mortgage: Fastest Path To Increasing Your Net Worth - 12/05/18 09:09 AM
Comparing Owning a Home Vs. Renting? One more Factor to Support Buying a House. The ongoing debate between renting and buying a home puts many people looking to get out on their own into stasis longer than it should. While it is always a good idea to weigh out the options on both sides of a decision of this magnitude, the facts are that there are fewer long-term support stats FOR renting over buying. The latest data from the Federal Reserve Survey of Consumer Finances report gives another reason in the “pro” column to buy property over renting. The net worth of … (1 comments)

mortgage: Mortgage Rates Drift Lower on Tame Inflation and NOKO Concerns - 08/12/17 06:15 AM

mortgage: Mortgage Rates Are Holding Steady - 08/05/17 07:24 AM

mortgage: Five Pitfalls to Avoid When Considering A FHA 203K Loan - 02/18/17 06:18 AM
1. Get Pre-Approved First - I'm not referring to the cursory phone call and credit report review with a mortgage lender.  Work with a loan officer who has experience with FHA 203K mortgages and insist upon a thorough review of your financial information before you make an offer to purchase a home requiring renovation financing, and if there are any concerns on the loan officer's part, ask for the loan to be formally underwritten.  The last thing you want to do is spend countless hours and expense only to have your application denied by the underwriter in the eleventh hour.
2 Make sure your time-line is realistic … (6 comments)

mortgage: Is an Interest Rate Hike In The Cards - 08/19/16 09:37 PM

mortgage: No End In Sight For Low Mortgage Rates - 07/08/16 08:51 PM

 Feds Continue to Prime The Pump With Accomodative Economic Policy

mortgage: European Union Continues To Influence US Mortgage Rates - 06/01/16 07:57 PM

mortgage: Strong Demand For Bonds Supports Housing Market - 05/28/16 09:02 PM

mortgage: Feds Spook Interest Rates, Alerting Buyers Now Is The Time To Purchase - 05/21/16 10:11 PM

mortgage: Mortgage Rates Supportive of Housing Market - 05/14/16 09:53 PM
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mortgage: Slow domestic and global growth keeps the lid on mortgage rates - 03/19/16 01:22 AM

mortgage: Thank Europe For Low Mortgage Rates - 03/11/16 10:11 PM

mortgage: Weekly Mortgage Market Update - 03/04/16 01:27 AM

mortgage: The Canary In The Coal Mine For Interest Rates - 12/18/15 08:52 PM
 After holding the federal funds rate near zero for seven years, the Fed announced on Wednesday a widely expected rate hike of 25 basis points. According to the Fed statement, there has been "substantial improvement" in the labor market, and the economy is on a path of "sustainable improvement." Regarding future policy, Fed officials expect that economic conditions will warrant only "gradual" increases in rates. The statement also noted that the Fed does not expect to reduce its holdings of MBS and Treasuries any time soon.  This is the canary in the coalmine; the Federal Reserve has been purchasing mortgage backed securities (MBS) for the better … (2 comments)

mortgage: Mortgage Rates Decline Ahead of Anticipated Fed Rate Hike - 12/11/15 08:35 PM

mortgage: Mortgage Rates Level Off - 11/13/15 08:44 PM

mortgage: Low Rates + Stable/Increasing Home Prices = Time To Buy - 03/27/15 10:47 PM
These two pictures say it all; Home prices are stable and increasing and interest rates remain at historical lows making this a great time to consider your first home purchase.  The third photo is where you go to finance it!


mortgage: Dovish Fed Tees Up The Spring Market With Low Rates - 03/20/15 08:28 PM

mortgage: Strong Jobs Gain = Jolt In Mortgage Rates - 03/06/15 09:03 PM

mortgage: Do This Before Selling Your Home - 02/12/15 05:37 PM
Zip through this getting-ready-to-sell-your-house checklist first If you're thinking of selling your house, now is the time to get serious about the prep work. You don't need to feel anxious about it, though. Here's a getting-ready-to-sell checklist that'll take you through the most critical tasks.
Depersonalize the space. Start by taking the "home" out of your house: family pictures, kids' art, collectibles, toiletries and tell-tale signs of pets (toys, food, etc.) all need to go. You want someone to imagine themselves living there - without thinking about you.
Purge and declutter. Tackle one room at a time, breaking it into zones. … (2 comments)

George DeVine, Mortgage Banker (Atlantic Home Loans) Rainmaker large

George DeVine

Mortgage Banker

East Greenwich, RI

More about me…

Atlantic Home Loans

Address: 694 Main Street, East Greenwich, RI, 02818

Office: (401) 301-0130

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