Millennials and Home Buying
According to the National Association of Home Builders, Millennials, those born in 1980 and later, are a large majority of the home buying market. In fact, 68 percent of Millennials are currently hoping to buy a single-family home. With Millennials currently numbering...
Boomers and Seniors and The Real Estate Choices They Make
When it comes to real estate, one’s generation will often dictate much of their real estate habits. From home size to location and even the type of home people are buying, a person’s generation plays a huge role in determining what type of home is right for their...
Tips to Help Make Your Move Easy and Safe
Trends in mortgage and real estate - experts are looking towards 2020 to see what is expected in the coming year. This past year brought low rates, high demand, and a small supply of available homes, with low priced homes being particularly hard to find. As we look...
This Thing Called Escrow
When you get a mortgage, your lender has a keen interest in ensuring you can pay all of the expenses related to your home. If you have a lien against your home because you failed to pay your tax bill or sewer bill, your lender stands to lose big. Many mortgage...
Purchasing and Owning a Vacation Home
Have you ever wished you could take off and go on vacation whenever the desire struck? Owning a vacation home gives you this freedom, and it can have excellent economic advantages as well. If you’ve been wondering about whether or not vacation homeownership is right...
How to Obtain Your Free Credit Report
Did you know you can get a free credit report? One of the first things you need to do when you start shopping for a home is to get a copy of your credit report. Your credit report gives you important insight into your financial health, and it will have a direct impact...
Why a Home Inspection Can Save You Money
For home buyers, a home inspection can feel like just another expense to add to a growing list of costs to close on the home. Yet failing to have the inspection can be a costly mistake. In fact, your home inspection could end up saving you money in the long run. If...
Factors That Influence Mortgage Interest Rates
There are many factors that influence mortgage interest rates. Home mortgages have many cost factors for you to consider, but the interest rate is one of the biggest. Of the life of the loan, your interest rate has the biggest impact on the amount you spend on your...
Empty Nesters and the Benefits of Downsizing
According to recent data, the average size of homes in America is shrinking. Where in 2015, the average size of single-family homes was 2,500 square feet; in 2018, that average dropped to 2,320. Though that is not a huge drop, it shows that more and more people are...
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This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia Residential Mortgage Licensee (Lic. #23135), Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.