Worried About Mortgage Rates? Focus on What You Can Control

June 21, 2024 by First Federal Bank

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.

Topics: Mortgages / Home Equity

Savings Strategies Every First-Time Homebuyer Needs To Know

June 14, 2024 by First Federal Bank

If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more.

Topics: Mortgages / Home Equity

More Than a House: The Emotional Benefits of Homeownership

June 10, 2024 by First Federal Bank

With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.

Topics: Mortgages / Home Equity

The Biggest Mistakes Buyers Are Making Today

May 31, 2024 by First Federal Bank

Buyers face challenges in anymarket– and today’s is no different. With highermortgage ratesand risingprices, plus the limited supply ofhomes for sale, there’s a lot to consider.

Topics: Mortgages / Home Equity

Worried About Home Maintenance Costs? Consider This

May 24, 2024 by First Federal Bank

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner).

Topics: Mortgages / Home Equity

Tips for Younger Homebuyers: How To Make Your Dream a Reality

May 17, 2024 by First Federal Bank

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you.

Topics: Mortgages / Home Equity

The Perks of Buying Over Renting

May 10, 2024 by First Federal Bank

Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place.

Topics: Mortgages / Home Equity

Ready to Make Your Move?

May 03, 2024 by First Federal Bank

Are you considering purchasing or refinancing a home? If so, you're in luck! We offer a convenient and seamless process for those who are looking to make a big move into homeownership, or save money by refinancing their current mortgage.

Topics: Mortgages / Home Equity

Don’t Let Your Student Loans Delay Your Homeownership Plans

April 26, 2024 by First Federal Bank

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers...

Topics: Mortgages / Home Equity

Navigating the Mortgage Loan Process: Do's and Don'ts

April 19, 2024 by First Federal Bank

Obtaining a new mortgage loan can be an exciting yet overwhelming process. With so many options available, it's important to make informed decisions to ensure you are getting the best deal possible. At First Federal Bank, we want to help you navigate the mortgage loan process with ease. Here are some do's and don'ts to keep in mind when applying...

Topics: Mortgages / Home Equity

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