Mortgage 1 Team, Author at Mortgage 1 Inc.

May 10, 2019

Mortgage 1 explains what closing costs are.

What Are “Closing Costs?”

What are closing costs? That’s a question most first-time home buyers ask. Many repeat buyers do, too. Many home buyers don’t realize the kind of costs that can be associated with a mortgage. Whether a buyer selects a no closing cost mortgage or a more […]

May 3, 2019

State of the Metro Detroit Housing Market

Southeast Michigan continues to be a hot market for home buyers, both first-time buyers and those looking to move up, according to research data as well as on-the-ground insights from a local real estate pro. While the market is in a sellers’ mode, there are […]

April 25, 2019

Now Is the Time to Buy. Mortgage Rates at Historic Lows.

Are you considering purchasing a home or refinancing? If so, now is the time to act. Comparatively speaking, mortgage rates are at historic lows, making now the ideal time to buy a new home or a second home, or to refinance your current mortgage for […]

April 16, 2019

Home Ownership, Taxes and Finances: Why Owning a Home Is Still a Great Investment

April 15 is an annual rite of passage in the United States: Income Tax Day. (You did remember, didn’t you?) Since the inception of the federal income tax law in 1913, home mortgage interest has always qualified as an income tax deduction. And while the […]