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What’s Ahead For Mortgage Rates This Week – July 1st, 2024

What’s Ahead For Mortgage Rates This Week – July 1st, 2024

by Mark Maldonado | Jul 1, 2024 | Financial Reports

Following the release of key data such as the FOMC rate decision and CPI and PPI inflation reports, only the PCE Index reports remained to set the course, which are coming in well within expectations. The Consumer Confidence Report is also a significant concern since...
Understanding the Role of HUD in Regulating Mortgage Lending Practices

Understanding the Role of HUD in Regulating Mortgage Lending Practices

by Mark Maldonado | Jun 28, 2024 | Mortgage Application

With various regulations and guidelines to follow, it’s crucial to understand the role of the U.S. Department of Housing and Urban Development (HUD) in this landscape. HUD plays a vital role in regulating mortgage lending practices to ensure fair and equitable...
How Divorce Affects Mortgage Responsibilities: What Changes, Who is Responsible, and More

How Divorce Affects Mortgage Responsibilities: What Changes, Who is Responsible, and More

by Mark Maldonado | Jun 27, 2024 | Mortagage Tips

Divorce is a challenging life event that can significantly impact various aspects of your financial life, including your mortgage responsibilities. When couples decide to part ways, the fate of the family home and the associated mortgage often becomes a complex issue...
How Economic Trends Influence Mortgage Lending

How Economic Trends Influence Mortgage Lending

by Mark Maldonado | Jun 26, 2024 | Mortgage Rates

As a consumer, understanding these economic trends can empower you to make informed decisions about your mortgage. Let’s discuss some key economic factors that influence mortgage lending and what they mean for you. Interest Rates: The Pulse of Mortgage Lending...

Can Closing Costs Be Included in Your Loan? Here’s What You Need to Know

by Mark Maldonado | Jun 25, 2024 | Mortgage

When buying a home, many people are aware of the down payment but often overlook the additional costs that come with closing the deal. These expenses, known as closing costs, can sometimes catch buyers off guard. The good news is that, in certain circumstances,...
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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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