Mortgage Rates Increasing In 2015 – What Buyers In Newton MA Should Keep In Mind

Mortgage rates have risen from the beginning of the year. Many experts believe that it is likely to do so further during 2015. This is critical information for home buyers. Mortgage rates increasing in 2015 and what buyers in Newton MA should keep in mind is provided below. Why Mortgage Rates Increasing In 2015 Are Important The calculation of your monthly payments are a reflection of your … [Read more...]

Refinancing VA Loans In Needham MA

Veterans with VA mortgages have the ability to easily refinance to a better interest rate through a special program. This is often called IRRRL which stands for Interest Rate Reduction Refinancing Loan. Any VA authorized lender can assist with this option. The following is an introduction to refinancing VA loans in Needham MA. Benefits of VA Refinancing The VA does not mandate an appraisal, a … [Read more...]

Advice On Reverse Mortgages For Newton Properties

Reverse mortgages may be a useful resource in certain circumstances. It is critical to understand the pros and cons before using this mortgage program. This blog offers advice on reverse mortgages for Newton properties. What Is a Reverse Mortgage A reverse mortgage is a specific type of mortgage that allows you to get cash for the equity in your property. However, it differs from other types of … [Read more...]

Deciding Whether To Stay In A Property During Remodeling

Are you planning to remodel your property? There are several issues to take into account prior to deciding whether to stay in a property during remodeling. The following are just a few problems with living in a property during remodeling. Enduring Disruption Every remodeling project is different and for that reason has diverse degrees of disruption. Mainly, you should reflect on your degree of … [Read more...]

How Quickly You Might Get Approved For A Mortgage Following Foreclosure And Bankruptcy In Boston MA

Experiencing bankruptcy and foreclosure will not completely exclude you from purchasing a house sometime in the future. There are particular requirements that you must know about. Below, we provide a basic understanding of how quickly you might get approved for a mortgage following foreclosure and bankruptcy in Boston MA. Home Buying Following Foreclosure A foreclosure relates to defaulting on a … [Read more...]

Safety Tips For Space Heaters

With the cold temperatures of winter, your family might be using space heaters more frequently. It is critical to take special precautions to reduce injuries and the possibility of fire. In this blog, you will find a few safety tips for space heaters. Connecting Space HeatersSpace heaters can require a lot of electricity. If your home is not sufficiently set up to run several appliances, consider … [Read more...]

Updated FHA Loan Limits For Needham

The Federal Housing Administration (FHA) reviews their loan limits on a yearly basis. Buyers must know the applicable limits and how they might fluctuate. Below is an overview of the updated FHA loan limits for Needham. Definition of FHA Loan Limits Loan limits are maximum loan values that meet the requirements of an FHA loan. The loan value is less than the purchase price. For instance, if you … [Read more...]

Reasons For Buying Brookline Homes This Year

Determining when to buy a property is not easy. You may be curious whether home prices will improve or worsen and if you are making the right decision. Unfortunately, nobody can really tell what will happen, but you can make an informed decision based on several factors. The following are some reasons for buying Brookline homes this year. Reasons For Buying Brookline Homes This Year Interest … [Read more...]

Boston Decreased FHA Mortgage Insurance Premiums beginning January 26, 2015

It was just recently published that the mortgage insurance premiums for FHA loans is lowering. This will truly help current buyers. The following are a few facts on on Boston decreased FHA mortgage insurance premiums. Beginning January 26, 2015 Boston decreased FHA mortgage insurance premiums are effective on January 26, 2015. All new FHA case numbers requested on or after that date will benefit … [Read more...]

Needham MA Single Family Property Sales Statistics For Jan-Dec 2014

The Needham MA single family property sales statistics for Jan-Dec 2014 in this blog details numbers on average sale prices, number of listings sold, and days on market for the last several years. Single Family Property Sales for Needham MA Jan-Dec Sale Price Needham MA average selling price for the Jan-Dec decreased -2.51 % from $894,240 to $871,764. This after it increased 11.46% from … [Read more...]