10 Steps to Getting Your Next Home

January 25, 2024 by First Federal Bank

While the prospect of finding a new home may be exhilarating, the mortgage process can prove to be a daunting task for many individuals. However, equipping yourself with the necessary knowledge of the required steps can greatly facilitate the process. After receiving an accepted offer on your desired property, it is vital to be aware of the...

Topics: Mortgages / Home Equity

Should You Still Buy a Home if You Still Have Student Loans?

January 19, 2024 by First Federal Bank

Few decisions are as significant as buying a home. It’s a milestone that many aspire to achieve, but the path to homeownership can be paved with financial challenges, particularly for those still grappling with student loans. Here are the factors you should consider when deciding to buy a home while managing student debt:Pros of buying a home...

Topics: Financial Education, Homeowners, Mortgages / Home Equity

3 Keys To Hitting Your Homeownership Goals in 2024

January 11, 2024 by First Federal Bank

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with a First Federal Bank Loan Officer to bring your homeownership vision for the new year into focus.

Topics: Mortgages / Home Equity

Essential Improvements to Make Before Listing Your House

January 05, 2024 by First Federal Bank
Are you thinking about selling your home? If so, you might want to put these improvements on your to-do list before you list it. Certain upgrades and projects can help your home shine in a sea of listings and attract numerous buyers to check out your abode. The more interest you can generate, the better the selling process will be!   ...

Topics: Homeowners, Mortgages / Home Equity

Get Ready To Buy a Home by Improving Your Credit Score

December 29, 2023 by First Federal Bank

As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.

Topics: Mortgages / Home Equity

Life-Changing Events That Move the Housing Market

November 27, 2023 by First Federal Bank

Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events,...

Topics: Mortgages / Home Equity

Affordable Homeownership Strategies for Gen Z

November 07, 2023 by First Federal Bank

The idea of owning a home has always been a big part of the American Dream. It's a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the "Zoomers" born between 1997 and 2012, making that dream a reality can feel like quite the challenge today with highermortgage ratesand risinghome prices.

Topics: Mortgages / Home Equity

Invest in Yourself by Owning a Home

October 26, 2023 by First Federal Bank

Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner.

Topics: Mortgages / Home Equity

How Does a Joint Mortgage Work?

October 13, 2023 by First Federal Bank

If you can’t afford a house on your own, or if you wish to purchase one together with a friend, a family member, or a partner, a joint mortgage could help you make homeownership a reality. Here’s a closer look at this financial tool and how it works:What is a joint mortgage?With a joint mortgage, two or more people can pool their resources and ...

Topics: Homeowners, Mortgages / Home Equity

Understanding the Benefits of Owning Your First Home

October 12, 2023 by First Federal Bank

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:

Topics: Mortgages / Home Equity

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