Is It a Good Time To Buy a Home?
Are you wondering what’s going on with home prices? Mortgage rates? Or asking yourself if it’s even a good time to buy a home? It’s a big decision—and you don’t have to do it alone. That’s where your trusted local…
5 Spring Home Maintenance Tasks You Don’t Want To Forget
Spring is a season of renewal, and as a homeowner, it’s easy to get swept up in the day-to-day of life. But maintaining your home is an important part of protecting the long-term value of your investment.So, whether you own…
How to Get a Mortgage – Your Complete Guide to Home Financing
Understanding the mortgage process is crucial for homebuyers. A mortgage is a secured loan from a lender to purchase a home, with various types available, including conventional and government-backed loans like FHA, VA, and USDA loans. Key factors in qualifying…
How to Get a Lower Mortgage Rate in 2025 | #CityFirstMortgage
Research and compare mortgage lenders to find the best rates, as small differences can save thousands. A credit score of 740+ improves loan eligibility and secures lower mortgage interest rates.
Unexpected Mortgage Rates May Stall 2025 Sales | #CityFirstMortgage
A transformative 2025 housing market awaits with a 9% growth in home sales and rising demand. Just a 1% drop in mortgage rates could unlock homeownership for nearly 1 million new buyers.
Happy Valentine’s Day | #CityFirstMortgage
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s…
Bill providing one year of mortgage relief for L.A. fire victims moving forward
A smoky haze envelops Altadena as the Eaton fire smolders. Legislation, Assembly Bill 238, aims to provide one year of mortgage relief for victims of Los Angeles County fires, allowing borrowers to pause payments for up to 180 days without…
Getting a Sub-3% Mortgage in a 7% Market: How? | #CityFirstMortgage
Rates over 7% seem daunting, but assumable mortgages offer a potential workaround for buyers. ssumable mortgages let buyers take over existing loans with lower rates, typically government-backed (FHA, VA, USDA).
30-year mortgage rates
Prospective homebuyers are likely to face 30-year conventional mortgage rates above 7%, though experts predict a drop to around 6.40% by the end of 2024. Strategies to secure better rates include increasing down payments and comparing loan options. Inflation and…
2025 Mortgage Rate Unlikely to Hit 5%: Why? | #CityFirstMortgage
Experts initially expected rates to drop to 6% by 2024, moving into the mid-5% range by 2025. Recent mortgage rates have jumped back nears ~7%, with predictions showing rates in the mid-6% range.
