Blog

As a prospective homebuyer in today’s market, it’s important to have awareness of the different types of mortgages available in order to determine which is right for you. One particularly important distinction to understand is the difference between fixed-rate mortgages and adjustable-rate mortgages (ARMs). In this article, we’ll explore both of these mortgage options and […]

When faced with a competitive housing market and limited inventory to go around, it’s not uncommon for many buyers to feel like their options are extremely limited. After all, finding the perfect home that fits your budget, your current needs, and your plans for the future is no small task, even in the best buyer’s […]

Homebuying can be an exciting and rewarding experience. It can also be an extremely stressful and confusing one – especially if it’s your first time. As a first-time homebuyer, it’s perfectly natural to feel overwhelmed with questions about every step of the process. But don’t fret – we’ve got you covered! In this article, we’ll […]

We’ve got more great news to share! A new First Home Mortgage branch office just opened in Carroll County, Maryland, under the skilled leadership of Branch Sales Manager RL Kyker – one of the latest additions to our growing team! “Joining the team at First Home and having the honor of leading this new branch […]

It’s typically the first (and sometimes biggest) question prospective homebuyers find themselves asking before they enter the housing market. “How big does my down payment need to be?” The down payment is a critical component of the homebuying process, as it determines the initial financial commitment and impacts important factors like loan approval and interest […]

After a dynamic week in the market, we thought it would be helpful to share some key highlights. Let’s dive into the recent events and their impact on inflation, GDP growth, and interest rate expectations. GDP Surprise Yesterday, there was a significant selloff following the release of the Q1 GDP report. Gross Domestic Product (GDP) […]

Today, we are proud to announce that for the ninth consecutive year, First Home Mortgage has made the Scotsman Guide 2023 Top Mortgage Lenders! In the Top Overall Lenders category, First Home was ranked among the top 50 lenders – a prominent spot in a crowded field of some of the largest names in the […]

While it’s true that homebuying demand remains strong and housing prices have been trending higher for the last few years, some experts believe we’re headed for a buyer’s market before long. Whether that turns out to be true is up for debate, but no matter what market conditions look like, certain opportunities will always remain […]

Congratulations to all the college graduates out there as we kick off another graduation season! Whether you’re a recent grad, still in school, or you finished years ago, chances are high that you’re carrying some student loan debt. According to the Education Data Initiative, over 43 million Americans have student loan debt, with the average […]

As a community-focused residential lender, we pride ourselves in the strong relationships we’ve developed with our surrounding neighborhoods. Supporting these communities is a critical part of our identity, so in May, we launched Volunteer Week – an exciting new initiative to rally together in the spirit of giving back! During the week of May 15-19, […]

First Home Mortgage’s Columbia, Maryland office location is about to get a little bit bigger with the exciting addition of our newest branch manager, Jeff Modeski. Jeff is an experienced mortgage professional with more than 22 years of experience working for some of the best mortgage lenders in the industry – including First Home Mortgage! […]

Spring is in full swing and First Home Mortgage continues to grow and thrive with the addition of our newest branch location, opening soon in Gainesville, Virginia! Of course, an office is just a building, and it takes a team to really make things happen. That’s why we’re excited to announce that industry veteran extraordinaire […]