I Was at THAT Coldplay Concert and It Got Me Thinking About Mitigating Risk

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A few photos I took from the show on July 16 at Gillette.

Yup, that concert. The one that’s been all over the news. The CEO, the HR director, the kiss cam, the fallout. I was there, and let me tell you, no one was quite sure what was going on in the few seconds they were on camera. But Chris Martin, Coldplay’s frontman, unwittingly called them out for their affair in front of 50,000 fans at Gillette Stadium.

It was one of those moments you won’t forget. Those two certainly won’t. And not in a good way.

It also got me thinking: risky behavior (and risky business) can have serious consequences, especially when you’re thinking in the moment and not the long-term. And that’s true not just in a packed stadium, but at home with your mortgage.

One of the riskiest moves? Adjustable-Rate Mortgages (ARMs). They might seem smart early on with the lower rate and lower payment. But when that fixed period ends, the rate can jump significantly. And if your circumstances have changed since you first signed the mortgage agreement, that jump can really hurt.

Over the years, I’ve worked with homeowners who’ve faced:

  • Job changes or layoffs
  • Major health issues
  • Divorce
  • Business downturns
  • Shifts in income or retirement plans

Any one of those can turn a manageable payment into a stressful situation fast.

With all the economic uncertainty these days, it’s worth taking a second look at your mortgage strategy. Sometimes, playing it safe is the smartest move of all.

A little planning now can help you avoid your own kiss cam moment—metaphorically speaking, of course.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Looking for a little summer magic next month?

The Perseid Meteor Shower is back. It’s one of the best celestial shows of the year.

It peaks around August 11–13, but with a nearly full moon that week, your best chance for spotting a shooting star might actually be in early August, especially after midnight.

You don’t need a telescope or fancy equipment. Just find a dark spot, give your eyes 20–30 minutes to adjust, and look up.

Bonus points if you’re out on the Cape, in the Berkshires, or anywhere far from the city lights.

For tips on when and where to watch, check out this Meteor shower viewing guide.

Home Improver: Breathe Easier and Save Energy with Simple HVAC Tips

Summer’s here, and your air conditioner is working overtime. So give it a helping hand.

Did you know that experts recommend changing your HVAC air filter every 1–3 months?

  • Basic guideline: swap pleated filters every 90 days
  • With pets or allergies: every 60 days (or even monthly)

Clean filters deliver big benefits:

  • Improved airflow and cooling
  • Lower energy bills
  • Better indoor air quality
  • Extended HVAC lifespan (15–20 years with regular changes)

Bonus tip: Uncover energy savings under the fridge

Dust bunnies hiding behind or beneath your refrigerator can make it work much harder. Clearing out dust from the coils or underside can reduce energy usage by up to 25%.

These simple efforts can meaningfully improve your summer comfort while cutting utility costs. Best of all, they’ll help you breathe easier.

What Is the SALT Cap and How Does It Affect Homeowners and Buyers?

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Did you know that in 2017, the Tax Cuts and Jobs Act placed a cap on how much homeowners could deduct in state and local taxes (known as SALT)? The limit was just $10,000 maximum per year.

That’s a significant shift from previous tax policy, when homeowners could deduct the full amount they paid in property taxes and mortgage interest. While the SALT cap applies to all states, it’s been especially painful in high-tax regions like the Northeast.

Good news: that cap might be getting a major adjustment, pending adjustments by the House and Senate.

Read the full analysis here.

What Does This Mean for You?

If you’re a homeowner:

You’ve probably felt the sting of the $10,000 cap on your tax deductions. If the SALT cap gets raised to $40,000, you may be able to deduct much more of what you’re already paying in property taxes and mortgage interest. This could lead to a lower tax bill and more room in your budget for other expenses.

If you’re thinking about buying a home:

A higher SALT deduction could make buying more affordable—especially in Massachusetts where property taxes run high. This kind of tax break might give you a reason to move forward sooner rather than later.

If you’re considering buying an investment property:

This could be your moment. Rental demand is still strong, and if tax rules become more favorable, it could boost your return on investment. You might even benefit from rising property values if more buyers enter the market once tax relief kicks in.

Here’s the bottom line:

Changes to tax policy can create opportunity. If you want to make the most of what’s coming, the time to plan is right now. Let’s look at the numbers together and see what makes the most sense for you once a SALT cap decision has been made official.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Cheers to the 4th of July

In preparation for your July 4th celebration, why not try a real crowd-pleaser: layered, non-alcoholic drinks for the whole family!

They’re surprisingly easy to make with one key trick.

To get those bold, clean layers, pour the drinks in order of sugar content—heaviest first. For a classic patriotic combo, try this:

  • Red (bottom layer): Grenadine mixed with 7UP – about 58g sugar.
  • White (middle layer): 7UP or Sprite – around 38g sugar.
  • Blue (top layer): Blue Powerade or Gatorade – just 21g sugar.

Pour each layer slowly over the back of a spoon to keep them separated.

