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    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…

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…

Cornerstone First Financial is excited to announce their sponsorship with the Hey Frase Podcast in Washington D.C.  DCist named Hey Frase one of D.C.’s 11 Best Podcasts For Locals. Hey Frase features media personality Sarah Fraser and her friend Paul Wharton, weekly in the Nation’s Capital. Funny, enlightening, and pop-culture driven, the show aims to entertain…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The John Fredericks Show. CLICK HERE TO LISTEN TO THE JANUARY 2018 UPDATE Mark Livingstone, President of Cornerstone First Financial, discusses the mortgage market, including rates, mortgage refinance opportunities, reverse mortgages and special VA mortgage loan programs on the John Fredericks Show. The John Fredericks…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The John Fredericks Show. Mark Livingstone, President of Cornerstone First Financial, discusses the mortgage market, including rates, mortgage refinance opportunities, reverse mortgages and special VA mortgage loan programs on the John Fredericks Show. The John Fredericks Show broadcasts live weekdays from 6-10am on WHKT AM 1650…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The John Fredericks Show. CLICK HERE TO LISTEN TO THE NOVEMBER 2017 UPDATE Mark Livingstone, President of Cornerstone First Financial, discusses the mortgage market, including rates, mortgage refinance opportunities, reverse mortgages and special VA mortgage loan programs on the John Fredericks Show. The John Fredericks…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The John Fredericks Show. CLICK HERE TO LISTEN TO THE JULY 2017 UPDATE Mark Livingstone, President of Cornerstone First Financial, discusses the mortgage market, including rates, mortgage refinance opportunities, reverse mortgages and special VA mortgage loan programs on the John Fredericks Show. The John Fredericks…

Cornerstone First Financial Signs Santana Moss as Spokesperson for Mortgage Loan Services FOR IMMEDIATE RELEASE: @cornerstone1st @EIGHTTODANINE WASHINGTON DC, May 25, 2017 – Cornerstone First Financial announced today that Santana Moss has signed an endorsement deal to represent Cornerstone First Financial and their mortgage loan services. Moss will appear in multiple marketing campaigns, advertisements and…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The John Fredericks Show. CLICK HERE TO LISTEN TO THE MARCH 2017 UPDATE Mark Livingstone, President of Cornerstone First Financial, discusses the mortgage market, including rates, mortgage refinance opportunities, reverse mortgages and special VA mortgage loan programs on the John Fredericks Show. The John Fredericks…

A refinance could cut your monthly mortgage payment, but that doesn’t necessarily mean it’s the right move. Even though rates spiked after the election and may rise further, there are about four million borrowers who will still benefit from refinancing, and of that, two million borrowers could save $200 or more per month by refinancing.…

ICYMI:   Mark Livingstone, President & Owner of Cornerstone First appears on the Saturday Morning Update on WMAL with Rick Fowler.   About Saturday Morning Update Join nationally-recognized experts with candid commentary and analysis of the latest news stories affecting you and your future. Fox News analyst K.T. McFarland covers the latest developments on national…

Will Originate Home Mortgage and Home Equity Loans in Florida   FOR IMMEDIATE RELEASE: WASHINGTON DC, January 13, 2016 – Following over 15 years of success and achievements as a leading mortgage broker in the Washington D.C. Metropolitan Area, Cornerstone First Financial, a Christian owned company providing residential mortgage solutions to individuals and families who…

ICYMI: Mark Livingstone, President & Owner of Cornerstone First on The Don Kroah Show on WAVA 105.1FM / AM780. Part 1: Part 2: Mark Livingstone, President of Cornerstone First Financial, recaps the mortgage market for 2015 and projects for 2016 on the Don Kroah Show. The Don Kroah Show is one of the longest running…

Jumbo borrowers rushed into interest-only mortgages during the housing run-up; now many face loans entering their principal-repayment period Jumbo-mortgage borrowers feasted on interest-only loans during the housing boom, enticed by low down payments and monthly outlays. But a monthly sticker shock could be ahead for these borrowers. During the peak of the housing boom, from…

Veterans Affairs-backed mortgages are booming, and more important than ever, in today’s strict lending climate. If you even think you might be eligible for this benefit, it’s worth doing a little research to determine your eligibility. Even if you aren’t personally eligible, you probably know someone who is and who can therefore benefit from this…

October 18, 2013 – Mark Livingstone, President & Owner of Cornerstone First Financial and John Fredericks discuss how the government shutdown has effected the mortgage market, what raising the debt ceiling til January 15, 2014 may mean for the market, government mortgage programs and interest rates. Click HERE for interview. The John Fredericks Show is…

The U.S. economy grew at a 2.5 percent annual rate in the second quarter, faster than initially estimated, as American companies exported more and consumers bought fewer imports than the government had calculated last month. The number was revised up from the government’s initial announcement that the economy had grown at a 1.7 percent annual…

President Obama has unveiled his second-term housing agenda, which includes initiatives to support current homeowners, families hoping to buy their first home and the one-third of American households that rent. The plan has six basic pillars: Help more homeowners refinance to today’s low interest rates; Clarify and streamline regulations to help more creditworthy homebuyers get…

Potential buyers crept back into the U.S. housing market last week as applications for mortgages edged up, even though rates resumed their ascent, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.2 percent…

For the past few years, homeowners refinanced simply to lower their rate and their payments. With rates inching up, those prospects are no longer available but interest rate is not the only reason to refinance. I am seeing more homeowners refinance at present rates but including other debts, which offers significant monthly savings. In addition,…

On Friday, several U.S. representatives announced the introduction of the bill titled “Homeownership Opportunities Act” (H.R. 2929), for the purpose of bringing a pre-tax savings program to help prospective home buyers save for a down payment more efficiently. Congressman Joe Heck (R-NV) expressed in a statement that as many young home buyers and even families…

Metrostudy, a real estate consulting firm based in Houston, analyzes the health of the residential market in metropolitan areas across the U.S. and issued prescient warnings about the coming housing bust as early as 2004. One of its main analytical tools is what makes Metrostudy interesting: drive-bys. Employees drive through newly built—or still being built—home…