1st Florida Mortgage

Understanding The Factors That Affect Mortgage Rates

Understanding The Factors That Affect Mortgage Rates

Life can be stressful, especially when your mortgage rates are high. Your mortgage rates are set when you first purchase your home. Although they may seem manageable at first glance, things may change once you get your first billing statement.  Many factors determine your mortgage rates. Some are within your control, and some are not. […]

How the Fed’s Interest Rate Hike Affects Your Mortgage

This week, the Federal Reserve raised interest rates for the third time in 2018. This quarter-percentage rate increase brought the federal funds rate into the target range of 2 – 2.25 percent. The committee sets monetary policy, primarily by raising or lowering the Fed’s target for the federal funds rate, which is used as the […]

Maximizing Your Appraisal

If you want to refinance your home and still take advantage of currently low interest rates, you’ll they have to get through a home appraisal, before landing a new 30-year fixed-rate mortgage. What do you do when the appraisal came back less than what you’re expecting, and too low to support the new loan? Low […]

Get Started - Quick Rate Quote

This field is for validation purposes and should be left unchanged.