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    Michael McDermott

    @michaelmcdermott

    24+ Years of expertise

    Michael McDermott - The McDermott Team

    The McDermott Team

    Mortgage Loan Officer

    3200 E Camelback Rd, 130Phoenix, AZ 85018
    8Articles

    About Michael

    A graduate of Arizona State University, Michael McDermott began his career in the mortgage industry as a telemarketer. Soon after he began, he was promoted to a position as a Loan Officer so that he could use his ability to communicate loan options clearly and effectively to potential home buyers. This experience allowed him to work closely with Realtors and Builders alike while facilitating the financing for the buyer. Since then, Michael has built a business which handles a high volume of tran

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    The McDermott Team
    Michael McDermott - The McDermott Team
    Website
    themcdteam.com
    Member since
    July 2026

    Michael's Articles

    Phoenix New Build Buydowns: What to Ask at 7% Rates

    Phoenix

    Phoenix New Build Buydowns: What to Ask at 7% Rates

    Shopping a new build in Maricopa County? Here is how to audit a builder rate buydown and credit to see whether you are actually saving — or just getting a…

    Sep 22, 2026·7 min read·61
    Phoenix
    Mortgage Rates
    Will Fed Hikes Raise Phoenix Mortgage Rates?

    Mortgage Rates

    Will Fed Hikes Raise Phoenix Mortgage Rates?

    Michael McDermott of NEXA Lending explains why a Federal Reserve rate hike doesn't automatically mean higher mortgage rates for Phoenix and Maricopa County…

    Sep 15, 2026·1 min read·60
    Mortgage Rates
    Federal Reserve
    Cash-Out Debt Consolidation: Does the Math Work?

    Debt Consolidation

    Cash-Out Debt Consolidation: Does the Math Work?

    With the average credit card APR near 21%, rolling high-interest debt into mortgage debt can cut monthly costs.

    Sep 8, 2026·9 min read·70
    Debt Consolidation
    Home Equity
    Phoenix Homebuyers: Compare the Deal, Not Just the Price

    Phoenix Housing

    Phoenix Homebuyers: Compare the Deal, Not Just the Price

    National housing headlines don't tell the whole story. Learn why Phoenix buyers should focus on total deal value rather than just the sticker price in this…

    Sep 1, 2026·4 min read·170
    Phoenix Housing
    Home Buying
    What Fed Chair Kevin Warsh Actually Said at Jackson Hole

    Kevin Warsh

    What Fed Chair Kevin Warsh Actually Said at Jackson Hole

    Fed Chair Kevin Warsh just signaled a major shift in how the central bank communicates. Here is what his Jackson Hole debut means for mortgage rates.

    Aug 28, 2026·4 min read·180
    Kevin Warsh
    Jackson Hole
    HELOC vs. Cash-Out Refi: The Arizona Homeowner's Guide

    Phoenix

    HELOC vs. Cash-Out Refi: The Arizona Homeowner's Guide

    Should you keep your low-rate first mortgage with a HELOC or replace it with a cash-out refinance?

    Aug 25, 2026·9 min read·90
    Phoenix
    HELOC

    Showing 6 of 8 articles

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