You can make individual glasses (best for showing off the colors) or go big with a full pitcher—just know the layers will start to blend the moment you pour.

These drinks are perfect for the Fourth, but they’re a hit at any summer party. Just don’t forget to snap a photo or two before enjoying them with friends and family,

Have a safe and happy 4th of July!

Home Improver: Skip the Citronella This Summer. Burn Used Coffee Grounds Instead.

In last month’s newsletter, we talked about the citronella ant’s unusual smell. Ants notwithstanding, many people are not fans of citronella candles, which can be overpowering for some. While it’s a common go-to for repelling mosquitoes, many people find it too strong or just plain unpleasant.

Here’s a great-smelling, chemical-free alternative: burn used coffee grounds. This works great in your yard or on camping trips.

According to the EPA, coffee grounds contain natural compounds that are toxic to many insects, including mosquitoes. And since bugs like mosquitoes have an extremely sensitive sense of smell, they find the aroma of burning coffee grounds especially unpleasant, unlike the rest of us.

How to do it:

  1. Let your used coffee grounds dry out completely.
  2. Place them in a fire-safe bowl or on a sheet of foil.
  3. Light them with a match—just like you would with incense.
  4. Let the slow burn release a stream of bug-repelling, coffee-scented smoke.

Here’s a short YouTube video with easy-to-follow tips.

It’s simple, sustainable, and a lot more pleasant than citronella. Plus, you’re putting your morning brew to work twice.

Do You Have a Mortgage Plan?

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You Should Review Your Mortgage Plan Soon. Here’s Why.

You have a financial plan.
Maybe an estate plan.
Possibly life insurance, too.

But do you have a mortgage plan?

Most people set up their mortgage and never think about it again. But a mortgage is a long-term part of your financial life. It deserves regular attention.

Think about it. You revisit your finances and insurance when things change. Your mortgage should get the same review.

Here are three opportunities to review your mortgage plan:

1. Life Events
Marriage, growing your family, divorce, or preparing for retirement often change your financial priorities. Your mortgage should reflect that.

2. Changes in Income
A new job, raise, job loss, or side income can impact your ability to borrow or pay off your mortgage more effectively.

3. Regular Check-Ins
Even if nothing big has changed, reviewing your mortgage every year helps you stay on track and spot new opportunities. For example, one of my clients may discover she has enough equity to drop her mortgage insurance, which could save her nearly $200 a month. Another might realize her adjustable-rate mortgage is about to reset. A mortgage plan review would give her time to refinance before her payment increased.

These check-ins are quick and easy, and they can make a big difference over time.

What does your mortgage plan review involve?

  • Rate Check: Could you get a better interest rate?
  • Equity Check: Has your home gained value, and could that equity serve another purpose?
  • Product Check: Is your current mortgage still aligned with your goals?

Your mortgage needs to work for your future, not just your past.

Let’s set up a quick review. I’ll walk you through it and help you make sure your mortgage is still the right fit.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Summer Solstice

It may not feel like summer yet with cool weather and more rainy days than anyone needs. Nevertheless, the summer solstice, arriving this year on June 20, is the official kickoff of summer.

Solstice has been celebrated for thousands of years across nearly every culture. It marks the longest day of the year, when the sun reaches its highest point in the sky and daylight stretches to its fullest.

Ancient civilizations treated the solstice with great respect. In England, Stonehenge was likely aligned with the rising sun on the solstice, and people still gather there each year to welcome the light. In Scandinavia, Midsummer festivals with bonfires and maypoles are still popular.

The ancient Egyptians even timed the construction of their pyramids around the sun’s position at solstice.

It’s a time to pause, enjoy the extra daylight, and reconnect with the natural rhythms that have guided people for millennia. Happy summer!

Home Improver: Why Do My Squished Ants Smell Funny?

As you know from reading this section, from time to time we turn to science to better understand our homes. More important, we don’t shy away from the burning questions that keep homeowners like you up at night.

So let’s dive into the reason why some ants smell when you squish ’em.

If you’ve ever squashed a tiny intruder and caught a whiff of lemony furniture polish or Windex, congratulations — you’ve likely met (and murdered) the citronella ant. These ants can be pale yellow and release a citrusy odor when crushed, which is a natural defense mechanism. In ant terms, it’s basically, “You may have won the war, but you’ll never forget me.”

Despite the fancy fragrance, citronella ants are pretty harmless. They don’t sting, bite, or raid your pantry. They mostly just hang out underground, but some drop by to say hello if water is pooling anywhere in your home. Even a small amount of water collecting on a windowsill will attract them.

Now, before you go around sniffing every ant in your kitchen, know that not all odorous ants are created equal. Enter the odorous house ant: same idea, way worse smell. Think rotten coconut instead of lemon zest. Definitely not a candle scent you’ll see at HomeGoods.

So next time you notice a weird smell after a squish, you’re not losing your mind, you’re just experiencing one of nature’s weirder party tricks.

The more you know!

