What Is A Reverse Mortgage? (Part 7)A 12 Part Series Part 7 - Loan Limits and Distribution of Money of Reverse MortgagesThe maximum loan amount that is available through a reverse mortgage depends on five factors: the age(s) of the homeowner(s) - the older, the better; the current interest rate
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11/30/2009
Home Value Update for Orleans MA Through October 2009 According to Trulia.com, the sale prices of single family homes in Orleans, MA have increased 1.6% in the past year through the end of October 2009. Sale prices have depreciated 12.7% over the last 5 years. The current mean sales price of home
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11/30/2009
The Mortgage Interest Rate Lock Advisory for Orleans MA for November 30, 2009 Here are some of the events affecting mortgage interest rates today in Orleans, MA. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 102.44 this morning
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11/30/2009
The Mortgage Market Watch for the Week of November 30, 2009 Events Affecting the Mortgage Market This Week: The Dubai World default risk swept the global markets over this past weekend. Pundits and policy makers have had the weekend to make an assessment. The results could lead to lower mortgage
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11/29/2009
Home Value Update for Chatham MA Through October 2009 According to Trulia.com, the sale prices of single family homes in Chatham, MA have fallen 33.9% in the past year through the end of October 2009. Sale prices have depreciated 11.3% over the last 5 years. The current mean sales price of homes
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11/27/2009
What Is A Reverse Mortgage? (Part 6)A 12 Part Series Part 6 - Outliving the Reverse Mortgage A reverse mortgage can not be outlived. As long as at least one homeowner lives in the home and keeps property taxes and homeowner's insurance current, the loan does not need to be repaid. In addition, be
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11/26/2009
Home Value Update for Brewster MA Through October 2009 According to Trulia.com, the sale prices of single family homes in Brewster, MA have fallen 9.1% in the past year through the end of October 2009. Sale prices have depreciated 7.4% over the last 5 years. The current mean sales price of homes
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11/26/2009
How Financial Markets Really Work The financial markets are closed today in observance of Thanksgiving Day. In the absence of any financial activities, I thought I'd provide this short video on how financial markets really work. Enjoy.
11/25/2009
What Is A Reverse Mortgage? (Part 5)A 12 Part Series Part 5 - Reverse Mortgages, Income and Taxes Effects on Income A reverse mortgage is a loan against your home, not income. Therefore, the funds received are not subject to income tax and do not affect Social Security benefits. The IRS does not
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11/25/2009
Home Value Update for Harwich MA Through October 2009 According to Trulia.com, the sale prices of single family homes in Harwich, MA have fallen 7.1% in the past year through the end of October 2009. Sales prices have depreciated 17.4% over the last 5 years. The current mean sales price of homes
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11/25/2009
