Mark Livingstone, President and CEO of Cornerstone First Financial discusses the drastic mortgage rate drop happening now. Learn more about these very low mortgage interest rates and how homeowners and buyers will benefit from lower interest rates. When you are ready to purchase a new home or refinance your mortgage, give Mark Livingstone…
With the tariffs and trade wars monopolizing the headlines, one bit of news that’s kept low on the radar is the dramatic drop in mortgage interest rates. As investors flock to the security of bonds, interest rates have driven lower and lower, all to your benefit so whether you’re buying a house or…
Are you looking to buy your first home or a new home? Most people who buy a home will need a mortgage. Below are some of the most frequently asked mortgage questions. How do I start the mortgage process? Start off by doing some research. Check online how consumers shop for mortgages. Start with a…
After years in the industry and recognizing a need for an ethics-driven mortgage lender, Mark Livingstone started Cornerstone First Financial in 2001. Cornerstone First Financial is unique due to their platform in radio and podcasts. Starting on radio prior to the implosion in 2006 and now on over seven stations, Mark learned the trade through…
Did you know that 85% of people looking to purchase a home call a real estate agent prior to getting approved for a mortgage? That’s like buying a car without a driver’s license, it just doesn’t make sense! Give Cornerstone First a call today to get pre-qualified for your home purchase. We are…
A recent fed decision to continue raising interest rates, coupled with strong economic growth, has led to a wave of people coming off the sidelines and entering the home purchase market. “We haven’t seen this kind of competition among home buyers in over 10 years!” What is this mean to you? When purchasing…
PEOPLE ON THE MOVE IN WASHINGTON, DC: MARK LIVINGSTONE After years in the industry and recognizing a need for an ethics-driven mortgage lender, Mark Livingstone started Cornerstone First Financial in 2001 out of his 1 bedroom condo in Bethesda. Cornerstone First Financial is unique due to their platform in radio and podcasts. Starting on radio…
Did you know that homeowners now control $14.4 trillion dollars in tappable home equity? This rise in appreciation has led to record numbers of people using their homes as ATMs. With the elimination of some HELOCs being tax-deductible, credit card debt on the rise, and interest rate increases moving, NOW is the time…
Mark Livingstone on Twitter: “Great news for buyers and sellers! #RealEstate” In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts and appraisers are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in…
Mark Livingstone on Twitter: “At Cornerstone First Financial, we offer bank statement programs where we average together all the #mortgage applicant’s deposits over the last 12 or 24 (depending on credit score) months & use that as income in order to service the “gig” #economy #modernmortgages #housing” Fannie Mae and Freddie Mac are trying to make mortgages accessible…
Mark Livingstone on Twitter: “Mortgage rates go up like a rocket, but come down like a parachute, no worry here, with low inventory and record appreciation there are those that will be taking out #mortgage loans #RealEstate” Mortgage rates this week jumped to their highest level since 2011, signaling a shift from a period of…
