Mortgage Rates: Past, Present, and Possible Future

September 13, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

Selling Your Half of a Jointly-owned Home? Here's What You Need to Know

September 12, 2023 by First Federal Bank

There are many factors to consider when it comes to selling your home, and if you own your home with someone else the details involved can be even more confusing. If you're wading into your co-ownership options and are curious about your next steps, here's a short list of some things to think about.Buyout: Selling Your HalfIf you own your home...

Topics: Homeowners, Mortgages / Home Equity

Financial Mistakes to Avoid When Closing on a House

September 08, 2023 by First Federal Bank

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...

Topics: Homeowners, Mortgages / Home Equity

Gen Z: The Next Generation Is Making Moves in the Housing Market

August 31, 2023 by First Federal Bank

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...

Topics: Mortgages / Home Equity

Explaining Today’s Mortgage Rates

July 28, 2023 by First Federal Bank

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.  

Topics: Mortgages / Home Equity

Americans Still View Homeownership as the American Dream

July 14, 2023 by First Federal Bank

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.

Topics: Mortgages / Home Equity

Prepare for Success with This Moving Checklist

July 14, 2023 by First Federal Bank

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...

Topics: Homeowners, Mortgages / Home Equity

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

June 29, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

Financing a Mobile or Manufactured Home

June 16, 2023 by First Federal Bank

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...

Topics: Homeowners, Mortgages / Home Equity

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

May 31, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

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