Mortgage Headlines Are Scary — But Here’s What They’re Not Telling You

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If you’ve been keeping up with the news lately, you’ve probably seen some worrying headlines about the housing market in Massachusetts:

There’s a common thread running through every one of these stories: Despite rising rates, market uncertainty and even fears of job loss in some industries, the cost of buying a home in Massachusetts remains high and shows little or no signs of relief.

Inventory is low and the homes that are available often see competition from multiple buyers. Waiting for prices to drop simply isn’t playing out the way so many of us had hoped.

Rising Rates, Volatility, Uncertainty

We’ve seen significant rate increases and huge swings from week to week. Rate volatility has made it harder for buyers to feel confident about when to make a move. Some have chosen to sit on the sidelines, hoping for calmer waters ahead, but in the meantime, prices haven’t budged.

Layer in concerns about inflation, potential job losses and a slowing pace of home construction. Those headlines can make anyone feel discouraged. But here’s the truth: People are still buying homes every day.

So, what’s making the difference between frustrated buyers frozen in place and successful buyers living in their dream home? Simple: it’s having the right team to guide you.

Your Team Matters More Now Than Ever

Going it alone can be a costly mistake. Getting from “we’re thinking about buying” to “we’re moving in” takes more than just checking Zillow and hoping for the best. It takes strategy, coordination, and the help of professionals who know how to navigate through the stress, distractions and curveballs involved in the homebuying process.

That’s why your success depends on having the right people by your side:

  • A skilled realtor who understands the local market and helps you craft winning offers without overpaying
  • A professional mortgage broker (like me!) who can help you find and lock in the best financing option for your situation—and keep an eye on rates so you don’t have to
  • An experienced closing attorney who makes sure your paperwork is solid and your deal closes smoothly
  • Reliable movers and organizers who help reduce the stress of the transition so you can focus on your next adventure in life

It’s not about finding any house. It’s about finding the right house, with a plan that makes sense for your finances.

Don’t Let the Headlines Decide for You

Listen, the headlines aren’t wrong. There are real challenges in today’s market. But waiting for the “perfect moment” could mean missing out entirely.

If you’re feeling unsure about whether this is the time to buy, let’s talk. I’ll help you understand your options, explore creative solutions, and make a plan that works—even in a market that feels unpredictable and scary.

When you’re ready, I’m ready.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

National Barbecue Month

With Memorial Day just a month away, and the weather finally warming up here in New England, there’s no better time to fire up the grill. While many people associate barbecue season with the height of summer, May is actually National Barbecue Month.

It’s the official kickoff to outdoor cooking, backyard get-togethers, and all things grilled and smoked.

Here are four ways to ease into grilling season:

  • Keep It Simple: You don’t have to overcomplicate things. A good marinade, some fresh vegetables, and quality meats or plant-based options can go a long way. Even basic burgers and hot dogs feel special when shared outdoors.
  • Try New Ideas: Never grilled pineapple before? Curious about smoked salmon? National Barbecue Month is the perfect excuse to experiment with flavors, rubs, and recipes.
  • Prep Your Grill: Before you host that first cookout, take a minute to clean your grill, check the propane or charcoal supply, and make sure your tools are in good shape.
  • Side Dishes: Great barbecue also means fresh salads, corn on the cob or a watermelon slice to round out the meal and keep things simple.

So go ahead and invite a few friends. Keep the menu relaxed and enjoy the start of grilling season in May!

Home Improver: Is It Time To Check Your Homeowner Insurance Coverage?

When was the last time you took a close look at your homeowner insurance policy? If it’s been more than a year, or if you can’t even remember, you’re not alone. But with rising construction costs, supply chain issues, and inflation still making headlines, it’s important to make sure your coverage is keeping up.

Many homeowners set up their policy at closing and never revisit it. The problem? A lot can change in just a few years. The cost to rebuild your home may have gone up. You might have made improvements like finishing a basement, updating a kitchen or adding solar panels. Or maybe you’ve acquired higher-value personal items like jewelry, artwork or electronics. If your policy hasn’t been updated to reflect these changes, you could be underinsured. That could lead to financial stress in the aftermath of unfortunate events.

Here are a few key questions to ask when reviewing your coverage:

  • Does your policy reflect the current cost to rebuild your home (not just the market value)?
  • Have you added or upgraded anything that should be included in your coverage?
  • Are your personal belongings adequately protected (especially high-value items)?
  • Do you understand your deductible and any exclusions in your policy?
  • Do you have coverage for additional living expenses if you’re displaced during repairs?

An annual check-in with your insurance agent is a smart move. They can help you assess whether your coverage is still a good fit for your home, your belongings, and your peace of mind.

Don’t wait until you need your insurance to find out if it’s enough. Take a few minutes now to review your policy, ask questions, and make sure your home—your biggest investment—is fully protected.

Navigating Housing During Hardship and Uncertainty

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If you’ve been feeling uneasy (and maybe a little queasy) about making big financial decisions lately, you’re not alone. With ongoing uncertainty in the economy and shifting policies from the new administration, many Americans are thinking twice before locking in major expenses. This is especially true when buying a home.

