All Things DMV Real Estate

Category: Mortgages

  • Behind on Mortgage Payments After Job Loss

    If you are behind on mortgage payments due to a recent job loss, you are not alone, and there are steps you can take right away to protect your home. Falling behind is stressful, but it does not automatically mean foreclosure. Acting early and knowing your options can make all the difference. Contact Your Lender…

  • How New Credit Score Models Impact Home Buyers

    If you’re planning to buy a home soon, big changes are coming to how your credit is scored — and they could work in your favor. The Federal Housing Finance Agency (FHFA) has approved two new credit scoring models — VantageScore 4.0 and FICO 10T — for mortgages backed by Fannie Mae and Freddie Mac.…

  • Buying a Home During the Shutdown: What to Expect

    If you’re planning to buy a home in the DMV area while the government is shut down, you’re not alone—and you’ll want to know exactly what’s ahead. From verification delays to flood‐insurance issues, the shutdown is creating new friction in the home-buying process. This guide walks through what to expect in terms of housing resources,…

  • DC–MD–VA Housing Resources Amid Government Shutdown

    The federal government shutdown that began in October 2025 (after funding lapsed) is rippling through many sectors of the economy — including real estate and housing. While many impacts are indirect and may take time to fully manifest, buyers, sellers, homeowners, and renters are already seeing delays, uncertainty, and resource gaps. In high-cost, high-stakes regions…

  • Refinance Mortgage 2025: Is Now the Right Time for Homeowners?

    With mortgage rates hitting an 11-month low in 2025, many homeowners are wondering if now is the right time to refinance. Lower rates can mean reduced monthly payments, shorter loan terms, or cash for home upgrades—but refinancing isn’t right for everyone. Here’s what you need to know before deciding whether a refinance mortgage in 2025…

  • Buying a Home 2025: Smart Strategies to Navigate the Market

    Buying a home in 2025 may feel overwhelming. Prices remain high, inventory is improving but still limited, and mortgage rates—though slightly lower—continue to challenge affordability. But here’s the good news: with the right strategy, preparation, and timing, it’s still possible to find the perfect home and make a smart investment. In this guide, we’ll walk…

  • Behind on Your Mortgage? Here’s What to Do Before the Bank Calls

    Falling behind on your mortgage is stressful, but taking action early can protect your home and your financial future. Homeowners in Washington, DC, Maryland, and Virginia have access to a range of programs, protections, and counseling services that can help you avoid foreclosure and regain stability. Step 1: Assess Your Financial Situation Start by reviewing…

  • Creative Financing Options in 2025 for Homebuyers

    Creative Financing Options in 2025 for First-Time and Repeat Buyers With affordability challenges and stricter lending standards, homebuyers are exploring creative financing solutions that go beyond the traditional mortgage. In 2025, first-time buyers and repeat buyers alike are using innovative strategies to unlock homeownership while protecting long-term financial stability. Seller Financing and Wraparound Mortgages Seller…

  • Buying Down Your Interest Rate: A Smart Buyer’s Guide

    When purchasing a home, every fraction of a percentage on your interest rate matters. One way to save money over the life of your loan is by buying down your rate—often called paying for “points.” Here’s what that means and how it works. What Does “Buying Down Your Rate” Mean? A mortgage “buydown” lets you…

  • How to Use a HELOC or Second Mortgage Wisely

    A HELOC, or Home Equity Line of Credit, can be a powerful financial tool. Along with second mortgages, these products let you borrow against the value of your home. Used carefully, they can help you manage expenses or invest in your future. But without a plan, a HELOC or second mortgage can quickly lead to…