NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576 | MI LICENSE: FR0023580 New Subprime-Like Bubble May Wreck Mortgage Industry Again
For 2013, things started to look up for the mortgage industry. Interest rates hit record lows, causing more individuals to consider purchasing a home. At the same time, prices began to rise reasonably. Together, these signs pointed to a slow…
Connecticut Continues to See Foreclosure Rates Rise
Over a month ago, RealtyTrac revealed Connecticut’s amount of foreclosures increased year to year, and a recent November report shows this trend hasn’t stopped. Specifically, Connecticut remains ninth for foreclosures, based on October filings for default notices, auctions, and repossessions….
15- and 30-Year Fixed Mortgage Rates Increase for Second Consecutive Week
While rates increased in September, resulting in fewer housing purchases, the under 4.5-percent interest has still been a deal for borrowers. Nevertheless, two reports from Freddie Mac indicate amounts have increased for the past two consecutive weeks, resulting in gains…
Five-Percent Mortgages and Stricter Standards: What’s in Store for Lending
What became a year of improvements continues to climb higher, including in Connecticut, where McCue Mortgage has two locations. Real estate in the southwestern region experienced growth in recent months, according to reports from the Stamford Advocate, with moderately-low rates…
Advice for First-Time Borrowers: The Differences Between Conforming and Non-Conforming Mortgages
So, you’ve taken the plunge from renting into homeownership, but from working with a Realtor® and navigating the MLS listings to finding the right place to purchase a property, terminology gets tossed around – and for a good deal of…