In response to the Coronavirus crisis, the Fed has reduced rates to record lows. This reduction trickles through to many types of loans including consumer loans, credit cards, and mortgage interest rates. Have you checked your interest rates lately? It could be a great time to refinance your … [Read more...]
Mortgage Comparison Tips for Massachusetts Home Buyers
Mortgage shopping can be a confusing process. With so many different factors to consider, how can you make sense of it all and select the best option available? Here are a few mortgage comparison tips to help you make smart mortgage and home buying decisions. 1 - Look Beyond Interest Rates So … [Read more...]
2019 Loan Limits for Conforming and FHA Mortgages in Massachusetts
The new year brings some good news for Massachusetts home buyers. For many counties in MA, loan limits have increased to reflect rising home prices. Here's a look at the 2019 loan limits for conforming and FHA mortgages in Massachusetts. Increased FHA Loan Limits for 2019 FHA loan limits for … [Read more...]
Home Issues That Won’t Pass FHA Guidelines
When applying for an FHA loan, there are certain safety standards the Federal Housing Administration requires the home to pass. If a home does not meet the basic minimum requirements, the FHA loan will not be approved. If you are in the market to sell or are considering buying a home, these 5 home … [Read more...]
Melrose MA USDA Home Loan Options
It is a little known fact that the USDA (US Department of Agriculture) offers financing for home purchases. The mortgages can be used for properties in designated rural regions and have desirable terms and options. This article offers Melrose MA USDA home loan options. Melrose MA USDA Home Loan … [Read more...]
