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What Fed Rate Hike Means for Mortgage Rates by Jane Herro

The Federal Reserve decision on the 15th to lift its benchmark short-term interest rate by a quarter percentage point is likely to have a domino effect across the economy as it gradually pushes up rates for¬†everything from mortgages and credit card rates to small business loans. Last week, the average rate of a thirty-year fixed […]

Buying a Home with 10% Down and No PMI by Darlene Miller

  A recent NY Times¬†article spoke with our mortgage broker Mark Maimon from Sterling bank about how first time buyers are getting ahead with putting less then 20% down. Some buyers may not have to funds to put more than 10% down but there are some other very sound reasons for choosing to put down […]