Is the Wait Worth the Risk?

Have you been closely watching how mortgage rates have been trending? Are you hoping for rates to drop even more before refinancing? Does it feel like now that they’ve been at historic lows, they’re bound to go down even further?

It’s possible. But it’s also possible the opposite is true and for all we know we’re at the low-point and rates could begin to creep up in the coming months.

There are those who are waiting patiently for a magical 2.5% rate. That number is firmly in their minds as the time to refinance, and even 2.51 is not enough for them to act.

There’s only one question you can ask yourself: “Do I feel lucky?” Well, do ya, punk? (Sorry, got carried away. That’s my Clint Eastwood impression. It’s much better when you can hear it. But I digress…).

You may feel lucky but the real question to ask is this: “Is gambling on your biggest investment worth the risk over something as low as an eighth of a percentage point?”

Here are more questions to consider:

  1. How much am I really saving by waiting and continuing to pay my current mortgage at the higher rate?
  2. How would I feel if I pressed my luck by waiting and rates started rising again?
  3. Is the investment in your home really the place to speculate when you’ve got an insanely low rate available right now?

Only you can answer these questions. Think about them carefully and if you’d like to chat about your options, please call me at 617-965-1236.

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 Corn Chip Day

Is it January 29th already? That can only mean one thing: It’s National Corn Chip Day!

To start your weekend off  with a crunch, we thought we’d share a great recipe for fresh guacamole. It’s great to dip your corn chips into and it’s very healthy. Avocados are a superfood you should integrate into your regular weekly produce shopping.

With Super Bowl LV a week away, here’s a great snack to serve as you wonder why the Patriots can’t sign great quarterbacks like Tom Brady of the Tampa Bay Buccaneers.

Anyway, here’s the recipe from Chef Alton Brown, starting with ingredients:

3 Haas avocados, halved, seeded and peeled
1 lime, juiced
1/2 teaspoon kosher salt
1/2 teaspoon ground cumin
1/2 teaspoon cayenne
1/2 medium onion, diced
1/2 jalapeno pepper, seeded and minced
2 Roma tomatoes, seeded and diced
1 tablespoon chopped cilantro
1 clove garlic, minced


In a large bowl place the scooped avocado pulp and lime juice, toss to coat. Drain, and reserve the lime juice, after all of the avocados have been coated. Using a potato masher add the salt, cumin, and cayenne and mash. Then, fold in the onions, tomatoes, cilantro, and garlic. Add 1 tablespoon of the reserved lime juice. Let sit at room temperature for 1 hour and then serve.

Go Pats! I mean Bucs!

January Home Improver: Fix Your Sagging Doors and Dirty Knobs

Sometimes the thing that’s nearly imperceptible to others is the only thing you see and it drives you nuts. You know what we’re talking about: that one slightly sagging cabinet door that is destroying your entire kitchen aesthetic. Your solution? It’s time for all new cabinets!

That’s one way to go. But why spend thousands when you can easily fix and restore your cabinet doors to their original look – and even dress them up a bit for a whole new look?

First, let’s look at that saggy door. The culprit is typically a loose screw that may just need to be tightened. But after a few days you may see the door sag again. That’s because the screw has damaged the wood slightly. A quick fix that might solve your problem is to buy a bottle of wood glue. Squeeze glue into the hole and then reinsert the screw. Close the door completely then reopen to wipe off any excess glue. Then close the door and stick a “Do Not Open for 24 Hours” note on it. Your cabinets should be aligned without sagging. In the event the glue isn’t getting it done because the old screw caused too much damage, try a thicker, threaded screw and repeat the wood glue method.

Now, what about those grimy old knobs? If you love them, it’s worth the effort. Remove the knobs and handles. Fill a bucket or small container with equal parts water and vinegar. Soak in the solution overnight. Then scrub and rinse before reattaching.

Bored of your knobs and in need of a fresh new look? You’d be surprised the difference it makes by switching out your cabinet hardware.