Fairway's First Team News & Updates

From market forecasts to the latest tips to increasing your home’s value.

Should you get a free credit report?
Credit Repair

Should You Get a Free Credit Report?

If you’re looking to fulfill your dream of buying a home you’ll want to keep an eye on your credit history to make sure there are no errors on your credit report. So, should you take advantage of a free credit report offer? Yes, and no. Generally we don’t recommend that people participate in offers

What is Derogatory Credit?
Other

What is Derogatory Credit?

If you’re setting your sights on achieving your dream of owning a home, you will want to pay close attention to your credit history and credit score. One mark that potential home buyers may find on their credit report is “derogatory credit.”  What is Derogatory Credit? In short, derogatory credit is not good. Not good

mortgage-company
Other

5 Things to Think About Before Buying a Second Home

Especially in times like these it’s so good to have a change of scenery. The COVID-19 pandemic has left us all feeling cooped up. As a result, there has been an increase in sales of second homes, also called vacation homes. The opportunity to be able to stay safe in another location greatly appeals to

3 Tips to Improve Your Credit
Other

3 Super Easy Tips to Improve Your Credit

Unsure if you can get a mortgage? Let’s start with 3 super easy tips to improve your credit! You dream of owning your own home. Home ownership is one of the basic tenants of the American Dream. However, you’re unsure if you would qualify for a home mortgage loan. Maybe you made some credit mistakes

Create community by eating locally
Other

Creating Community During COVID-19

As the global pandemic COVID-19 swept the nation, Americans quickly had to adjust to a new way of doing things. From working to socializing to buying groceries, citizens everywhere have been called upon to help “flatten the curve” by staying at home. Now, a couple of months later, we are beginning to see what lessons

Fairway's First Team
News

Fairway’s First Team – Covid-19 Response

At Fairway’s First Team we understand how uneasy this time is in our nation and our world. The crisis that COVID-19 has presented affects us all. We stand with you. For many, with mortgage rates at a low, now is a great time to refinance your current mortgage in order to secure lower overall payments

House
Market Conditions

The U.S. May be Witnessing its Biggest Housing Boom Yet

The property market has captured everyone’s imagination in recent times. This is because people connected with it are predicting the return of a housing boom in the U.S. Mortgage rates were reduced drastically in 2019. Additionally, homes have become more affordable, thanks to high-paying jobs and the availability of various other financial benefits. In fact,

mortgage-brokers
Other

Happy Holidays

Through the hustle and bustle of the holidays, we wish you ample time with your family and friends, good food and drink, and abundant joy. Season’s greetings to all!

Portland's Real Estate Market
Market Conditions

Are Portland’s Real Estate Market Conditions At Risk?

Are Portland’s Real Estate Market Conditions At Risk? Interest Rates The July market condition numbers for the Portland area indicate that this remains a strong seller’s market. At the same time, mortgage interest rates continue to be very low, making it a great time to buy a house. With it being both a seller’s market

exterior
News

10 Inexpensive Ways to Increase Your Home Value

Are you getting ready to sell your home and want to increase its value without the cost of a full-blown remodel? There are many affordable ways to increase your home’s value without breaking the bank. Here are 10 cost-effective ways to increase the value of your home: 1. Painting One of the most practical ways

Bring Your Own Puppy Party
News

Bring Your Own Puppy Party!! August 15th @ 4:30pm

First Team at Fairway Independent Mortgage Supports The Pixie Project As part of our ongoing commitment to supporting local not-for-profit organizations, the Fairway Independent Mortgage First Team has organized a BYOP (Bring Your Own Pup) event in support of The Pixie Project. The “Yappy Hour” event will take place on Thursday, August 15 at 4:30

2016: Homeowners Net Worth Will Be 45x Greater Than A Renter
News

Homeowners Net Worth Will Be 45x Greater Than A Renter

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). Read More: 016: Homeowner’s Net Worth Will Be 45x Greater Than