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When to Refi: How to Time Your Move for Maximum Savings

When to Refi: How to Time Your Move for Maximum Savings

by Mark Maldonado | Feb 21, 2024 | Home Mortgages

As with most everything, timing is often key to unlocking substantial savings, especially when it comes to refinancing your loans. Whether you’re eyeing a lower interest rate, aiming to shorten your loan term, or simply seeking to tap into equity, strategic...
What’s Ahead For Mortgage Rates This Week – February 20th, 2024

What’s Ahead For Mortgage Rates This Week – February 20th, 2024

by Mark Maldonado | Feb 20, 2024 | Financial Reports

Last week’s release of CPI and PPI resulted in slightly higher than expected inflation rates which led to speculation that the Federal Reserve’s decision to cut rates will likely come much further in the year than anticipated. There was some suspicion that...
Exploring Your First Mortgage? Discover Why a Condo Could Be Your Ideal First Home

Exploring Your First Mortgage? Discover Why a Condo Could Be Your Ideal First Home

by Mark Maldonado | Feb 16, 2024 | Home Mortgages

Are you considering taking the leap into homeownership, but feeling overwhelmed by the options? Purchasing your first home is an exciting milestone, but it can also be a daunting process. One option that may be particularly appealing for first-time homebuyers is a...
Why It’s Important  to have a Mortgage Pre-approval Letter and How to Get One

Why It’s Important to have a Mortgage Pre-approval Letter and How to Get One

by Mark Maldonado | Feb 15, 2024 | Mortgage Application

If you are thinking about buying a new home shortly, you may already be searching online to get a feel for the different types of homes available in the local area. You may have reviewed your budget, and you may have a fair idea about a sales price that is comfortable...
A Comprehensive Guide to Explaining Escrow Accounts

A Comprehensive Guide to Explaining Escrow Accounts

by Mark Maldonado | Feb 14, 2024 | Homebuyer Tips

Whether you’re a first-time homebuyer or a seasoned homeowner considering a refinance, the term “escrow account” often looms as a source of confusion. Yet, understanding the ins and outs of escrow accounts is crucial for managing your homeownership...
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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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