Mortgages Rates check our site: br br It easier to buy a home by allowing you to shop for customized mortgage quotes without providing any personal information. Fill out the short form at the top of the page to get today's loan quotes quickly and anonymously. Then, compare offers by mortgage interest rate, APR, fees, monthly payment, and more without the hassle of unwanted phone calls or emails. br br What's a mortgage? br br Type of loan that is secured by real estate (i.e., the home you purchase). Unless you are paying cash for the home, you'll need a mortgage. br br You promise to pay back the lender (usually in monthly payments) in exchange for the money used to purchase the home. If you stop paying, you'll go into default, which means you've failed to meet the terms of the loan and the lender can take back the property (foreclosure).