The Pros and Cons of Refinancing Your Mortgage

April 04, 2022 by First Federal Bank

When interest rates dip lower than your current rate, you might be tempted to refinance your mortgage. After all, lower interest rates should equal lower monthly payments. This means you could have more room in your budget while still paying on your home. Refinancing, however, is a serious financial decision and should be based on several...

Topics: Mortgage Lending, Home Owners

Case-Shiller Home Price Indices: Home Prices Grow at a Near-Record Pace

March 30, 2022 by First Federal Bank

U.S home prices grew at a near-record pace in January according to the National S&P Case-Shiller Home Price Index; year-over-year home prices rose by 19.20 percent in January as compared to December’s reading of 18.90 percent. Home prices rose 1.80 percent on a month-to-month basis from December to January.

Topics: Mortgage Lending

Homeownership a Key to Building Wealth

March 29, 2022 by First Federal Bank

Topics: Mortgage Lending

With Mortgage Rates Climbing, Now’s the Time To Act

January 27, 2022 by First Federal Bank

Topics: Mortgage Lending, Social Media

Conforming Loan Limits explained

December 03, 2021 by First Federal Bank

Topics: Mortgage Lending

Is 20 Percent Down Necessary?

November 10, 2021 by First Federal Bank

Purchasing a home is a major decision, and it could be the most expensive financial transaction somebody ever makes. Therefore, it is important to get this right. One of the biggest hurdles for a new homeowner is coming up with enough money for the down payment. A lot of people believe they require 20 percent down to purchase a home. Saving this...

Topics: Mortgage Lending

Applying For A Mortgage? 3 Easy Ways To Make The Process Easier

November 09, 2021 by First Federal Bank

There are more than enough details involved in getting a mortgage and moving into your own home that you’ll want to know how to make the process as seamless as possible beforehand. However, there’s a chance you might not be aware of the things you can do to make it a little easier on yourself. If you’re currently looking for a home and are...

Topics: Mortgage Lending

Important Relationships During The Home Buying Process

November 08, 2021 by First Federal Bank

Purchasing a home is an exciting time, but there is also a lot to manage. There are a lot of text messages, phone calls, and emails coming in. It is important for potential homeowners to keep them straight. Who are some of the most important people during the purchase process?

Topics: Mortgage Lending

Are You Ready to Own a Home?

September 01, 2021 by First Federal Bank

Owning a home is a large part of adulthood for many, but it can be daunting to think of everything that comes with the process of becoming a homeowner. From being financially stable, to accounting for possible emergencies, there are certain things to be aware of when it comes to purchasing a new house.

Topics: Mortgage Lending, First Home, Home Owners, Family

Building Your Home's Curb Appeal

July 12, 2021 by First Federal Bank

With the real estate market on fire, you might be considering selling your home. As the saying goes, first impressions are everything. The curb appeal of your home sets a clear standard of excellence. If you feel like your property could stand to pop a bit more, building curb appeal can be easy, affordable, and well worth the effort.

Topics: Mortgage Lending, Home Owners

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