housing crisis, and often featured loans with low initial payments that increase over time. **Balloon mortgage.**  This is a form of non-traditional financing where your interest rate will be very low for a short period of time—often three to seven years. Payments usually only cover interest so the principal owed is not reduced. This type of loan may be a good choice if you think you will sell your home at a large profit in a few years.  **Government-backed loans.** These loans are sponsored by agencies such as the Federal Housing Administration or the Department of Veterans Affairs. They offer special terms, including reduced interest rates to qualified buyers. VA Loans are open to veterans, reservists, active-duty personnel, and surviving spouses and are one of the only options available for zero down payment loans. FHA loans are open to anyone, and while they do require a down payment, they can be as low as 3.5 percent. Drawbacks include a slower loan process and—for FHA loans—the need to pay mortgage insurance. ##### Be Sure to Do Your Homework As the housing market shifts, so do lending practices. A mortgage broker—an independent professional who acts as an intermediary between you and lending institutions—may be able to help you find a better rate than you can on your own. Also, be sure to shop around; slight variations in interest rates, loan amounts, and terms can significantly affect your monthly payment. It is important to do your research and understand what options are available for you. Many home buyers do not take the time to get prequalified for a new home loan. They also often do not take the time to shop around to find the best mortgage for their particular situation. It’s important to ask plenty of questions and make sure you understand the home loan process completely. You can learn even more about the process pre-approval process and what to expect [here](https://www.livinginsouthreno.com/preapproval). ##### More Helpful Resources If you would like to learn even more about lending and home loans, our local market, and the entire real estate process, we have many videos with local experts available. Just visit our [YouTube Channel](https://www.youtube.com/@KenAngst/videos) and be sure to subscribe to our channel for the latest real estate videos.  [Read More](https://blog.livinginsouthreno.com/home-loan-and-lending-terms) [1](https://blog.livinginsouthreno.com/tag/mortgage) [2](https://blog.livinginsouthreno.com/tag/mortgage/page/2) ### The Angst Real Estate Team ### Sign Up for Our Newsletter ![haute-properties\_angst-logo\_white@2x](https://blog.livinginsouthreno.com/hs-fs/hubfs/haute-properties_angst-logo_white@2x.png?width=248&height=150&name=haute-properties_angst-logo_white@2x.png "haute-properties_angst-logo_white@2x") Ken Angst REALTOR®, P.E. Nv Lic S.168655 Haute Properties NV 5470 Kietzke Lane, Suite 300 Reno, NV 89511 Email: [angstrealestateteam@gmail.com](mailto:angstrealestateteam@gmail.com) Cell: [(775) 525-0309](tel:+17755250309) **MLS® Disclaimer.** The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Nevada Regional Multiple Listing Service®. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Copyright 2022 of the Northern Nevada Regional Multiple Listing Service MLS. 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