Refinance | First Heritage Mortgage

16 2024 May

When is the Right Time to Refinance Your Mortgage?

When mortgage interest rates come down, many homeowners start to wonder if it makes sense for them to refinance. Your mortgage is most likely your...

22 2022 December

Your Home Equity – 3 Ways To Tap Into It and 4 Ways To Best Use It

In Partnership With Home equity is the difference between the current value of your home and the amount you owe on an outstanding mortgage. It...

31 2022 March

How Does the Fed Rate Hike Affect Homebuyers?

Earlier this month, Federal Reserve officials increased the federal funds rate by 0.25 percent, marking their first rate hike since 2018. You might be wondering...

27 2021 July

FHFA Eliminates Adverse Market Refinance Fee

Rates dropped to historic lows over the past year and a half, with many homeowners taking advantage of these market conditions and refinancing their mortgages....

08 2021 June

Fannie Mae and Freddie Mac Announce New Refinance Programs for Low-Income Families

Last year was exceptional for many reasons. For homeowners, an unexpected positive result of the pandemic was historically low interest rates. These low rates resulted...

25 2021 March

How You Can Avoid Private Mortgage Insurance

There are many fees associated with buying a house, from inspections to appraisals to insurance. Most buyers don’t want to spend more than they need...

18 2021 March

How Often Can You Refinance?

Have you questioned, “How many times can I refinance my home?” The short answer is that you can refinance your loan as many times as...

04 2020 December

Home Appraisals 101: What You Need to Know

Whether you’re buying a new home or refinancing your current property, an appraisal is an essential part of your mortgage process. Lenders typically require a...

25 2020 October

The Complete Guide to Your Mortgage Refinance

Does refinancing your home make sense for you? If you’re unsure, you’ve come to the right place. While many think the purpose of refinancing is...