Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

One-Time Close & Construction Only Loans

One-Time Close & Construction Only Loans

The ever changing weather conditions of January and February may have you continually moving your thermostat, updating your daily clothes selections, and daydreaming about beautiful spring days in Hampton Roads.  As we approach the end of winter and

Feb 01, 2013 |

"Housing is clearly recovering."

"Housing is clearly recovering.", David Blitzer, Chairman of the Index Committee at S&P Dow Jones Indexes stated earlier today.  According to the S&P/Case Shiller composite index of 20 metropolitan areas, gains of 0.6 percent i

Jan 29, 2013 |

Valuable Information About Reverse Mortgages from NCOA

Valuable Information About Reverse Mortgages from NCOA

 NCOA (National Council on Aging) provides valuable information regarding home equity and reverse mortgages.  The following links will connect you to the NCOA Home Equity page, and the Use Your Home to Stay at Home™ guide.  For additi

Jan 25, 2013 |

Fixed Mortgage Rates Move Slightly Higher, But Still At Record Lows

Fixed Mortgage Rates Move Slightly Higher, But Still At Record Lows

Fixed mortgage rates moved up slightly to 3.42% (30-Yr FRM) according to the Freddie Mac Weekly Primary Mortgage Market Survey.  The 15-Yr FRM moved to 2.71%.  However, these rates remain historically low, and continue to provide a positive envi

Jan 24, 2013 |

Changes are Coming to Reverse Mortgages

Changes are Coming to Reverse Mortgages

By the end of January 2013, the Federal Housing Administration (FHA) will announce changes to its Home Equity Conversion Mortgage (HECM) program.  The changes come on the heels of an audit of the reverse mortgage insurance portfolio that showed a neg

Jan 18, 2013 |

Congratulations THF 2012 Award Recipients

Congratulations THF 2012 Award Recipients

Before we close out 2012, and head into 2013, we'd like to congratulate the 2012 award recipients at Tidewater Home Funding.  These professionals were recognized for their exceptional contributions to the success of our business throughout the past y

Jan 14, 2013 |

Ready to Fund Your Dreams?

Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.

 

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