• Pros and Cons of a 15 Year Mortgage
  • How to Set Up Automatic Recurring Mortgage Payments
  • Freddie Mac Projects Rising Rates
  • Comparing the Cost of Homeownership vs Renting
  • Home Prices Are Rising
Enterprise Post Temp 1200x630 1024x538 - Three Reasons Owning a Home is a Worthwhile Commitment

Three Reasons Owning a Home is a Worthwhile Commitment

After the housing bubble collapsed in 2008, many older millennials may have seen close friends or family experience financial stress. Therefore, it’s understandable why it may be difficult to make a commitment to homeownership. However, here are three good reasons why it makes sense to own your home rather than keep paying rent. Independence  When you own your own home, you make the rules. Pets, parties, guests, no problem. Owning…

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BLOG Millennials 1200x630 1024x538 - Study Reveals Many Millennials Ready to Buy First Home

Study Reveals Many Millennials Ready to Buy First Home

A joint mortgage readiness study conducted by Freddie Mac and Experian suggests that many of the 75 million U.S. Millennials (born between 1982 – 2000, according to the U.S. Census) are ready or near-ready to qualify for a mortgage. According to the study: 33 percent of Millennials have strong or moderate credit with an average income of $53,000. Also, for those with student loans, loan payments average just 4-7% of…

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im - Gen X Experiences a Boom in Home Equity

Gen X Experiences a Boom in Home Equity

According to a recent study, Gen Xers (those born between 1965 – 1983) experienced some of the biggest decreases in home equity during the great recession. However, nearly 10 years later, the median net worth of these same homeowners has risen by 115%. Based on an analysis of Federal Reserve data, the study finds that Gen Xers are the only generation of households to recover the wealth they lost during…

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Aug EnergyBill 1200x630 1024x538 - 5 Tips for Energy Savings this Summer

5 Tips for Energy Savings this Summer

Looking for ways to save this summer? Try these 5 tips: Maintain your central air conditioner on a regular basis and clean or replace filters to ensure optimal efficiency. Set your air conditioner thermostat as high as comfortable when you’re home. Use a smart thermostat to automatically adjust the temperature. Close your blinds and windows during the day and open them at night. This is a no-cost way to keep…

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Aug 27 blog 1200x630 1024x538 - Top 5 Home Remodeling Projects that Add Value

Top 5 Home Remodeling Projects that Add Value

You are living the dream of homeownership, but you want to make sure your home maintains that charm and comfort that attracted you to it in the first place. Well, the “Remodeling Impact Report” from the National Association of REALTORS® includes great information on the upgrades you should consider and what you may expect in return on investment. Here are the top 5 home remodeling projects with building equity in…

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Capture - Understanding Your Monthly Mortgage Statement

Understanding Your Monthly Mortgage Statement

Your billing statement has a great deal of information to help you understand your mortgage. To get acquainted with different parts of your mortgage statement, watch this informative video.  Looking for a little more detail? Read below for a more in-depth look at your mortgage statement. We’ve organized it by sections. Freedom Mortgage Contact Information This section of your mortgage statement provides contact information for our Customer Care team,…

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July appraisal1200x630 1024x538 - Why do I Need a Home Appraisal?

Why do I Need a Home Appraisal?

Let’s take a closer look at appraisals. When you find the home of your dreams and are ready to make an offer, your mortgage lender needs assurance that the place you are interested in is worth the money you wish to offer for it. This is where an Appraiser, usually a qualified 3rd party contractor, comes in. Style and Selling Points: The appraiser looks at the general design and architectural…

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FHMC news 1024x573 - Freedom Mortgage Reaches 1 Million-Borrower Milestone

Freedom Mortgage Reaches 1 Million-Borrower Milestone

Full-service mortgage banker to celebrate achievement at two-day Indiana festival Fishers, IN – June 28, 2018 – Freedom Mortgage, one of the nation’s largest full-service mortgage bankers and a leader in government-insured lending, will celebrate its one millionth borrower at a festival in Indiana later this month. The Spark!Fishers festival in Fishers, Indiana, will begin Friday evening, June 29 at Saxony Beach with a presentation honoring the company’s one-millionth customer,…

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15-year-mortgage-pros-cons

Pros and Cons of a 15 Year Mortgage

In the US, a 30-year fixed rate mortgage is standard. However, a 15-year fixed rate mortgage may be a smart way to save in interest. To help you figure out which type is best for you, we’ve compiled a short list of pros and cons.   Situations vary by individual, so it’s important to talk to an expert when deciding which loan is right for you. Contact us today to…

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IndyStar news 1024x573 - Freedom Mortgage Corporation is Named A Top Workplace in Indiana for Third Straight Year

Freedom Mortgage Corporation is Named A Top Workplace in Indiana for Third Straight Year

Indianapolis Star recognizes the company’s Fishers office as one of the area’s best places to work Mount Laurel, NJ – June 11, 2018 – Freedom Mortgage Corporation, a privately held, full-service mortgage lender licensed in all 50 states, announced that its Fishers, Indiana, facility has once again been awarded a 2018 Top Workplaces honor by The Indianapolis Star. The Top Workplaces awards are based solely on employee feedback gathered through a…

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