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What’s Ahead For Mortgage Rates This Week – January 2nd, 2024

What’s Ahead For Mortgage Rates This Week – January 2nd, 2024

by Mark Maldonado | Jan 2, 2024 | Financial Reports

With the New Year, the final week only featured the normal reports of Jobless Claims, S&P Shiller Home Price Index (YoY), and the Chicago Business Barometer. All of them will have limited impact compared to the GDP and the Inflation data reports that have already...
Mortgage Rate Locks: When and How to Secure the Best Rate

Mortgage Rate Locks: When and How to Secure the Best Rate

by Mark Maldonado | Dec 29, 2023 | Mortgage Rates

Rate locks play a crucial role in the mortgage application process, helping borrowers secure a favorable interest rate for their home loan. Here’s an explanation of the importance of rate locks and when and how to secure the best rate: Interest Rate Protection:...
The Advantages And Disadvantages Of Using Online Mortgage Lenders

The Advantages And Disadvantages Of Using Online Mortgage Lenders

by Mark Maldonado | Dec 28, 2023 | Home Mortgage Tips

Using online mortgage lenders can offer several advantages and disadvantages compared to traditional brick-and-mortar lenders. It’s important to weigh these factors based on your individual preferences, needs, and financial situation. Here’s a breakdown of...
A Deep Dive into Mortgage and Tax Facts

A Deep Dive into Mortgage and Tax Facts

by Mark Maldonado | Dec 27, 2023 | Home Mortgage Tips

Owning a home is a significant milestone that comes with a multitude of financial considerations. Beyond the pride of homeownership, there are substantial tax benefits and deductions available to those who embark on this journey. We will explore key facts about...
What’s Ahead For Mortgage Rates This Week – December 26, 2023

What’s Ahead For Mortgage Rates This Week – December 26, 2023

by Mark Maldonado | Dec 26, 2023 | Financial Reports

The final release of the GDP figures are the last large releases of the year before moving into Q1 of 2024, with the GDP report showing the economy had shown growth — particularly in Q3 with it tapering off by the end of the year. While the growth had been...
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Federal Hill Mortgage Company, LLC is a broker and lender licensed in MD, DE, PA, VA, DC, NC & TX.

Company NMLS #176351. Equal housing lender.

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