Wes Wilkes Mortgage Team

10/04/2022

Food for thought!

09/21/2022

The Federal Reserve just increased the Fed Funds rate .75%. What does that mean, and how does it impact the mortgage market? Here’s what you should know!

The Federal Reserve Influences Mortgage Rates, They Do Not Set Them. Many have the misconception that the Federal Reserve’s actions have a direct impact on mortgage rates. Many assume that if a mortgage was offered 6% this morning, it’s now 6.75% after this afternoon’s announcement. That isn’t the case, however. The Federal Reserve sets the rates banks charge each other, not the rates lenders offer borrowers. The Fed’s actions influence the overall rate environment; it doesn’t set those rates.

If you have any questions on how this impacts you in the current market please do not hesitate to reach out!

08/24/2022

Your friendly reminder!

Your Maryland Property Tax Bill has come in the mail, yes, this is normal but DO NOT PAY IT.....yet!

If you have a mortgage it is very likely it is escrowed and paid by your mortgage servicer. Check with your loan officer or mortgage servicer before sending anyone any money!! If you have any questions feel free to reach out!

07/05/2022

Crumbl Cookies Winner Announcement!

Sorry I didn’t do the drawing last Friday but the Holiday weekend was sneaky! I had 29 shares, I assigned each a number and ran through a number generator to pick our winners!

So the two winner of a 6 pack from Crumbl Cookies are:

Angie Hancock
&
Kaylee Burnett

I will be reaching out directly to arrange pickup!

06/27/2022

Real estate market got you down? How about a giveaway to lift you spirits!

Crumbl Cookies just opened in California so to celebrate I’ll be giving away (2) 6 packs of cookies of your choosing to two different people!

All you have to do to be entered is “Share” this post on your Facebook and have “liked” this page!

I’ll be choosing a winner this Friday so good luck!

06/09/2022

New income limits for USDA loans were released yesterday, and finally, St. Marys County has caught up to and is the same as all other surrounding Southern MD counties with all 3 seeing increases!

This is a no money down loan option that is income qualifying. If you were told in the past you do not qualify based on income or curious if this would work for you feel free to reach out today!

I can be reached at 301.752.2020 or [email protected]

02/10/2022

Still holding out for a “buyers market” to buy a home?St Louis Fed Chief wants to see rates increase by 1 full percent by the start of July!! Headlines like this alone were enough to cause rates to jump up again today….stop waiting if buying a home is in your plans in 2022!

10/14/2021

Hesitant to buy a home in the current market? You aren’t alone but things may be better “today” than you think!

10/07/2021

Are all interest rates built the same?! Is that ”online” lender really giving you the best “deal”?

09/04/2020

Afraid to refinance because it will “start over” your 30 years?

I have had multiple people take advantage of this current rate market by refinancing to a 15 or 20 year mortgage, shave years off their loan and often times still save money monthly.

Rates will not stay this low forever, don’t miss out!

Contact me today!

301.752.2080 I [email protected]

Shop for your new home loan or refinance an existing mortgage in Mechanicsville MD. We offer many lending options with great rates and exceptional service.

08/26/2020

Southern Maryland Dream Team....but I am partial!

Our First Home Mortgage Corporation Hollywood office is up next in our spotlight series. Meet Darren Rickwood, Branch Sales Manager, who has been in the mortgage financing and consulting industry since 2005. Wes Wilkes Mortgage Team has also been in the industry since 2005, and has a passion for assisting those looking to make one of the biggest financial decisions in their life. Taylor Gladu loves being able to help her clients find the perfect financing solution for their needs and goals. Arlene Dean with First Home Mortgage has over 17 years of professional experience and has helped hundreds of home buyers through the home financing process. And Jim Moran, Branch Manager, is an expert in residential loans. If you live in the Hollywood area and are looking to buy or refinance, contact any of these wonderful loan officers! https://firsthome.com/loan-officers/?branch=228.

08/12/2020

It’s that time of the year!

Homeowners will begin receiving their property tax bill in the mail!

⚠️ IF YOU ARE NOT SURE IF YOU PERSONALLY OWE DO NOT MAIL IN A PAYMENT⚠️

First check with your mortgage company or your mortgage loan officer to make sure your payment is being escrowed and paid by your mortgage servicer, traditionally this is how it’s paid.