By BrianCav on 09.07.10
This Post will talk about the upcoming weeks Economic Data and how it will affect current Mortgage Rates
Posted in Learn, Today's Market | Tagged adjustable rate mortgages, Boston MA mortgage rate prediction, Boston mortgage, conforming loans, housing market, mortgage market update
By BrianCav on 07.13.10
The credit scores of millions more Americans are sinking to new lows. According to FICO, nearly 43.4 million people now have a credit score of 599 or below. And that makes them poor risks for lenders. It’s unlikely they will be able to get credit cards, auto loans or mortgages under the tighter lending standards banks now use. Here are some ways you can improve your score.
Posted in Buying a Home, Featured, Learn, Refinancing, Today's Market | Tagged credit counseling, credit report, FICO
By BrianCav on 04.16.10
Boston’s luxury condominium market, hard hit by the economic downturn over the last two years, is making a dramatic comeback that some say signals renewed faith in high-end real estate.
Posted in Buying a Home, Learn, Market Update, Real Estate Market, Today's Market | Tagged Boston mortgage, homebuyer, homebuying, housing market, jumbo mortgage, luxury condominium market
By BrianCav on 04.12.10
Refinancing provides great opportunities for homeowners. Through refinancing, it may be possible to lower your monthly mortgage payments, enjoy the security the security of a fixed-rate mortgage, as well as to consolidate other debt to a lower interest rate and a single payment.
Posted in Learn, Refinancing, Today's Market | Tagged adjustable rate mortgages, Boston mortgage, conforming loans, FHA loans, fixed rate mortgages, massachusetts refinance, rates, refinance home mortgage, refinance rates, Refinancing
By BrianCav on 04.02.10
Please submit your FHA Mortgage Application by today, Friday April 2nd, 2010. Starting on Monday your insurance premium is on the rise! So yes, FHA loans are gettimg much more expensive. The upfront premium is going from 1.75% to 2.25% of the total loan amount, and this is a big number.
Posted in Buying a Home, First Time Home Buyer, Learn, Today's Market | Tagged fha, fha guidelines, FHA loans, housing market, mortgage interest rates
By BrianCav on 04.02.10
Friday’s jobs report is important to the housing market for two main reasons: Folks aren’t buying homes if they’re worried about losing their job. And, more importantly, more borrowers fall behind as they lose their jobs, especially when they owe more than their homes are worth. Indeed, the surest way to stem foreclosures at this point is to reverse job losses, something the administration likely knows all too well.
Posted in Learn, Today's Market | Tagged economic data, foreclosure, housing market, massachusetts real estate, real estate
By BrianCav on 02.25.10
Boston Magazine very recently in its “Connoisseur Article”, write an excellent article comparing 3 of Boston’s best newly constructed luxury condo buildings, W Residences, 45 Province and The Clarendon. I couldn’t agree more with the outcome… great job Rachel Levitt
Posted in Buying a Home, Just For Fun, Learn, Real Estate Market, Today's Market | Tagged Boston MA first time home buyer loan, boston massachusetts mortgage, Boston mortgage, FTHB, homebuying, housing market