Tariffs and Rising Home Prices

One major factor causing hesitation in the housing market is the ripple effect of new tariffs, especially those on raw materials. Higher costs for essentials like lumber and steel directly impact new home construction, driving up prices and reducing supply. This means buyers are not only contending with interest rates but also with a market where homes may cost more than expected.

Caution Doesn’t Mean Inaction

It’s important to remember that uncertainty doesn’t mean paralysis. In fact, it’s still a good time to buy, provided you do so safely and wisely. The key? Having the right team around you.

Too often, homebuyers try to go it alone, especially when it comes to shopping mortgage rates. They chase the lowest rate they can find online, without realizing that the best deal on paper may not be the best fit for their actual financial picture.

It’s About More Than the Rate

Your mortgage isn’t just about the rate. It’s about terms, fees, flexibility and how well the loan aligns with your income streams. You have to consider salary, bonuses, commissions, or variable self-employed income.

That’s why working with a qualified mortgage broker like me, along with a trusted real estate agent and an experienced financial advisor is so critical. We help you look beyond the rate and into the full scope of your unique financial reality.

Build a Team That Knows Your Strategy

When your team understands the nuances of your financial picture, they can help you make decisions that won’t keep you up at night — decisions that hold up even in a shaky economy.

Think of it this way: navigating the current housing market is like sailing in unpredictable waters. You need an experienced crew, a good map, and a realistic destination. That doesn’t mean you don’t set sail—it just means you prepare before you get going.

A Smart Move in a Shifting Market

Despite the volatility, the housing market still holds opportunity. Rates are still affordable, and homeownership continues to be one of the best long-term investments you can make. If buying a home is part of your broader financial strategy, don’t let uncertainty scare you off. Just make sure you’re moving forward fully informed with a support system that knows how to steer the ship. (OK, I promise I’m out of sailing metaphors!)

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Spring Is Finally Here!

And with it comes a sense of renewal, energy and (hopefully) some sunshine between April showers. It’s the season for planting gardens, tackling spring cleaning projects, and cheering on the Red Sox (who are looking pretty good this year for a change).

In this issue, we’re talking about navigating the housing market in uncertain times. While the weather may be warming up, the economy is still throwing a few curveballs.

Our April Home Improver offers a quick guide to growing tomatoes for all you green thumbs (or aspiring ones).

As always, we’re here to help you make smart, informed decisions, whether you’re planting a garden, buying a home, or both.

Let’s make the most of the season ahead!

Home Improver: Getting Started Growing Tomatoes

Tomatoes are a spring/summer favorite for Massachusetts gardeners, but timing and variety are the keys to a successful harvest. Because our last frost typically falls between late April and mid-May, it’s best to start tomato seeds indoors in late March or early April. If you’d rather skip the seed-starting process, buying seedlings or starters from a local nursery in May is a reliable way to go.

Once the danger of frost has passed, usually after Mother’s Day, you can transplant your tomatoes outdoors. Choose a spot with full sun and well-drained soil, and don’t forget to harden off your plants by gradually introducing them to outdoor conditions over 7–10 days.

For Massachusetts gardens, some of the best tomato varieties include:

  • Early Girl: dependable and quick to mature
  • Celebrity: disease-resistant and great for slicing
  • Sungold: sweet, orange cherry tomatoes that thrive in short seasons
  • Brandywine: pictured above, a classic heirloom with rich flavor (requires more space and time)

Tomatoes love warmth, so wait for soil temps to hit at least 60°F before transplanting. Give them plenty of support with cages or stakes, water consistently at the base, and enjoy fresh, homegrown tomatoes from mid-summer through early fall.

Mortgage Rates Have Dropped Below 7%—How You Could Actually Pay More for Your Home

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For the first time this year, mortgage rates have dipped below 7%, and are now sitting at 6.75%. While this may sound like a great opportunity to save, the reality is that low housing inventory is keeping prices high. Even as rates fluctuate, the cost of available homes continues to climb.

Why Waiting Could Cost You More

Many buyers hold off on purchasing in hope for even lower interest rates. But here’s the catch: home prices are still rising. If you wait for rates to drop further, you could still end up paying more for the same house. Even with a slightly better rate, a more expensive home could mean a higher monthly payment overall.

The Power of Buying Now

In a previous newsletter we talked about the phrase, “You date the rate, but marry the house.” This means your mortgage rate isn’t forever—you can always refinance when the time is right. But the price you pay for a home today locks in your cost before prices climb even higher.

Here’s why taking action now can be a smart financial move:

  • Start building equity sooner – Every mortgage payment helps you own more of your home, rather than paying rent with nothing to show for it.
  • Secure your home at today’s price – Even if rates decrease, rising home prices could offset those savings. Buying now gets you in the market before homes become even less affordable.
  • Refinancing is always an option – If rates go down significantly, you can refinance to take advantage of lower payments in the future.

