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A Q&A with Our Loan Officers on How COVID-19 is Impacting the Mortgage Industry
July 29, 2020
Now more than ever, we are living in uncertain and challenging times. COVID-19 has changed the way we live, work and play. To get a better understanding of how this pandemic has affected the mortgage industry, we interviewed a few of our Loan Officers from different regions including Heather Devoto from McLean, VA, Anne Borghesani… Read More
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A Q&A with Our Loan Officers on How COVID-19 is Impacting the Mortgage Industry
July 29, 2020
Now more than ever, we are living in uncertain and challenging times. COVID-19 has changed the way we live, work and play. To get a better understanding of how this pandemic has affected the mortgage industry, we interviewed a few of our Loan Officers from different regions including Heather Devoto from McLean, VA, Anne Borghesani… Read More
Mortgage Rates Fall Below 3%
July 24, 2020
Since 1971, Freddie Mac has released its weekly Primary Mortgage Market Survey which tracks average mortgage interest rates. On July 16, 2020, they announced that the average 30-year fixed-rate was just 2.98%, marking the first time in their nearly fifty years of reporting that rates have been below 3%. The 2.98% 30-year fixed-rate mortgage was… Read More
Home Office Small Space Solutions
July 17, 2020
Many of us are now working remotely, and finding the space for an office in your home can seem daunting. Fortunately, even the smallest of areas can be transformed into functional and attractive workspaces! Find your inspiration with these unique creative options for a small space. Closet Conversion Remove a door from a closet… Read More
When is the right time to buy your first home?
July 10, 2020
Purchasing your first home is an exciting adventure with plenty of benefits. Homeownership can provide valuable tax breaks and offers an opportunity to build equity rather than spending rent money with no potential return. It is also an important personal and long-term financial decision, so it makes sense to prepare ahead of time and be… Read More
5 Ways to Staycation at Your Home This Summer
July 2, 2020
While many areas of the country have begun reopening, we are still living in a pandemic and the CDC recommends distancing to take priority. Sadly, this means many of our summer vacations have been put on hold. But after months of being cooped up you may be looking for ways for change up the scenery… Read More
Low Housing Inventory Leads to an Increase in Bidding Wars
June 26, 2020
Many changes are facing home buyers currently house hunting during the Coronavirus pandemic. State and county restrictions directed towards protecting our health have led to new methods of interacting with realtors, loan officers, and home sellers. Virtual tours and meetings abound, and open houses are limited and require additional precautions. One of the most surprising… Read More
5 Tips for Moving During a Pandemic
June 12, 2020
Packing up and moving to a new home can feel overwhelming, but during the current global pandemic this feeling can be heightened with extra precautions to consider. Follow these 5 tips to make your move feel as safe as possible. 1. Decide whether to use a moving company With all of us trying to limit… Read More
First Home Mortgage Named a Top Mortgage Lender
June 5, 2020
The results are in! First Home Mortgage has been named one of Scotsman Guide’s Top Lenders of 2019! Scotsman Guide provides comprehensive and verified rankings of mortgage companies across the nation. We are honored to be recognized as a Top Lender and we thank our clients and partners for assisting us in achieving this huge… Read More
How Much Home Can You Afford?
May 22, 2020
Whether you are ready to achieve the dream of home ownership for the first time, or are selling your current home and making the move to a new property, understanding how much you can comfortably afford to spend on your new house is key. Important factors to consider are your down payment, and the total… Read More
Mortgage Calculators
May 15, 2020
Here at First Home Mortgage we strive to deliver excellent customer service from the start. We provide tools and resources to better prepare you for purchasing or refinancing your home. Whether you’re buying a home for the first time, you’ve purchased before, or you are refinancing, you will have questions and concerns. “What will my… Read More