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By BrianCav on 02.18.10
U.S. News & World Report – It was supposed to be a momentous occasion for Brian, who was about to close on his first home. But after signing a thick stack of documents–and taking part in the ceremonious passing of the keys–something felt off for the then 26-year-old Montgomery County, Md., resident. There wasn’t even a chilled bottle of bubbly or a housewarming gift to punctuate this pivotal moment. “My Realtor told me that I can take him out for a steak,” recalls Brian, who prefers that only his first name be used to guard his privacy. …
Posted in Buying a Home, First Time Home Buyer, Home Sales, Learn, Real Estate Market, Refinancing, Today's Market | Tagged closing costs, credit, credit report, home inspector, home loan, homebuyer, homebuying, loan types, mortgage interest rates, mortgage lender, neighborhood, preapproved, real estate agent, resale value | 1 Response
By BrianCav on 12.28.09
I would suggest buying Mortgage Origination Point(s) if you could use the write off, can afford it, and will be in your current home for greater than 3 years… Plus Mortgage Interest rates are near all time lows!
Posted in Buying a Home, First Time Home Buyer, Learn, Refinancing, Today's Market | Tagged Boston mortgage, home loan, interest rates, jumbo mortgage, loan programs, loan types, mortgage, mortgage interest rates, origination, points, rates, tax deduction, tax write off | Leave a response
By BrianCav on 12.21.09
Boston Massachusetts Mortgage Market Updated is a resource for potential Homeowners and current Mortgage Borrowers to understand what economic data is relevant and what the situation is with mortgage Interest Rates. Brian Cav will provide a opinion as to whether you should lock or float your Home Mortgage
Posted in Market Update, Today's Market | Tagged 2010 conforming loan limit, adjustable rate mortgages, Boston MA first time home buyer loan, Boston MA mortgage rate prediction, Boston mortgage, cash out refinancing, conforming loans, economic data, federal homebuyer tax credit, fha, FHA loans, fixed rate mortgages, float, higher income limits on homebuyer tax credit, home loan, homebuying, housing market, loan programs, loan types, lock, mortgage interest rates, mortgage market update, refinance, Refinancing, Tax Credit, tax credit extension, update, what will happen with rates | Leave a response
By BrianCav on 05.31.09
It’s a good idea to gain a basic understanding of the kinds of home mortgages that are available. As you review the list, keep in mind that these categories widely overlap- for example, I provide adjustable-rate FHA loans and fixed-rate jumbo mortgages. As your advisor through the mortgage process, I can help you determine the [...]
Posted in Buying a Home, Learn, Refinancing | Tagged adjustable rate mortgages, FHA loans, fixed rate mortgages, home loan, loan programs, loan types | Leave a response
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