Craig Belmondo - VA MD DC - Fairway Independent Mortgage Corporation

Craig Belmondo - VA MD DC - Fairway Independent Mortgage Corporation Senior Loan Officer with 25 years of service to my clients! Our Mission! Our Pledge to You

We will continue to keep you informed throughout the process.

NMLS ID #366787 | Fairway Independent Mortgage Corporation NMLS ID # 2289 (www.nmlsconsumeraccess.org)
Equal Housing Opportunity
10304 Eaton Place Suite 100, Fairfax VA 22030 Making the Home Finance Process Easier and More Rewarding For Our Clients

The employees of McLean Mortgage have generations of experience in real estate and financing and this has enabled us to create a process that allows o

ur clients to experience a celebratory occasion as opposed to a sense of frustration about loan procedures. Many of our referrals come to us because they had been frustrated by the mortgage process in the past. Many times we find that this occurred because they did not understand the process and their mortgage institution did not communicate effectively with their clients. Our mission is to start educating and preparing our clients from the very start of the transaction. Our process will be compliant with the letter of the law and regulations that guide the industry. Yet, we will never lose sight of the fact that the goal is to help our clients achieve the American Dream of Homeownership while maintaining our commitment to making the process memorable for all the right reasons. And if you have a concern, we pledge to work hard to make you more at ease with the results. It Is Our Goal to Become Your Lender for Life. If we fund your purchase, we hope to be there if you desire to refinance your mortgage or purchase another home. If we fund your refinance, we want to make sure we are helping you achieve your financial goals by providing the best options for your individual financial needs. Our business is built on referrals and repeat customers. We understand that serving you is a privilege that we must earn and we pledge to work hard to earn your trust and confidence. We look forward to serving you!

Fed Rate Change today? No!
01/28/2026

Fed Rate Change today? No!

The Federal Reserve on Wednesday released its decision on interest rates.

hmmm.....think this has any impact on the current housing market???“The income needed to comfortably afford a home is up...
03/02/2024

hmmm.....think this has any impact on the current housing market???

“The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time,” wrote Anushna Prakash, an economic research data scientist at Zillow, in the report."

https://lnkd.in/eZZJJDpe

A new report from Zillow says American households need to make at least $106,536 to comfortably afford the typical priced U.S. home.

Source: Morning Brew Newsletter:No FED Interest Rate Cuts in the near term! "Interest rates probably won’t go down in Ma...
02/01/2024

Source: Morning Brew Newsletter:
No FED Interest Rate Cuts in the near term!

"Interest rates probably won’t go down in March.

Most investors were expecting the Federal Reserve to finally start cutting interest rates at its next meeting in March, but after its latest meeting concluded yesterday, Jerome Powell splashed cold water on that idea.

Speaking during a press conference, JPow explained that he doesn’t think it’s likely that the Fed will have reached “a level of confidence” that inflation has come down enough to start slashing rates that soon.

However, he at least said cuts were likely coming sometime this year.

Here are the 2024 Fed meetings: so if no cuts in March...may not see a rate cut until May 1st!!

Not surprising Fed kept rates unchanged today! And Powell gave no indication they would cut rates at their next (March) ...
02/01/2024

Not surprising Fed kept rates unchanged today! And Powell gave no indication they would cut rates at their next (March) meeting! He said they will continue to be “data dependent” when deciding what to do with rates.

The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.

According to William Shakespeare the real question is:"To Cut or Not to Cut" ... interest rates that is! We'll see what ...
01/30/2024

According to William Shakespeare the real question is:

"To Cut or Not to Cut" ... interest rates that is!

We'll see what the Fed's decision is on Wednesday at 2:00pm EST.

From Davos gathering here's Blackstone's Chairman's take on the matter....

The Federal Reserve is likely to leave the door open to a March rate cut this week without giving a decisive signal. Inflation has dropped rapidly.

Will we see the Fed execute an interest rate CUT in March? Lower December 2023 CORE CPE report this morning bodes well f...
01/26/2024

Will we see the Fed execute an interest rate CUT in March? Lower December 2023 CORE CPE report this morning bodes well for it??

Core PCE inflation undercut Wall Street forecasts.

Current state of affairs...
01/26/2024

Current state of affairs...

Dr King was spot on with this comment!
01/15/2024

Dr King was spot on with this comment!

Realtors!!!! Your buyers simply must have our Fairway Cash Guarantee to be competitive in today's home buying market! C...
01/14/2024

Realtors!!!!

Your buyers simply must have our Fairway Cash Guarantee to be competitive in today's home buying market! Call/text me: 703-408-3602 now!

Home buyers: ask your Realtors for our Cash Guarantee!

The Fairway Cash Guarantee™ gives homebuyers an edge in competitive markets, even when they're up against investors and all-cash offers.

Are you prepared to take advantage...I mean with the "Fairway Advantage"...of more homes for sale? Call/text me 703-408...
01/14/2024

Are you prepared to take advantage...I mean with the "Fairway Advantage"...of more homes for sale? Call/text me 703-408-3602 and I will arm you with our Advantage to be the successful bidder!

Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move.

Interesting ...take a listen!
01/12/2024

Interesting ...take a listen!

Barry Habib is my go-to for all things real estate. He is the recipient of three Crystal Ball Awards for the accuracy of his real estate market forecasts, a ...

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1034 Eaton Place, Suite 100
Fairfax, VA
20304

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