Home Loans Posts

Home LoansAugust 13, 2014

Preparing to Have Your Debt-to-Income Ratio Evaluated

According to the new CFPB Mortgage Rules, borrowers applying for a mortgage must have a debt-to-income ratio of 43 percent or lower. While this…

Home LoansAugust 13, 2014

The mortgage industry stands on the precipice of radical changes – modifications that are ultimately for the better but, in the short term, may…

Home LoansAugust 13, 2014

So, as you prepare to buy a home for the first time, you allot funds aside to pay the 20-percent down payment. However, the down payment and monthly…

Home LoansAugust 13, 2014

It’s inevitable to start the mortgage application process after you’ve worked with a Realtor®, selected a house, and now need financing to move…

Home LoansAugust 13, 2014

Rates for conforming conventional loans continue to see increases. Percentages started going up close to a month ago, and while still historically…

Home LoansAugust 13, 2014

For 2013, things started to look up for the mortgage industry. Interest rates hit record lows, causing more individuals to consider purchasing a…

Home LoansAugust 13, 2014

Over a month ago, RealtyTrac revealed Connecticut’s amount of foreclosures increased year to year, and a recent November report shows this trend…

Home LoansAugust 13, 2014

While rates increased in September, resulting in fewer housing purchases, the under 4.5-percent interest has still been a deal for borrowers…

Home LoansAugust 13, 2014

What became a year of improvements continues to climb higher, including in Connecticut, where McCue Mortgage has two locations. Real estate in the…

Home LoansAugust 13, 2014

So, you’ve taken the plunge from renting into homeownership, but from working with a Realtor® and navigating the MLS listings to finding the right…