First Federal Bank Blog

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.

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 ...

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:

If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these...

When it comes to a mortgage and the financial stability of your home, there's no such thing as too much you can know in the case of keeping your biggest investment safe. If you're looking at paying off debt and are considering using the equity in your home, here are a few things you'll need to know about refinancing your mortgage and home equity...

After you have completed the initial loan application and have signed the preliminary loan disclosures, your mortgage loan application will generally receive a preliminary prequalification. This prequalification will be based in large part on your ability to provide documentation to support your statements on your loan application, including your...

If you have a mortgage, you're probably looking for the best option to pay it off. Monthly mortgage payments are an easy-to-manage way to pay for your house- in fact, they're the most common form of mortgage payment  but now, many homeowners are discovering that biweekly payments offer them better results.

The real estate market is quite different from other markets and can be confusing for even the most experienced buyers and sellers. You will need the help of a real estate agent whether you are an experienced buyer or doing it for the first time. Even with the help of an agent, you can educate yourself on some of the basic elements of a real...

Buying a home is a huge step for people who are ready to make an investment in their future. Getting a great deal on a home is just as important and knowing how much to offer could be confusing. It is important to make sure the home seller is not insulted by the lowball offer and is ready to negotiate to make sure everyone wins.

Christmas is just around the corner, and if you're in a position to do it, paying off a family member's mortgage is one of the biggest gifts you could give this holiday season. A mortgage can be a heavy burden on a young homeowner, which is why paying it off is the ultimate act of charity. But when it comes to paying for someone else's mortgage,...