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Mark Livingstone, President and Owner of Cornerstone First Financial on The Don Kroah Show on WAVA 105.1 FM / AM 780 on September 9, 2014 discussing the state of the mortgage market, new home loan programs and the house and real estate landscape.     Cornerstone First Financial serves Washington DC, Maryland and Virginia. We…

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…