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Special Mortgage Programs

Special Mortgage Programs


Homeownership these days is less on the radar of young people compared to previous generations, economic experts say. Mounting student loan debt has put homeownership largely out of reach for some, while others see a home as more of a burden than a badge of honor. Now one lender is trying to get many to reconsider. First Savings Mortgage Corp. in McLean has rolled out a program…


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Mortgage 30 Year Fixed

Mortgage 30 Year Fixed


Remember last year when the 15-year fixed-rate mortgage rate was an unbelievable bargain at just over 2.5 percent, the lowest in recorded history and about three-quarters of a percentage point below a 30-year fixed-rate loan? So everyone buying a house was getting a 15-year loan, right? Nope. Thirty-year fixed-rate mortgages dominated – accounting for more than 85 percent of…


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