March | 2015 | First Federal Bank Mortgage

31
Mar
2015

3 Huge Mortgage Mistakes Made by First-time Home Buyers – and How to Avoid Them

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As a first-time home buyer, you may actively be seeking out information about your upcoming purchase. Buying a home is a huge financial move to make, and it can impact your financial situation and even your lifestyle for many years to come.

30
Mar
2015

What’s Ahead For Mortgage Rates This Week – March 30, 2015

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Last week’s economic reports included reports on new and existing home sales and FHFA’s monthly home price index for properties associated with Fannie Mae and Freddie Mac mortgages. The details:

27
Mar
2015

Spring DIY Projects: How to Build a Treehouse That the Kids Will Love

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If you have children, no home is complete without a treehouse. Besides the fact that treehouses provide kids with hours of entertainment, they can also confer ancillary benefits that are hard to quantify. When building any type of treehouse, keep the following tips in mind.

26
Mar
2015

3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns – And Why You Should Provide Them

CBC National Bank Home Mortgage Tips 1 Comment

Typically, a mortgage lender will include a request for least the last two to three years of your income tax returns with this documentation. There are several reasons why a lender may need to review your tax returns and why you should provide requested documentation as soon it is requested.

25
Mar
2015

FHFA: Home Prices Rise 0.30 Percent in January

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The Federal Housing Finance Agency (FHFA) reported that home prices rose by a seasonally-adjusted rate of 0.30 percent in January, and were 5.10 percent higher as compared to home prices in January 2014. FHFA oversees Fannie Mae and Freddie Mac and its home price report is based on sales of homes financed by mortgages owned or backed by Fannie Mae and Freddie Mac.

24
Mar
2015

Considering a Reverse Mortgage Loan? Here’s What You Need to Know

CBC National Bank Home Mortgage Tips 0 Comment

If you are like many other seniors, you may not have a huge cash reserve available in your bank account, but you may have a sizable nest egg in your home. The fact is that you can tap into that equity without selling your home or taking on a mortgage payment when you apply for a reverse mortgage.

23
Mar
2015

What’s Ahead For Mortgage Rates This Week – March 23, 2015

CBC National Bank Market Outlook 0 Comment

Last week’s events included the National Association of Home Builder’s Housing Market Index, which fell to its lowest reading since last summer. Other news included reports on housing starts and building permits, the FOMC meeting statement and Fed Chair Janet Yellen’s press conference.

20
Mar
2015

Three Unique Upgrades That Will Drive Your Home’s Resale Price Through the Roof

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If you are a homeowner, you should always be thinking about ways that you can boost the resale value of your home. Whether you are planning on putting the home on the market, or simply want to be prepared for the future, there are upgrades that can make your property more desirable.

19
Mar
2015

FOMC Statement: Federal Reserve Discusses Rate Increase, But Concerned About Growth

CBC National Bank Market Outlook 0 Comment

The post-meeting statement of the Federal Reserve’s Federal Open Market Committee indicated that while the Fed is considering raising its target rate as early as June, the agency is in no hurry to cast anything in cement. The statement cited stronger labor markets and low unemployment rates as encouraging, but noted that FOMC members remain concerned about economic growth due to low inflation failing to meet the FOMC goal of two percent.

18
Mar
2015

Variable-rate vs. Fixed-rate Mortgages – Which is Better for Your Financial Situation?

CBC National Bank Mortgage Rates 0 Comment

If you are thinking about applying for a mortgage, it is important that you consider all of the options carefully and that you understand the key differences between them. Let’s compare variable-rate and fixed-rate mortgages to see which might be the best in your situation.

Month: March 2015

3 Huge Mortgage Mistakes Made by First-time Home Buyers – and How to Avoid Them

What’s Ahead For Mortgage Rates This Week – March 30, 2015

Spring DIY Projects: How to Build a Treehouse That the Kids Will Love

3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns – And Why You Should Provide Them

FHFA: Home Prices Rise 0.30 Percent in January

Considering a Reverse Mortgage Loan? Here’s What You Need to Know

What’s Ahead For Mortgage Rates This Week – March 23, 2015

Three Unique Upgrades That Will Drive Your Home’s Resale Price Through the Roof

FOMC Statement: Federal Reserve Discusses Rate Increase, But Concerned About Growth

Variable-rate vs. Fixed-rate Mortgages – Which is Better for Your Financial Situation?

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