The Mortgage Interest Rate Lock Advisory for Barnstable MA for January 11, 2010 Here are some of the events affecting mortgage interest rates today in Barnstable, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.13 this morning - the
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01/11/2010
Three Factors That Could Affect Mortgage Interest Rates in 2010 While mortgage interest rates are expected to remain relatively low through 2010, they are expected to begin increasing early in the year. There are three factors could affect mortgage rates as the year goes on: The Federal Reserve
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01/10/2010
Frequently Asked Question: I Was Turned Down for a Mortgage Last Year. Was it in Violation of the Fair Credit Reporting Act (FCRA)? Q: I was turn down for a loan last year because I was told I already had 4 mortgage loans. I had 3 houses with a 1st mortgage and a house with a second. I was told t
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01/08/2010
Q: If a condo complex is FHA and CHFA approved does it still require there to be a 51% owner to renter ratio? A: FHA is currently permitting financing of condo units where the owner to renter ratio is as low as 30%. In addition, they have increased the maximum number of units that can have an FHA
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01/08/2010
The Mortgage Interest Rate Lock Advisory for Mashpee MA for January 8, 2010 Here are some of the events affecting mortgage interest rates today in Mashpee, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.06 this morning - the same a
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01/08/2010
Here's a blog post on why you should obtain Owner's Title Insurance when you purchase a home. Here is a tale of woe that is real, and may be repeated many times in the future for Massachusetts real estate scenarios. Well before I started representing my client, he purchased a home which had a re
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01/07/2010
The Mortgage Interest Rate Lock Advisory for Falmouth MA for January 7, 2010 Here are some of the events affecting mortgage interest rates today in Falmouth, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.50 this morning - down 3/3
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01/07/2010
Frequently Asked Question: If APR Goes Up at Least 0.125%, Must We Wait 6 Days to Sign the Loan Documents? Q: If APR goes up at least 0.125%, must we wait 6 days to sign the loan documents? A: Under the Mortgage Disclosure Improvement Act of 2008 or MDIA (part of the Housing and Economic Recovery
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01/06/2010
Frequently Asked Question: Can I Use the Equity From One Investment Property to Buy Another? Q: I am planning on using the equity from one investment property to fund / purchase another. Could you please tell me how to begin the process? Tax benefits? How much is too much for a downpayment? Line
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01/06/2010
The Mortgage Interest Rate Lock Advisory for Sandwich MA for January 6, 2010 Here are some of the events affecting mortgage interest rates today in Sandwich, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.50 this morning - down 3/3
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01/06/2010
