August 1st 2011 Mortgage Rate Update

Posted by on Aug 1, 2011 in Blog, Buyers, First Time Home Buyers, Mortgage Rates, Sellers | 0 comments Happy Monday!  This summer is flying by! It’s already August 1st!  I am pleased to report that real estate here in Massachusetts, specifically the MetroWest region, has not slowed down yet! Normally, we see a little slow down during the summer, but this year we are continuing to stay steady! In response to quite a few inquiries regarding the state of mortgage rates, I’ve asked Rick...
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The 1 Force That Can Really Change A Mortgage Rate

Posted by on Jun 29, 2010 in Blog, Mortgage Rates | 0 comments All day, every day, conforming and FHA mortgage rates in Massachusetts are in flux.  Rates move in response to hundreds of factors which exact varying levels of influence. Among the biggest influences on mortgage rates is inflation.  When inflation is unexpectedly high, mortgage rates tend to rise quickly. Conversely, when inflation is unexpectedly low, rates tend to fall quickly. But what is...
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Should You Refinance Your Mortgage?

Posted by on May 27, 2010 in Blog, Mortgage Rates, The Economy | 0 comments Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They’re at levels not seen in 50 years. For homeowners that missed the Refi Boom of November 2009, it’s a second chance. In this well-presented, 3-minute video from NBC’s The Today Show, you’ll get tips getting low rates and choosing the best time to lock in. Some...
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Shopping For Mortgage Rates Is Part Research Skills, Part Luck

Posted by on May 11, 2010 in Blog, Mortgage Rates | 0 comments Shopping multiple lenders for a “good mortgage rate” can sometimes save you 1/8 percent on your rate and/or a few hundred dollars in fees. However, when it comes to getting the best mortgage rate, you’re going to more than good research skills. You’re going to need some luck. Mortgage rates are unpredictable, ever-changing, and rarely change as expected. For example, when...
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Markets Ignore The April Jobs Report And It’s Good News For Mortgage Rates

Posted by on May 7, 2010 in Blog, Buyers, First Time Home Buyers, Home Values, Market Updates, Mortgage Rates, The Economy | 0 comments On the first Friday of every month, the U.S. government releases its Non-Farm Payrolls report.  More commonly called “the jobs report”, Non-Farm Payrolls is a major market mover. The number of working Americans is directly tied to the health of the economy which, in turn, drives the stock and bond markets. In general, when jobs numbers improve, it’s good for stocks and bad for...
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