24 Jan 2014
January 24, 2014

How Long Should I Wait Before Buying?


A young client called, frustrated that she hasn’t found a home that meets her needs. Her name is Julie and she is a newlywed, married this past June. She had hoped to be living in her new home by the fall. Now that the holidays have come and gone, she and her husband are starting.. read more →

19 Dec 2013
December 19, 2013

Assessing Risk – When to Buy


Assessing Risk: When to Buy My clients sometimes agonize over making decisions on buying or refinancing their homes. When is the best time to lock in the rate? If they act now, will the rate drop significantly in the coming months? Will it rise to a point where they regret not buying sooner? There are.. read more →

Five Things NOT to Do Before Refinancing or Buying Your Home One of things my clients appreciate about me is that I act as a resource for them to answer questions long before we start the mortgage application process. Many times I prevent obstacles from getting in the way of securing their mortgages. Here’s a.. read more →

Ripple Effects on Mortgages Related to the Federal Government Shutdown No matter which side of the political fence you’re on, you can’t argue that the housing market may be severely affected by the federal government shutdown. At the center of the storm is the Patient Protection and Affordable Care Act (PPACA), also known as the.. read more →

26 Sep 2013
September 26, 2013

Can You Afford a Second Home?


Can I Afford a Second Home? A friend and I recently had a conversation about her buying a second home after she spent a relaxing week on the Cape. I thought about how many clients of mine have shown interest in purchasing a second home, but were unclear about the potential risks and rewards. Here.. read more →

20 Aug 2013
August 20, 2013

Don’t Be a Victim of Bidding Wars


The High Cost of Bidding Wars We talk about leaving emotion out of the home buying process, but for many, that’s easier said than done. When people find their dream home, they get emotionally attached to it, even before their bid is approved. Emotions take over and sometimes they engage in bidding wars that significantly.. read more →

23 Jul 2013
July 23, 2013

Don’t Push the Panic Button


Don’t Push the Panic Button! Buying a new home is one of the biggest decisions you’ll make in your entire life. It’s a major investment with a 30-year commitment tied to it. So why are people pushing the panic button now that mortgage interest rates have increased? Blame it on a dangerous combination of media.. read more →

The Challenges of Self-Employed Borrowers George has a stellar credit rating, ample assets and a 30-year career. So why did banks turn him down when he applied for refinancing? Two dreaded words: self-employment. The lending industry relies upon the predictable – predictable, steady income to pay predictable debts and supporting documentation that meets predictable criteria… read more →

26 Apr 2013
April 26, 2013

Is That House Worth It?


Buyer Beware A recent article in The Boston Globe chronicled the bidding battles in the greater Boston area as too many buyers seek to buy too few homes. The Globe story tells of buyers offering tens of thousands of dollars over asking price, waiving home inspections, agreeing to flexible closing dates and making other major concessions to buy a.. read more →

28 Mar 2013
March 28, 2013

New Challenge for Jumbo Loans


Will It Be Harder to Get a Jumbo Loan? The high price of Massachusetts real estate means that it is not unusual for buyers to turn to jumbo mortgages for financing. Jumbo mortgages are loans that are larger than the “conforming limit” – the maximum loan amount that qualifies for government backing through Freddie Mac.. read more →