Let’s Talk About Your Options

If you’re thinking about buying a home, the best move is to understand your financing options now. Let’s meet and discuss what’s possible for you. Debbie can help you find the right mortgage solution so you can move forward with confidence.

Call Debbie today to get started!

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

What’s In a Word?

We New Englanders may have just survived the “dead of winter,” but did you know that the word “mortgage” literally means “death pledge”?

While it sounds ominous, the term comes from Old French and Latin roots. “Mort” meaning death and “gage” meaning pledge or commitment.

It originally referred to a loan that “died” once it was fully paid off or foreclosed.

Thankfully, modern homeownership isn’t nearly as grim. Instead of a lifelong burden, a mortgage is an investment—a path to building equity, stability, and financial growth.

Now as the snow melts and spring markets heat up, it may be time to embrace a mortgage for what it truly is: a long-term commitment to something worth holding onto.

Home Improver: What Are Silverfish and How Do We Get Rid of Them?

If you’ve ever flicked on a light and spotted a shiny, fast-moving, wriggling insect darting across the floor, chances are you’ve encountered a silverfish. These prehistoric pests have been creeping around for over 400 million years—and unfortunately, they don’t mind making themselves at home in yours.

What Are Silverfish?

Silverfish are small, wingless insects with slender, teardrop-shaped bodies covered in silvery scales. They move with a distinctive, wiggling motion—almost like a fish swimming—hence the name. (You didn’t really think they were fish, did you? Fine, maybe we did too.) Typically, they measure around ½ to ¾ of an inch long, with long antennae and three bristle-like appendages sticking out of their tails, making them look even more unsettling.

Why Are They So Gross?

Let’s be honest—silverfish aren’t just pests, they’re nightmare fuel. Their metallic sheen, eerie movements and tendency to scurry out of dark corners make them a deeply unwelcome sight in any home. And because they thrive in damp, dark places, you’re most likely to find them in bathrooms, basements, closets and attics—often lurking in bookshelves, pantries, or even your favorite old photo albums.

How Do You Get Rid of Silverfish?

Let’s face it. Silverfish are survivors, and they can live for years while feasting on everything from paper and glue to clothing and food crumbs. The good news? There are several effective ways to get rid of them:

  1. Reduce Humidity: Silverfish love moisture, so use a dehumidifier in damp areas like basements, bathrooms, and laundry rooms. Fix any leaky pipes or faucets to cut off their water supply.
  2. Declutter & Seal Up Food Sources: These pests feed on starches, including books, wallpaper glue, cardboard, flour, and even sugar. Store food in airtight containers, vacuum regularly, and avoid leaving piles of paper or cardboard boxes sitting around.
  3. Use Natural Repellents: Diatomaceous earth (DE) is a natural powder that kills silverfish by dehydrating them. Sprinkle it along baseboards, in cabinets, or in other problem areas. Cedar shavings, cinnamon, and citrus peels can also deter them.
  4. Set Traps: Sticky traps work well for capturing silverfish. You can also make a DIY trap using a jar with a starchy bait (like flour or cereal) and wrap the outside in tape. They’ll crawl in but won’t be able to climb back out.
  5. Call Pest Control If It’s Bad: If you’re dealing with a full-blown infestation, professional exterminators can help eliminate silverfish for good.

Good Riddance

Once you’ve gotten rid of silverfish, prevent their return by keeping your home dry, clutter-free and well-sealed. Store books, documents, and seasonal clothing in plastic bins instead of cardboard. Vacuum regularly to remove crumbs and dust that might attract them.

How Might Trump Affect Housing Prices?

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The new administration is moving quickly to introduce changes in Washington, with President Trump signing a number of executive orders that could have a major impact. One of these orders focuses on making housing more affordable—an issue many Americans have been hoping for. However, the order did not provide many details on how this goal will be achieved beyond mentioning that government regulations contribute to construction costs. Experts believe the administration could reduce or remove certain energy efficiency rules for housing, which could help lower building expenses.

The administration has also appointed new leaders for important housing agencies, but so far, it hasn’t outlined a clear long-term strategy for addressing housing and mortgage concerns. While there is hope that future measures will prioritize home affordability, the specifics of these actions remain uncertain. Some experts warn that other executive orders, like stricter immigration policies, could create challenges by reducing the labor supply for construction, which might increase costs for builders and limit potential savings.

The president has also expressed interest in lowering interest rates to boost economic activity. However, on Wednesday, the Federal Reserve decided to pause its rate-cutting campaign, holding rates steady at a range of 4.25% to 4.5%. The Fed cited ongoing uncertainty related to inflation and the president’s policies on trade and immigration.

Officials indicated they plan to take a “patient” approach, waiting for more data on the economy, inflation and the impact of policy changes before making further decisions. While inflation has eased, concerns remain about how tariffs on imports and changes to immigration policy could affect consumer prices and economic stability.

