Fairway's First Team News & Updates

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

Increase Your Home Value
Selling Your Home

5 Inexpensive Ways to Increase Your Home Value

Getting ready to sell your house? Studies show that big renovations are rarely necessary and oftentimes lose the seller money. Most of the big changes home buyers want to make, they will make themselves after purchase. Your job as a seller is to present a blank slate, allowing buyers to picture themselves and their own

Mortgage Rates 2022
Market Conditions

Rising Mortgage Rates 2022

Rising Mortgage Rates 2022 Mortgage rates are influenced by a variety of factors but generally reflect the general economic conditions of the time. When the economy is better, people can afford to borrow more. Through the pandemic and unemployment concerns, mortgage rates have been at historic lows for the past two years. Going into 2022,

Pros and Cons of Buying a Home For Your Child to Live In

Pros and Cons to Buying a Second Home For Your Child to Live In 

If you are financially able, buying a second home for your child to live in is a decision that may benefit both of you. Of course your child benefits from the lifestyle stability of secure housing, whether they are enrolled in college, making a big life change, or if you simply want to help them


FHA Loan Requirements 2022

An FHA loan refers to a mortgage loan insured by the Federal Housing Administration, which is run by the Department of Housing and Urban Development (HUD). These loans are offered by the United States government to help make home ownership more accessible for those with lower credit scores and who may not be able to

Stylish corner inside a home with side table and chairs

What Happens After Making An Offer On a House

There are a lot of steps that go into purchasing a home, and it’s normal to feel overwhelmed. Finally finding a house you love and making an offer is a huge step, but it’s only the beginning of the process to actually owning the home. It is important to familiarize yourself with what happens after

Mortgage Pre-approval

5 Activities to Avoid Between Mortgage Pre-Approval and Closing

Congratulations, your mortgage has been pre-approved! It’s natural to feel anxious and maybe even be itching to find ways to ensure that final approval goes through. When it comes to your financial picture and credit profile, however, it is best to leave things alone as much as possible between pre-approval and final closing. Any big


Tips for Buying a Second Home as an Investment

Purchasing a second home is a great way to expand your investment portfolio and create a new income stream, whether you plan to flip the property after a few years or keep it as an ongoing rental. Whatever your plans, the process of buying a second home is likely to be a bit different than


What Exactly is Escrow? What Do Buyers Need to Know?

When buying or refinancing a home, you’re going to come across many terms that you may not be familiar with. Terms such as escrow are thrown around quite a bit, though many consumers have no idea what they actually mean. What is Escrow? The easiest way to describe escrow is the process of having a

Market Conditions

Mortgage Refinancing and Bank Prime Loan Rate: What You Need to Know

When you lock in your loan interest rate during the home buying process, you get the security of knowing just how much you will be paying each month for your mortgage. As a result of this stability, many people assume that the interest rate they agreed upon at closing is set in stone for the


Our Online Home Loan Application is Easy and Stress-Free

Deciding to buy a new home is exhilarating! That doesn’t mean it doesn’t come without its challenges of course. One of the most intimidating hurdles that buyers have to go through is the home loan application process. While most buyers find some comfort completing applications in-person with their bank or broker, online home loan applications

Millennials Can Buy A Home

Millennials Have Not Left The American Dream Behind

Millennial Home Buying – Bucking the Trends Stereotypes have targeted all generations in recent American history, and the Millennial generation is no exception. Millennials, defined as people born after 1980, are frequently thought of as a coddled, soft generation of lazy people who lack a strong work ethic. There have even been accusations that Millennials

Tips for Best Refinance Rates

Tips to Qualifying for the Best Mortgage Refinance Rates

Refinancing is the process of obtaining a new mortgage to reduce mortgage payments, lower your loan term, and/or cash out some equity from your home. Lenders look at various factors before refinancing your mortgage.  Rates are now at or near the lowest they have ever been – so it is a great time to refinance.