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Your Profession May Offer Mortgage Savings

What you do for a living may inform discounts on mortgages. Dana Dratch at Bankrate has some information on job-related mortgage savings. Working as a teacher, firefighter, doctor, or lawyer—or whether you choose to live near where you work—could amount to substantial savings. You can learn more here.  

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Could There Be Another Housing Crisis?

Maryalene LaPonsie at U.S. News and World Report examines the plausibility of another housing bubble, and subsequent collapse. The short answer is, no—but, it’s worth a read here.  

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You Could Qualify for a Mortgage Reduction

The Federal Housing Finance Agency will be granting some borrowers the ability to reduce their mortgage debt. The desired outcome is that a portion of delinquent homeowners will be able to avoid foreclosure. Bankrate has an article with additional information, here.  

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Best U.S. Cities for Real Estate Investors

Diana Olick at CNBC shared a list of the top U.S. cities for real estate investors, and the results are surprising. Florida has more markets on the list than any other state, and Syracuse and Milwaukee were included for the first time. You can see the list and report, here.  

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The Truth About Strategic Mortgage Defaults

Federal Reserve economists along with academics at UCLA and Arizona State, spent some time researching strategic mortgage defaults in relation to the housing bust. Among the findings was proof that many who claimed to plan their default, were actually forced into non-payment. More here.  

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Housing Market Stagnant in Oil-Rich Towns

As homes in the U.S. are moving off the market this year more rapidly than in 2015, there are some areas that are not enjoying the same trend. The decrease in oil prices has kept homes in oil-rich areas for sale for an alarming amount of time. Among the affected cities are Houston, Oklahoma City,…

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Boost Your Retirement Income with Real Estate

U.S. News and World Report has an article about how real estate can diversify your investments, and generate more money during retirement. Of course, the rental income needs to cover the mortgage, insurance, taxes, upgrades, maintenance and repairs. The IRS Income Tax Schedule E, can help assess the profitability for an individual property. The article…

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Housing Shortage Hits the News Again

The number of Americans that plan to buy a home in the next six months is at historic levels. Job creation, and low interest rates have a rash of buyers looking for suitable homes to inhabit. Business Insider has a current piece on what’s happening and why here.  

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What Next After Your Mortgage is Paid Off?

The Washington Post, responding to a reader’s question, has some advice for what to do when your mortgage has been paid off. Apart from paying your property taxes, and making sure the lien the lender placed on your home when you bought it is removed, there’s not much of note to consider or plan for.…

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Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
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Dunkirk, MD 20754

Phone:
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This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.