Industry experts are watching closely to see how regulatory changes, labor costs and potential shifts in interest rates will play out in the coming months. While there is optimism that some measures will ease housing challenges, the housing and financial markets are in a wait-and-see mode, navigating uncertainty as new policies take shape.

And, of course, this takes us back to last month’s article about the futility of waiting for the right moment.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Nation Library Lover’s Month

Libraries have evolved with the times. They’ve become trusted community hubs offering knowledge, connection, and opportunity.

During National Library Lovers’ Month, we celebrate their role in empowering individuals and strengthening communities. Here’s why.

  1. Access for All: Libraries break down barriers by offering free access to books, technology, and information for anyone—regardless of income or background. Did you know you can use your library card to download free audiobooks with the Libby app?
  2. A Gateway to Lifelong Learning: From children’s story hours to adult literacy programs and online research databases, libraries cater to learning at all ages.
  3. Community Connection: Most libraries host local events, book clubs and job search workshops.

Let’s give our local libraries the recognition they deserve in February and throughout the year!

Home Improver: Top 3 Best Uses for Baking Soda

We all know by now that baking soda is a magical ingredient that goes far beyond baking. It’s a household superhero with endless practical uses. Here are three of the best ways to put this natural, budget-friendly product to work around your home:

  • Deodorize and Freshen Spaces: Sprinkle baking soda in your fridge, trash cans, or shoes to neutralize odors. Its odor-absorbing power works wonders in keeping spaces smelling fresh without artificial scents.
  • Natural Cleaning Power: Create a paste with water to scrub sinks, tubs, and countertops. It’s gentle on surfaces but tough on grime and stains, making it a safer alternative to harsh chemicals.
  • Unclog and Freshen Drains: Pour half a cup of baking soda followed by vinegar down the drain. Let it bubble for 15-20 minutes, then rinse with hot water. This combo breaks down clogs and keeps drains odor-free.

With baking soda in your pantry, you’ve got an eco-friendly solution on hand to tackle many of your home’s little challenges!

2024 Mortgage Year in Review and One Big Lesson Learned

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What a year! I’ve had countless conversations over the past 12 months with my Westchester Mortgage clients who have been waiting for a significant drop in rates. But those who stayed on the sidelines waiting for “the perfect moment” have missed their chance to secure their dream home this year. Let’s have a look back on 2024, review the year in mortgage rates and discuss the one big lesson we can take into 2025.

Mortgage Rates in 2024: Stability Amid Uncertainty

Contrary to what many expected, mortgage rates didn’t see wild swings this year. The year began with the 30-year fixed mortgage rate averaging 6.64%, peaked mid-year at just over 7%, and settled back down to 6.69% this month. While rates were higher than what we saw a few years ago, the fluctuations were minor in the grand scheme of things. Here’s a breakdown of monthly averages:

Monthly Average 30-Year Fixed Mortgage Rates in 2024:

  • January: 6.64%
  • February: 6.81%
  • March: 6.82%
  • April: 6.97%
  • May: 7.06%
  • June: 6.93%
  • July: 6.82%
  • August: 6.50%
  • September: 6.18%
  • October: 6.43%
  • November: 6.80%
  • December: 6.69%

This consistency surprised many, particularly during an election year. Historically, election years can create uncertainty in the housing market, with buyers wondering if political changes will impact rates or affordability. However, 2024 showed little evidence of election-related volatility affecting mortgage rates. The help this year came not from presidential stump speeches, but from the Fed’s rate cuts, which always create the greatest impact.

The One Big Lesson: “You Date the Rate And You Marry the Home”

For those who spent 2024 waiting on the sidelines for a major drop in rates, the year’s lesson is this: the perfect time to buy isn’t decided by rates alone. There’s a saying in our business: “You date the rate and marry the home.” This means falling in love with and committing to your dream home for the long term, rather than fixating on finding the absolute lowest rate.

Rates can change, but the right home for you won’t always be available. And remember, there’s always the option to refinance later if/when rates improve.

Many potential homebuyers now find themselves looking back and realizing they could have moved forward months ago. Instead of waiting, those who purchased their homes in 2024 are now settled, building equity, and ready to take advantage of future refinancing opportunities. Look at the rates above: In January, the rate was 6.64 and now it’s 6.69. That’s a difference of just five one-hundredths of a percent — almost exactly where we started the year.

Looking Ahead to 2025

As we head into the new year, the market may continue to stabilize. While rates aren’t guaranteed to drop dramatically, they also aren’t expected to rise sharply. The key is to focus on what you can control: identifying the home that’s right for you and creating a financial strategy that supports your goals. I’m here to help you navigate the market and find the best path forward.

Let’s make 2025 the year you stop waiting and start living your dream. Reach out today, and let’s explore your options together!

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Happy Holidays

This year, Christmas and the first night of Hanukkah coincide, creating a unique celebration for those who observe one or both holidays.

