Mary K. Johnson, Sr. Loan Officer, First Rate Financial Gp

12/12/2022

By First Rate Financial GroupOn 12 Dec, 2022 Last week’s scheduled economic reports included preliminary monthly readings on inflation and consumer sentiment along with weekly reporting on mortgage rates and jobless claims. University of Michigan Reports Slower Inflationary Growth The University o...

04/11/2022

Just sharing some updated news ....we will see....

According to a new report from Redfin, a fast-growing share of home-sellers are dropping their price...

08/11/2021

Rates will be going up, rates are still great now so act now if you plan to refinance.

By Mary JohnsonOn 11 Aug, 2021 Mortgage rates are still low, but they are going up. This is creating a rush of people looking to buy homes before interest rates rise again. While it is difficult to predict when rates will go up again, it is hard for rates to go any lower. Homeowners and buyers nee...

08/06/2021

oh boy lets not go down this road again,

With the stimulus checks long ago spent, Americans have gone back to … Household Debt Charts Biggest Increase Since 2007 Read More »

06/28/2021

Always interesting to see what is in this weeks news on the market,

By Mary JohnsonOn 28 Jun, 2021 Last week’s economic reports included readings on sales of new and previously-owned homes.  Weekly readings on mortgage rates and jobless claims were also released. New Home Sales Fall in May New home sales dropped to their lowest reading in a year in May with 769,0...

05/18/2021

Each loan decision is always based on the individual needs of the client. We will look at each option.

By Mary JohnsonOn 18 May, 2021 One of the more common methods that home loan applicants use to find the best loan program available is to compare interest rates, but choosing the lowest rate possible is not always the best option available. In fact, in some cases, it may be one of the least advantag...

03/31/2021

Always good information to think about .

By Mary JohnsonOn 31 Mar, 2021 Being a homeowner is exciting. It can be financially rewarding, too. Unfortunately, it can also put you in a tough legal position. Between the complexities of owning a house, having to deal with lenders and the risk that comes from owning something valuable, keeping yo...

02/23/2021

Closing costs always an important topic! Call me if you have any questions or assistance in determining the best approach when purchasing or refinancing a home!
Happy Springtime on its way soon.

By Mary JohnsonOn 23 Feb, 2021 Spring is aproaching fast and it is usually the busiest time of the year for home buying. After a long and cold winter, many people are ready to enjoy the nicer weather and begin to shop for a new home. Spring is also the perfect time for home buying for families with....

02/12/2021

Mary is a Senior Loan Officer with First Rate Financial Group. She has been involved in the mortgage industry since 1986 and with First Rate Financial Group since 1995. Her goal is to always maintain a “client for life” with a personal touch approach in consulting her clients’ individual finan...

02/18/2020

By Mary JohnsonOn 18 Feb, 2020 Last week’s economic reporting included releases on inflation, retail sales, and consumer sentiment. Weekly readings on mortgage rates and first-time jobless claims were also released. Inflation Hits Highest Growth Pace Since 2018 Consumer staples including rent, pre...