Mortgage Rates Reach Four-Month Low
Because of the government shutdown, analysts predicted mortgage rates across all types of loan programs would spike up and remain at a high level. A…
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Mortgages Rates May Increase If Government Goes Above Debt Ceiling
Two days from now, both political parties must come to an agreement before the government exceeds the debt ceiling. Should this scenario unfold…
Read moreRealtyTrac Report Shows Foreclosures in Connecticut on Rise
A RealtyTrac report released this week reveals foreclosures are on the rise in Connecticut. Out on October 10, the report shows that one in every…
Read moreGovernment Shutdown Predicted to Significantly Slow Mortgage Applications
The government shutdown officially started this week, and while the closed or low-operating government offices may not overtly impact most Americans…
Read moreConnecticut Named a Top 10 State for First-Time Homebuyers in HSH.com Survey
More good news for the Connecticut housing market: This past week, an HSH.com survey named the state as one of the Top 10 locations for first-time…
Read moreFewer Fairfield County, Conn. Homes Were Underwater in Q2
Nationally, more and more properties have equity, and according to a report from CoreLogic published last week, Fairfield County’s housing market…
Read moreThree Crucial Points About Your Conforming Conventional Loan
There are two factors borrowers considering a home must understand: Rates on conforming loans continue to increase, while, as of last week, rates for…
Read moreJumbo Mortgage Rates Now Lower than 30-Year, Fixed-Rate Conventional Options
Few mortgage professionals live to see a headline like the one above. But, if you’ve been keeping track of the latest rates, you know that such a…
Read moreIs an Adjustable Rate Mortgage (ARM) a Good Idea?
For August, it has been a hot topic to discuss the surge of adjustable rate mortgages (ARMs) experienced over the summer. According to Businessweek…
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Connecticut Foreclosure Bill Addressing Mediation Process Becomes Law
If you recall, Gov. Malloy proposed a bill to streamline the foreclosure process in January 2013. Originally, its objective was to lessen the delay…
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