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Understanding Mortgage Payments and How to Calculate Them

Understanding Mortgage Payments and How to Calculate Them

by Mark Maldonado | Mar 5, 2025 | Mortagage Tips

Knowing how to calculate mortgage payments can help you plan for homeownership and budget effectively. Several factors determine your monthly payment, including the loan amount, interest rate, and loan term. Here’s a step-by-step guide to understanding the...
What You Need to Know About Refinancing a Reverse Mortgage

What You Need to Know About Refinancing a Reverse Mortgage

by Mark Maldonado | Mar 4, 2025 | Home Mortgages

If you have a reverse mortgage, you may be wondering whether refinancing is an option. The good news is that yes, you can refinance a reverse mortgage, and doing so may offer financial benefits depending on your situation. Here’s what you need to know about...
What’s Ahead For Mortgage Rates This Week – March 3rd, 2025

What’s Ahead For Mortgage Rates This Week – March 3rd, 2025

by Mark Maldonado | Mar 3, 2025 | Financial Reports

The PCE Index has aligned with expectations, and as the Federal Reserve’s preferred measure of inflation, it eases the sense of urgency for policy action. GDP data has also indicated continued economic growth, though this is tempered by future forecasts...
How the Purchase and Refinance Mortgage Process Works

How the Purchase and Refinance Mortgage Process Works

by Mark Maldonado | Feb 28, 2025 | Home Mortgage Tips

When it comes to home financing, purchasing and refinancing a mortgage share similarities but serve distinct purposes. Understanding how each process works can help you make informed decisions about homeownership and financial planning. The Purchase Mortgage Process...
The Key Details About Home Appraisals That You Might Not Know

The Key Details About Home Appraisals That You Might Not Know

by Mark Maldonado | Feb 27, 2025 | Home Mortgages

A home appraisal is a critical step in the buying, selling, or refinancing process, yet many people don’t fully understand how it works or what factors influence it. Whether you’re a buyer, seller, or homeowner looking to refinance, here are some key...
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Federal Hill Mortgage Company, LLC is a broker and lender licensed in MD, DE, PA, VA, DC, NC & FL.

Company NMLS #176351. Equal housing lender.

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