Buyers Rejoice! It is a good time to buy a home. - 05/17/11 05:09 PM
Looking back for a moment, it was late November 2008 when mortgage rates first dropped below 5.0% for a conventional 30 year loan.  Rates stayed low through the spring and early summer before heading back up into the mid 5% range in mid to late summer.  At that time I thought "the party was over."  However, mortgage rates soon dipped back below 5.0% towards the end of 2009 and into 2010.  Rates stayed aggressively low for almost the entire 2010 calendar year except for what ended up being a brief period of time in March.  Flash forward to the start of … (1 comments)

I'm A Star! - social networking is fun and profitable - 05/10/11 03:07 PM
 
I spent an hour today helping a friend in the financial sector film a short commercial.  The ad will air on the internet most likely on YouTube and select social networking sites.  It was fun to be a part of this type of marketing campaign.  I have always thought that I could hack it in Hollywood and I am sure if you asked the camera man, Chad Sylvester (www.praxisprostudios.com), he would agree!
The spot includes me "acting" as a real estate investor and Brett Kelly of Keller Williams Realty Maine playing his role as my buyer's agent (www.linkedin.com/pub/dir/brett/kelly).  In the short … (1 comments)

Mortgage rates are still low - 05/05/11 01:02 PM
For several days now the 30 year fixed mortgage rate has been 4.875%.  Most borrowers with good credit scores can even qualify for closing cost credit if applying via my website at Northeast Bank.  The web address is; www.northeastbank.com/dcekutis
Low mortgage rates are just another great reason to consider buying a new home or refinancing an existing loan.
… (0 comments)

 
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David Cekutis

Portland, ME

More about me…

Northeast Bank

Address: 77 Middle Street, Portland, ME, 04101

Office Phone: (207) 774-1426 x 4611

Cell Phone: (207) 939-0851

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Comments on the mortgage environment in Maine. This blog is written from the point of view of a local mortgage loan officer in Portland, ME.


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