The first question most people ask when looking for a home loan is what is the rate? Everyone wants the lowest rate and who can blame them? But, do you know what is involved in setting mortgage interest rates? There are many factors that influence mortgage rates. What causes mortgage rates to change? Bond Market - Bonds have a strong influence on ... Read More >
Bigger is not always better when it comes to a down payment!
Yes, a bigger down payment usually means more equity in a house from the get-go along with a smaller monthly mortgage payment. But, sometimes a bigger down payment is NOT always better or even necessary. There are programs available that don’t require the traditional 20% down payment and make perfect sense for many buyers. You can struggle for years to ... Read More >
Five Tips to Find Your Dream Home!
Late Spring and early Summer are the busiest times in the real estate and mortgage industry. Many people like to wait until school finishes or the weather becomes nicer to plan a move. If you are looking right now, you might be hearing that it is a buyer’s market, but low inventory is still a problem for many areas of the country. The best way to set ... Read More >
Make your home more sustainable in 12 easy steps!
We all try to do our part to be more eco-friendly. We rinse out our cans and dutifully deposit them in the recycle bin to be taken out each week. We have stopped using plastic bags and straws. We carry our own reusable bags to the grocery store. These acts might ease our guilt, but are they really enough to say we are practicing sustainable living? What ... Read More >
First Impressions Matter!
You have just one chance to make a great first impression on your potential home buyer, and having a well-maintained yard, is just the way to do it. The National Association of Realtors says that 63% of buyers will do a drive-by to see a property after they’ve looked at it online. That is when you’ll get that one chance to dazzle them in real life! Your ... Read More >
Mortgage Equity Partners teams up with AFT Massachusetts
The following article first appeared on the AFT Massachusetts website on March 25, 2019. As AFT Massachusetts members, we know that we have more power when we join together through our union. That collective power is how we win better salaries, benefits, and working conditions, but it's also reflected in the collective purchasing power of AFT's 1,700,000 ... Read More >
Spring Mortgage Market is Blooming
Multiple sources are predicting a great spring season for the housing market. Mortgage applications for new homes purchases are up according to the Mortgage Bankers Association. Lawrence Yun, chief economist at the National Association of REALTORS®, says that “multiple data show definitively improving conditions” heading into the spring selling and buying ... Read More >
Mortgage Rates Dip Again
Mortgage rates have dipped again this week, and this is great news for borrowers preparing to start their home search in the coming months. In the Northeast, we are bracing for one of our final winter storms, but before you know it, buyers will be back out there in full force. In the Southeast, the market is always hot but, still seasonal to some degree, as ... Read More >
