Blog – Mark Feder

20 Nov 2024

Top 5 Mortgage Types for Homebuyers

Home Mortgage Tips

When you're preparing to buy a home, choosing the right mortgage is one of the most important decisions you’ll make. With so many options available, it can be challenging to know which type best suits your needs. Each mortgage type comes with unique advantages and understanding them can help you achieve your homeownership goals in a financially sustainable way. Below, we outlined the five of the most common mortgage types and how they differ. 1. Conventional Fixed-Rate MortgageOne of the most popular options for homebuyers, the conventional fixed-rate mortgage offers consistency and predictability. With this loan, the interest rate remains…

19 Nov 2024

By Mark Feder

Tips for a More Productive and Comfortable Home Office Space

Homeowner Tips

As remote work continues to progress, having a well-designed home office is more than just a luxury, it has become a necessity. A thoughtfully created workspace can increase productivity, boost creativity, and promote overall well-being. As a mortgage originator, I’ve seen how creating a productive environment impacts work-from-home efficiency and comfort. Whether you’re setting up a corner nook or dedicating an entire room, here are six practical ideas to transform your home office into an ideal place to get things done. 1. Pick the Perfect SpotThe location of your home office can greatly affect your ability to concentrate and stay…

18 Nov 2024

By Mark Feder

What’s Ahead For Mortgage Rates This Week – November 18th, 2024

Financial Reports

With the release of the latest CPI and PPI data, inflation has increased month-to-month for the first time since March, marking the first rise in over seven months. The Federal Reserve has reiterated its goal of reducing inflation to a 2% target within a year. While this development doesn't necessarily indicate an imminent interest rate hike, it suggests that current rates may remain unchanged for an extended period. Earlier optimism about a potential rate cut by the end of the year has significantly diminished in light of recent inflation figures and economic data. However, Retail Sales data presents a more…

15 Nov 2024

By Mark Feder

Understanding the Difference Between Mortgage Brokers and Mortgage Lenders

Home Buyer Tips

When you’re ready to buy a home, one of the first steps is securing a mortgage. While many people simply turn to their current bank for a loan, there are other options to consider that might provide better rates and terms for your situation. This is where understanding the difference between a mortgage broker and a mortgage lender can help. Both play essential roles in the home loan process, but they function in very different ways. Let’s break it down so you can determine which path might work best for you when seeking mortgage financing. What is a Mortgage Lender?…