Christmas and Hanukkah overlap occasionally due to the differences between the Gregorian calendar, which governs most of the world’s holidays, and the Hebrew calendar, which sets the dates for Jewish holidays. The Hebrew calendar is “lunisolar,” meaning its dates shift annually in relation to the Gregorian calendar. As a result, Hanukkah can fall anywhere from late November to late December, with occasional overlaps with Christmas Day.

Here are the last three times Christmas and Hanukkah aligned:

  • 2016: The first night of Hanukkah fell on December 24, with the second night on Christmas.
  • 2005: The first night of Hanukkah coincided directly with Christmas.
  • 1978: The first full day of Hanukkah was on Christmas.

To everyone celebrating, may your homes be filled with light, love, and togetherness. Happy Hanukkah and Merry Christmas to all!

Home Improver: Dog-Safe Ice Melt: Protect Your Pups!

As temperatures drop and icy sidewalks and driveways become a hazard this winter, it’s important to choose ice melt products that are safe for your furry friends. Many traditional de-icers contain chemicals like sodium chloride or calcium chloride, which can irritate your dog’s paws and potentially cause harm if ingested. We have found some pet-safe alternatives that keep pathways clear without putting your pup at risk.

What to Look For in Dog-Safe Ice Melt

Pet-friendly ice melts typically use gentler ingredients like magnesium chloride or urea, which are less likely to irritate paws or cause digestive issues if your dog happens to lick their feet after a walk. Look for products explicitly labeled as “pet-safe” and check the ingredients list to ensure there are no harmful additives.

Tips for Winter Safety

  1. Use Sparingly: Even pet-safe ice melts should be used in moderation to minimize residue.
  2. Protect Paws: Consider using paw wax or dog booties to shield your dog’s feet from ice, snow, and de-icer.
  3. Wipe Paws After Walks: Always clean your dog’s paws after they’ve been outside to remove any potential irritants.

Recommended Products

Some popular dog-safe ice melt brands include:

Consider choosing the products that keep your dog safe and comfortable throughout the winter months. Your pup’s paws will thank you!

FICO® Scores and Credit Ratings: What They Mean for Your Mortgage

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When it comes to your credit, it’s important to understand the difference between credit bureau ratings and FICO scores—two critical components in determining your mortgage eligibility. While they’re related, they serve different purposes and are calculated differently.

  • Credit Bureau Ratings: These come from the three major credit bureaus—Equifax, Experian, and TransUnion—which collect and maintain your credit history. They don’t assign a specific “rating” themselves but provide the raw data (like payment history, balances, and account age) that lenders and scoring models use.
  • FICO Scores: FICO stands for Fair Isaac Corporation. These are specific credit scores calculated using your credit data from the bureaus. FICO uses its proprietary algorithm to evaluate your creditworthiness on a scale of 300 to 850, with higher scores indicating lower credit risk.

While credit bureau reports summarize your financial activity, FICO scores are what lenders typically rely on to assess risk and determine mortgage terms.

FICO Score Versions: What You Need to Know

FICO scores come in multiple versions, including FICO 8, FICO 9, FICO 10, and FICO 10T:

  • FICO 8: Most widely used, focusing on credit card utilization and ignoring small collection accounts under $100.
  • FICO 9: Adds improvements like reduced impact of medical debt and factoring in rental history (if reported).
  • FICO 10/10T: Introduced in 2020, with FICO 10T analyzing “trended data” over 24 months to assess long-term credit behavior.

Note: Mortgage lenders often rely on older FICO models, like FICO 2, 4, or 5, specific to each credit bureau.

FICO Score Ranges and What They Mean

FICO defines its score ranges as follows:

  • 300–579: Poor
  • 580–669: Fair
  • 670–739: Good
  • 740–799: Very Good
  • 800–850: Exceptional

Lenders pull reports from all three bureaus, and your FICO score determines how attractive your loan terms will be. Scores in the good range (670–739) qualify for most mortgages, while very good (740–799) and exceptional (800–850) scores unlock the best rates and terms.

Why It Matters

Understanding the distinction between credit bureau data and FICO scores is crucial for preparing your mortgage application. A strong FICO score based on reliable bureau data can save you thousands of dollars in interest over the life of a loan. To improve your score, pay bills on time, keep balances low, and monitor your credit reports for errors.

Credit Card Score Services and Free Credit Reports

Many people monitor their credit scores using free services like Credit Karma, which provide access to your credit data and scores based on the VantageScore model. While these tools are helpful for tracking changes in your credit and identifying potential issues, they may not use the FICO scoring model, which is the one most mortgage lenders rely on.

Additionally, under federal law, you are entitled to one free credit report annually from each of the three major credit bureaus—Equifax, Experian and TransUnion—through AnnualCreditReport.com. This report does not include your FICO score but provides a detailed look at your credit history to help you spot inaccuracies or signs of fraud.

If you want to access your FICO score, some banks and credit card issuers offer it for free to their customers, or you can purchase it directly from FICO’s website. There is a free option but it is limited to only one bureau.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Happy Thanksgiving

As Thanksgiving approaches, it’s the perfect time to pause and reflect on the things that bring warmth and meaning to our lives.

