Alert! Your Name is Being Sold - Take Action Now! Massachusetts Mortgage Borrowers - 03/26/08 05:44 PM
Here’s breaking news you need to know … and you need to let all your family and friends know right away as well.
Your information … a hot commodity here in Massachusetts
Having credit checked is an important and necessary step in the home buying process. But very few people realize that … (4 comments)

Home Prices fall in Massachusetts - 03/25/08 09:02 AM
U.S. home prices in 20 major cities fell a record 2.4% in January, falling for the 18th month in a row, bringing prices down a record 10.7% in the past year, according to the Case-Shiller home price index released by Standard & Poor's this morning. Stock futures slide and now point … (0 comments)

Choices? - 03/21/08 06:40 AM
Here is an article that a friend passed on to me I have no idea were he got it; however I thought it was relevent to our industry.
By Author Unknown
John is the kind of guy you love to hate. He is always in a good mood and always has something positive to … (9 comments)

Whats New Today in Masachusetts Mortgage Market? - 03/19/08 03:44 PM
It has been eventful past few Weeks to be in the mortgage business in Massachusetts.  On Monday Suffolk and Norfolk Counties were moved from level 3 to level 4 soft market Status.  Each and every lender is doing something different in regard to their max Loan Values.  However most have gone … (0 comments)

3 Tips For Making Every Website A Lead Generating Machine - 03/18/08 02:50 PM
HERE IS A GREAT ARTICLE I FOUND. By Michelle Palmer As a lead generation tool, your website provides a virtual wonderland of sales and marketing opportunities. It's easily accessible, available 24/7, highly visible, and gives you the ability to present your company and services in your most positive light. 
Plus, … (8 comments)

THe fed and what is happening to Rate here in Massachusetts!!! - 03/18/08 02:05 PM
With the fed only cutting by .75. it has caused interest rates to move higher.  In speaking the fed the raised a cautionary tale on inflation. this has caused investor to move money out of bonds and into stocks. the Dow is now up 331 points.  My suggestion is to lock … (0 comments)

Whats happening in the massachusetts mortgage market? - 03/17/08 08:17 AM
Some good news for today has interest rates are seeming to improve today. "Mortgage Bonds open up 34 basis points higher after   Bear Stearns announced it was acquired by JP Morgan for $2 a share late last night after the 85 year old brokerage was on the brink of collapse. Bear's share price … (3 comments)

Massachusetts Foreclosure 101- the listing - 03/14/08 06:04 PM
In last couple of months i have more and more clients attempting to buy properties that are being sold from short sale. Unfortunately many of them have been unsuccessful. The reason is that the property was not properly set up for the short sale.  There are to many houses going on … (0 comments)

My realtor partner has this for Sale in Upton - 03/14/08 03:30 PM
Your Clients Can Own This Home For Only:
(0 comments)

My realtor partner has this for Purchase in Southborough MA - 03/14/08 03:18 PM
Your Clients Can Own This Home For Only:
(0 comments)

Realtor marketing on a Shoe String Budget, Part 5 - 03/14/08 07:21 AM
Mortgage Companies  Up until the late 1980's Realtors were the #1 source of business for the mortgage industry. Realtors controlled the buyers and could get them to go to any mortgage company they wanted. It's still that way with most buyers. But the mortgage industry since then has started marketing directly … (4 comments)

Great Thai Place in Milford Massachusetts - 03/13/08 07:48 AM
I don't normally right about things other than real estate or mortgages.  However a great little Thai restaurant oped up in Milford ma. The name is CHIM THAI it is located in the same plaza has Stop and Shop, next to Golds Gym.  They have a wide variety of Thai Cuisine, along … (1 comments)

Can we still Do 100% financing in Massachusetts? - 03/12/08 08:41 AM
I do quite a bit of first time homebuyers.    And many of them are using realtors that I have done a lot of business with.  However I have been receiving questions form selling brokers about 100% financing, Can we still do it.  The answer is yes.  If the borrower has a … (3 comments)

Massachusetts mortgage rates last week - 03/11/08 08:22 AM
Last week Massachusetts mortgage rates, between Tuesday and Thursday, rose as much as during any three-day period in recent memory before settling back a bit on Friday's jobs data.
What Happened many of the Fed members spoke they were partly to blame for the mortgage rate chaos, but several other factors played … (0 comments)

Picking up the telephone can stop Forclosure - 03/10/08 08:02 AM
Foreclosure" is the legal process by which a bank repossesses a home from a borrower and, according to RealtyTrac, 1 out of every 100 homes were in some stage of the foreclosure process in 2007. 
This figure is astounding because foreclosure is expensive to both homeowners and banks.  Both parties have … (8 comments)

Getting financing to buy that house-the Does and Don'ts - 03/07/08 04:03 AM
In today's real estate market, I have seen many mistakes that are being made when it comes to buying property. Whether it is borrowers buying houses they really can not afford or just plain choosing the wrong mortgage, or a combination of both. Here are some very simple steps that all … (0 comments)

New Fha loan limits for Massachusetts - 03/06/08 01:47 PM
 
This should allow client to refiance there existing loans through FHA.  It is about time they got witht he program to allow these people to refinance into a product that will allow them to get away from these subprime loans.
If any one has any questions please feel free to call me,
(0 comments)

Rates jumped yesterday and here is why? - 03/06/08 06:50 AM
Mortgage bonds suffered a serious "smack down," this time from an upside surprise on the ISM Services Index and increased concerns over inflation stemming from surging commodity prices. The ISM Services Index bounced back to 49.3% from 44.6% in January and above the consensus forecast of 47.9%. Stocks moved to the … (0 comments)

Rates Today, LOCK LOCK - 03/05/08 09:22 AM
Looks like rates have agian taken a turn for the worse today.  Rates look like they are going to change for the worse today.  Right now Bonds are down 44bps. That mean we will probaly see rates go up .125 to .250%.  again if you have a client buying a home … (1 comments)

Annual Mortgage Reviews in Massachusetts Bring Borrowers Closer to Achieving Financial Goals - 03/05/08 09:04 AM
Massachusetts mortgage holders should look to yearly mortgage reviews as a great way to keep on track with your financial goals. You're probably already meeting with your financial advisor and other asset manager for quarterly or annual reviews, and you should do the same with your Mortgage Planner as well. An annual … (0 comments)

Realtor marketing on a Shoe String Budget, Part 4 - 03/04/08 07:46 AM
Sphere of Influence
  Everyone that you know has to know what you do. Anytime they hear the words real estate, you want them to think of you. But don't count on them to remember, you have to drill it in their heads.
First, make a list of everyone you and your spouse know. … (1 comments)

What happened last week with Rates in Masscahusetts? - 03/03/08 11:05 AM
Mortgage rates moved lower last week, however it was not easy has rates were all over the place.Wh
en the economy shows signs of brightness -- like it did Monday and Tuesday -- mortgage rates tend to rise. 
This is because markets are currently equating growth with inflation and inflation pressures mortgage rates … (0 comments)

 
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