Kevin Walsh - First Home Mortgage

01/12/2023

Deciding whether to rent or buy relies on many factors. Factors that are part of the equation are the difference in monthly rent versus mortgage payment, home value appreciation, annual rent increases, the interest rate you will pay on your loan, your marginal tax rate, and the yield you might receive on savings. When looking at these factors, consider the present value of each option. The one with the lower present value will be the better financial choice. Reach out to discuss options that would best fit your situation today!

Depending on how fast prices and rents rise and how long you stay in your home, you may be better off renting rather than buying. Factors that are part of the equation are the difference in monthly rent versus mortgage payment, home value appreciation, annual rent increases, the interest rate you wi...

01/06/2023

Learn more about our Extended Rate Lock program in our latest blog! If you have any questions or are ready to get started in your homebuying journey, reach out today!

An extended rate lock is a mortgage loan option that allows home purchasers to “lock” in today’s interest rate.

01/01/2023

Have an awesome New Year!

01/01/2023

12/23/2022

Happy Holidays!

12/21/2022

Introducing First Home Heroes! With this new program, we recognize the heroes in our communities and thank them for their sacrifices. For more info and to see if you’re eligible to have your lending fees eliminated, check out our latest blog! https://bit.ly/3PHOAzw

12/14/2022

In continuing efforts to reduce inflation, the Federal Reserve has announced a .50% increase to interest rates - the lowest increase since June! To learn more and find out how the Fed's action can affect your homebuying process, check out our latest blog!

The Federal Reserve has just shared their perspective on the economy – so how does it impact your homebuying process? Today the Fed increased their target rates by .50%. Importantly, this doesn’t mean that prevailing mortgage rates increased overnight! In fact, average mortgage rates have actual...

12/02/2022

Today I have been spending the day with the awesome FHMC loan officers at the 2022 . It was great getting to see everyone, hearing about different updates and news in the industry. I even got to see Gary Williams who was the keynote speaker.

11/29/2022

New Conforming Loan Limits Are Here!
Effective today, homebuyers may now borrow up to $726,200 in most counties - contact our loan officers today to get pre-qualified! https://firsthome.com/new-conforming-loan-limits-are-here/

The results are in, and they could have an impact on your home buying journey. Effective today, homebuyers may now borrow up to $726,200 in most counties and up to $1,089,300 in higher-cost areas! The limit on conforming loans backed by Fannie Mae and Freddie Mac is assessed annually. In September,....

11/14/2022

Home inspections play a big role when purchasing a home. To ease some of the stress, here are some things to keep in mind to help during the home inspection process!

Home Inspections help buyers to identify any major issues with a home before closing. An inspector will evaluate the property and write up a list of major and minor repairs that need to be made. Without any penalties as a buyer, you are able to walk away from the purchase offer if there are major [....