  • Gratitude isn’t just about the big milestones, although they are certainly worth celebrating.
  • Thanksgiving is also in the small, everyday moments we sometimes take for granted: a kind word, a shared laugh or the simple comfort of being with those we care about most.
  • Let this season be a reminder to cherish what we have, appreciate those around us, and carry a spirit of thankfulness into every day.

Wishing you and your loved ones a warm and joyful Thanksgiving!

Home Improver: 5 Ways to Fix Drafty Doors and Windows Without Spending a Fortune

Drafty doors and windows can make your home chilly and drive up energy bills. But you don’t need to break the bank to solve this problem. Here are five affordable and effective ways to keep the cold air out:

  1. Weather Stripping: Apply adhesive weather-stripping tape around door and window frames. This simple solution seals gaps and stops drafts, making your home more energy-efficient.
  2. Draft Stoppers: Use draft stoppers or “door snakes” at the base of doors to block cold air from creeping in. You can even make your own using fabric tubes filled with rice or sand.
  3. Window Film Kits: Install insulating window film kits for a quick fix. These films create a barrier against drafts and are easy to apply with a hair dryer.
  4. Thermal Curtains or Drapes: Hang thick, insulated curtains or drapes over windows to block drafts and keep the warmth inside. They’re a stylish and functional way to improve energy efficiency.
  5. Rope Caulk: Seal small gaps in older windows with rope caulk, pictured above. It’s pliable, easy to apply, and can be removed without damage once the weather warms up.

With these simple and cost-effective methods, you can stay cozy while cutting down on energy costs. A few small changes can make a big difference!

How Our Next President Could Impact the Housing Market

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The 2024 presidential election could affect mortgage rates and the housing market through new policy approaches. Even though the Federal Reserve remains the primary influence on interest rates, our next president’s economic and housing strategies could have an impact on housing supply, regulations and affordability.

This has been a stressful election cycle for many, so we’ll leave the names out and focus on what could help or hinder homebuyers in 2025.

If the Democratic candidate wins: Housing initiatives would likely focus on affordability and supply, with a commitment to build three million new homes over four years. This approach aims to alleviate housing shortages and address affordability concerns. Additional down payment assistance programs may also encourage homebuying. However, stimulating demand without fully addressing supply constraints could keep home prices elevated in the short term, particularly if construction timelines are delayed.

If the Republican candidate wins: Deregulation may be prioritized to encourage housing development and reduce construction costs. Policies might include easing restrictions on land use and incentivizing builders to increase housing stock, which may relieve supply issues more directly. Potential changes to government-backed mortgage entities, such as Fannie Mae and Freddie Mac, might also impact lending terms, depending on shifts in oversight. While this approach seeks to promote market-driven solutions, the implications for affordable housing programs could vary based on broader economic conditions​.

Remember to cast your vote! In addition to the presidential election, Massachusetts also has an important senate race and ballot questions to be voted on. Early voting is open throughout the state, including this weekend.

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Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.

Halloween & Election Day

This year, we get a double feature: Halloween treats today, followed just five days later by Election Day.

As you’re carving pumpkins and handing out candy, it’s also a perfect time to consider what changes could be on the horizon for mortgage rates and housing.

Just as Halloween brings surprises, the days ahead may hold a few twists for homeowners and buyers alike.

Keep the spirit lighthearted and the stress to a minimum. Both Halloween and election season promise to keep things interesting!

Home Improver: Last-Minute Halloween Decoration Ideas

If Halloween has crept up on you, don’t worry—there’s still time to transform your home today with some easy, last-minute ideas to make your home trick-or-treater-friendly.

Switch to Orange Light Bulbs

A simple way to make your house look hauntingly festive is to replace your outdoor lights with orange bulbs. Orange lighting casts a warm yet eerie glow that’s perfect for Halloween night, creating instant atmosphere without much effort. Swap out the bulbs on your porch or in landscape fixtures, or even add a couple of string lights around doorways to illuminate your entryway.

Hanging Spiderwebs and Creepy Cloth

Nothing says Halloween like cobwebs and creepy cloth! Pick up a few bags of stretchy spiderweb material or black gauze cloth from any craft or dollar store, and drape them over bushes, railings, and doorways for a look that’s creepy yet welcoming. For an added touch, throw in a few plastic spiders or bats in the webbing or cloth to amp up the scare factor. This decoration is quick, simple, and can be as extensive or minimal as you want.

DIY Ghost Lanterns

This takes a little effort if you have the time. Create spooky lanterns using everyday items like empty jars. Clean out the containers, then paint or tape on simple ghost faces. Place LED candles or battery-operated lights inside to give them a glowing effect. Line them up along your porch steps or windowsills for an extra bit of ghostly charm.

There’s no need to be the unfun Halloween house on your street today. Grab some supplies, set up your space and get ready to show off your spooky holiday atmosphere without much hassle.