How To Boost Your Credit Score When Applying For A Mortgage
By Dan Green | Reposted from themortgagereports.com Ultra-low mortgage rates have sped up the housing market’s recovery during the last year, with home sales and home prices both on the rise. During the third quarter of 2012 alone, $521 billion in new mortgages appeared on consumer credit reports, marking the fourth consecutive increase in mortgage [...]
Brian Cavanaugh Featured on Curbed’s Ask a Mortgage Banker
Take a look at this post from Curbed University. I’ll be answering your questions next week! Curious about borrowing to buy that dream home in the Hub? Wondering what it all entails beyond the credit check? Well, clear the confusion and get some answers with our upcoming Asking a Mortgage Banker… feature, part of our [...]
WEDNESDAY UPDATE: 03/20th
Today’s FOMC adjournment and economic projections yielded little surprises. The meeting adjourned with no change to key short-term interest rates and the Fed outlook on the economy is slightly weaker than previously estimated. Their prediction for Gross Domestic Product (GPD) growth is now between 2.3% and 2.8% while they believe that the U.S. unemployment rate [...]
New Homeowners Guide: How to Buy a House and Get a Mortgage
By Dan Green | Reposted from themortgagereports.com The U.S. housing market is in recovery, and home sales are expected to rise through 2013 and into next year. If you’re among the many people planning to buy a home this year, be sure to understand the actual process of it all — especially with respect to your [...]
Mortgage Rates Improve after yesterdays January 2013 FOMC Statement
Reposted from http://themortgagereports.com by Dan Green This week’s FOMC meeting has adjourned with no change to key short-term interest rates or the Fed’s bond buying program. The lack of a change to interest rates was widely expected, but there was a lot of debate about the Fed maintaining their current stimulus programs. The news of [...]
What Will Happen with Massachusetts Mortgage Rates this Week? 1/14th
Inquire within for current Mortgage Rates or Guidelines bc@SmarterBorrowing.com 617.771.5021 Overall, Tuesday or Wednesday will probably be the most active day for mortgage rates with some key economic data being posted both days. The least active day will probably be tomorrow, but Thursday also has little to be too concerned with. But the stock markets [...]
Ten Tips About Mortgages and Refinancing in 2013
Reposted from Bankrate.com / by Polyana da Costa /Published January 03, 2013 If you’ve been sitting on the sidelines, waiting for the best time to refinance or get a mortgage to buy a home, think of 2013 as your last chance to act.With good credit, persistence and some shopping skills, you can still snag phenomenal deals [...]
To Givers of Down Payments
Reposted from the New York Times By LISA PREVOST HOME buyers trying to scrape together enough money to cover the typical 20 percent down payment frequently look to relatives for help. In a National Association of Realtors survey of people who bought homes from July 2011 to June 2012, about a quarter of first-time buyers [...]
What Will Happen with Massachusetts Mortgage Rates this Week? 12/31st
Inquire within for current Mortgage Rates or Guidelines bc@SmarterBorrowing.com 617.771.5021 Overall, the key data of the week will be Friday’s Employment report, but look for Wednesday to be active also due to the ISM report. We also have the Fiscal Cliff issue coming to a head early this week. As mentioned last week, I don’t [...]
Mortgage Rates Respond To December 2012 FOMC Statement
By Dan Green (NMLS #227607) for themortgagereports.com Mortgage rates are worsening after the Federal Reserve’s December 2012 FOMC meeting. For the third straight meeting, the nation’s central banker described the U.S. economy as improving; expanding “at a moderate pace”. The group also re-affirmed its plan to buy mortgage-backed bonds as a means to suppress mortgage rates [...]
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