There’s no doubt that “the era of ultra-low interest [mortgage] rates is over,” said Lawrence Yun, chief economist of the National Association of Realtors®, in a statement. That's the quote that stopped me in my tracks.
I wish I could tell you that lower home prices will offset the rate increase but currently we are still experiencing low [...]
Great article from Realtor.com and it's not what you're thinking! Almost 30 years in this business, someone recently asked me what makes a great real estate agent. The skill set required would have to include psychology degree, therapist manner, law degree, negotiating extraordinaire,
Thank you Forbes for giving us a glimpse into the lives of America's richest families in terms of monitary fortunes. However, "rich" can be defined in many ways. How about being rich with personal satisfaction? A life with balance? Family, friends, and community? There are plenty of people right here in Ipswich who would call themselves [...]
There's a new law in town, effective October 3, 2015. Welcome to TRID (TILA RESPA Integrated Disclosure)! The new law will create a rippling effect across the industry, buyers and sellers included. Like every other big change, it's designed for the protection of the consumer. We spent the morning with Attorney Rick Carter and Ron Peck & [...]
Start 2015 off Right...
The news last month that Fannie Mae and Freddie Mac were each going to begin backing mortgages with as little as 3% down certainly caused some controversy (http://www.bloomberg.com/news/2014-12-09/fannie-freddie-3-down-loan-seen-as-helping-too-few.html ). These low down payment loans are seen as a tool to help low [...]
Short on down payment money and thinking about buying a house? Think outside the (jewelry) box!
Do you have a 'retired' wedding or engagement ring? Or how about an old coin collection, motorcycle, boat, snowmobile or antique car? Forgotten gems and dusty toys may be considered assets provided they are saleable. A little effort can turn [...]
