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Choosing Between a Home Equity Loan and HELOC

Choosing Between a Home Equity Loan and HELOC

by Mark Maldonado | Apr 30, 2024 | Mortgage Tips

As a homeowner, tapping into your home equity can be a strategic financial move. Whether you’re renovating your house, consolidating debt, or covering major expenses, two popular options stand out: home equity loans and home equity lines of credit (HELOCs)....
What’s Ahead For Mortgage Rates This Week – April 29th, 2024

What’s Ahead For Mortgage Rates This Week – April 29th, 2024

by Mark Maldonado | Apr 29, 2024 | Financial Reports

At Wednesday’s meeting, the Federal Open Market Committee (FOMC) is widely expected to maintain the current federal funds rate target range of 5.25% to 5.50%. This decision comes amidst conflicting economic signals. Tailing that, there is the Chicago PMI,...
Making Homeownership a Reality: Exploring Affordable Housing Initiatives

Making Homeownership a Reality: Exploring Affordable Housing Initiatives

by Mark Maldonado | Apr 26, 2024 | Home Buyer Tips

In the realm of real estate, the dream of homeownership often feels like a distant horizon for many individuals and families. Skyrocketing property prices, coupled with stagnant wages, have created significant barriers to entry into the housing market. However, amidst...
A New Homebuyer’s Guide to Understanding Property Taxes

A New Homebuyer’s Guide to Understanding Property Taxes

by Mark Maldonado | Apr 25, 2024 | Mortgage

Purchasing a new home is an exciting milestone, but it also comes with various responsibilities, including understanding property taxes. Property taxes are a crucial aspect of homeownership, as they contribute to local government funding and services. In this guide,...
How Your Home Equity Can Help You Reach Your Retirement Goals

How Your Home Equity Can Help You Reach Your Retirement Goals

by Mark Maldonado | Apr 24, 2024 | Mortgage

If you plan on retiring soon, you are probably looking at a few options that can get you over the hump. You are probably excited to start a new phase of life. With a record number of people closing in on their retirement age, many are starting to assess their...
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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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