NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576CoreLogic Report Shows Year-to-Year Decline in Foreclosures – But Not in Connecticut
The May National Foreclosure Report from CoreLogic gives solid evidence that, at least across the U.S., the real estate market is rebounding. Nevertheless, declines in foreclosures aren’t universal, with Connecticut being in the top five states with high inventory. Major…
Mortgage Rates Increase to Four Percent: What Does This Mean?
After the housing market crashed in 2007, the FHA was the only agency, government or private, to see gains in the years that followed. As a result, the moderate housing recovery is partially attributed to the Federal Housing Administration, but…
Nationally, Underwater Mortgages Continue to Decline
After the housing market crashed in 2007, the FHA was the only agency, government or private, to see gains in the years that followed. As a result, the moderate housing recovery is partially attributed to the Federal Housing Administration, but…
Connecticut Foreclosure Relief Bill Passes in House of Representatives
Reported on May 24, the Connecticut state House of Representatives approved a bill that provides homeowners facing foreclosure with more protections and better treatment from banks. After a 135-0 vote in the House of Representatives, the bill was passed along…
Are Delinquent Mortgage Rates Up or Down?
According to recent reports, mortgage delinquencies are gradually declining – or have increased, once foreclosures are removed from figures. This all depends upon who you ask and the statistics you pull from. The disparity in results from the Mortgage Bankers…