This next section in the Customizer is commonly called either Homepage Settings or Static Front Page, based on the specific theme you're using. Once you navigate there, you will be able to change the main settings of the page that is displayed when a visitor comes to your home page—the main address of your website. You can set a couple of things here:
Once you go there, you will be able to choose between the default setting of Your latest posts (in this mode, the home page is just a classic listing of your latest blog posts; this is the default setting that you're probably used to) and a new setting labeled, A static page. That second one gives you the possibility to set whatever page you wish as the home page of your website. You can either select an existing page from the dropdown list under Homepage or create a new page by clicking on the + Add New Page link.
As you might recall from Chapter 4, Pages, Media, and Importing/Exporting Content, what we did there was create a new page and set it as the custom home page for the site. We called the page Home—quite fittingly. It's important to remember that any page that you assign as your home page still remains an otherwise normal page, meaning that you can edit it like any other page via the Pages section of wp-admin.
Apart from the Homepage, there's also another block here, labeled Posts page. If you change your home page to a static one, it's always a good idea to assign a new Posts page as well. Since the classic listing of your latest posts will no longer be displayed on the home page, the new Posts page is meant to handle this task from now on. As with the home page, you can select an existing page to serve as the new posts page, or create a new one.
In this case, however, it's actually more convenient to create a completely new page rather than picking an existing one. You can call yours BLOG or another similar name that conveys the page's purpose. What's interesting about this page is that you don't need to edit it manually or place any content on it. WordPress will populate this page with content on its own, so the only thing you need to do is just create it, and that's it.