First Federal Bank Blog

The seller has accepted your offer and you’re ready to start closing on a new house — but that doesn’t mean you’ve reached the finish line yet. As you take all the necessary steps to finalize the purchase of your home, be sure to avoid these financial mistakes that could delay or even derail the closing process:Taking actions that affect your...

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning tohomeownership. According to the latestHome Buyers and Sellers Generational Trends Reportfrom theNational Association of Realtors(NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to...

If you’re followingmortgage ratesbecause you know they impact yourborrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard toforecast.  

Everyone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success, freedom, and prosperity. These are all things that owning a home can help provide.

Moving to a new place can be incredibly stressful. One way to make things a bit easier is making a comprehensive checklist that covers many aspects of your upcoming move. Donate or sell unneeded items Rather than paying movers to haul a ton of things you don’t use or need anymore, go through all of your possessions and donate what you can. You may...

It’s no secret housing costs have been on the rise, and many house hunters are on the lookout for affordable homes. Mobile and manufactured homes provide more space, privacy, and autonomy than many other housing arrangements, such as renting or living in an apartment — while costing much less than buying a conventional house. Here’s a look at some...

With housing prices at historic highs, many first-time homebuyers are considering Federal Housing Administration loans for their lower down payments and less-stringent credit requirements. Here’s what you need to know about qualifying for an FHA loan.

At First Federal Bank, we understand that many first-time home buyers face an additional challenge of having non-existent credit history. It’s important to remember that while your credit score may be limited, it doesn’t mean you can’t be trusted to repay a loan. We offer alternative loan options with flexible credit requirements to help those...