The 9 Things to Consider When Buying a Rental Property 

The 9 Things to Consider When Buying a Rental Property 

Post It’s no secret that buying a rental property can be an excellent investment. If you ask a successful investor what’s in their portfolio, there’s a good chance that it’s at least partially comprised of real estate assets.   Many people are…
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First Heritage Mortgage Announces Bethesda Branch Relocation

Post First Heritage Mortgage Announces Bethesda Branch Relocation BETHESDA, MD – First Heritage Mortgage, LLC (FHM) announced the move of its Bethesda branch (Branch NMLS ID #128520) to a new location. The branch is now located at 6710-A Rockledge Drive, Suite…
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FHFA Announces New Conforming Loan Limits for 2023

The Federal Housing Finance Agency (FHFA) recently announced new loan limits for 2023, which will provide more flexibility to homebuyers in high-cost areas. These are known as conforming loan limits.  The baseline conforming loan limit for a single-family home increased…
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First Heritage Mortgage Opens New Branch in Charlotte, North Carolina

First Heritage Mortgage Opens New Branch in Charlotte, North Carolina CHARLOTTE, NC ­­– First Heritage Mortgage continues to grow its lending footprint in North Carolina with a new office in Charlotte (Branch NMLS ID #2456404). The North Carolina market is part of…
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Reasons Why We’re Not Headed For a Housing Market Crash

Post Post Sherry Riano, FHM Loan Officer, contributed to this article. There’s been a lot of concern from prospective home buyers and existing homeowners over the past several months. With inflation continuing to rise and interest rates headed in the same direction,…
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Should You Buy a House Now or Wait?

Post Even during the best economic times, it can be hard to feel fully confident in being ready to buy your first home. There’s a lot to consider. You want to make sure you have enough saved up for a down…
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First Heritage Mortgage Opens New Branch in Augusta, Georgia

First Heritage Mortgage Opens New Branch in Augusta, Georgia AUGUSTA, Ga. ­­– First Heritage Mortgage continues to grow its lending footprint in Georgia with a new office in Augusta (Branch NMLS ID #2429919). The Georgia market is part of FHM’s growth strategy…
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How Does the September Fed Rate Increase Impact Mortgages?

Post This is an updated version of our article How Does the Fed Rate Increase Affect Mortgages? Originally published in May 2022. In August, the Bureau of Labor Statistics reported that the Consumer Price Index measured year-over-year inflation at 8.3%. The…
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How a Recession Affects the Housing Market

Post Inflation has been in the news and on the minds of just about everyone throughout the past year. Now there’s a new concern emerging – the possibility of a recession. For some, the term recession evokes concern. You may be…
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First Heritage Mortgage Opens Second Branch in Charlottesville, Virginia

Post First Heritage Mortgage Opens Second Branch in Charlottesville, Virginia New Downtown Mall Office Opens to Better Serve Growing Needs of Customers in the Charlottesville Region FAIRFAX, Va. – First Heritage Mortgage, LLC (FHM), a leading independent mortgage lender, has announced…
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