NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576Mortgage Rates Reach Four-Month Low
Because of the government shutdown, analysts predicted mortgage rates across all types of loan programs would spike up and remain at a high level. A week after the shutdown ended, however, trends significantly reversed; specifically, rates reached a four-month low….
Mortgages Rates May Increase If Government Goes Above Debt Ceiling
Two days from now, both political parties must come to an agreement before the government exceeds the debt ceiling. Should this scenario unfold, increases will be felt across mortgage interest rates, according to the Wall Street Journal’s Market Watch. Although…
RealtyTrac Report Shows Foreclosures in Connecticut on Rise
A RealtyTrac report released this week reveals foreclosures are on the rise in Connecticut. Out on October 10, the report shows that one in every Connecticut home had a foreclosure filing September, making the state the sixth highest in terms…
Government Shutdown Predicted to Significantly Slow Mortgage Applications
The government shutdown officially started this week, and while the closed or low-operating government offices may not overtly impact most Americans, mortgage applications look to be negatively affected, which in turn may have pervasive changes to and consequences for the…
Connecticut Named a Top 10 State for First-Time Homebuyers in HSH.com Survey
More good news for the Connecticut housing market: This past week, an HSH.com survey named the state as one of the Top 10 locations for first-time homebuyers. MSN Real Estate reported the results. In Connecticut, first-time homebuyers have access to…