Markets In A Minute

December 15, 2020
Author: New England Home Mortgage
Please enjoy this quick update on what happened this week in the housing and financial markets.‍
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New FHA Limits In 2021

December 8, 2020
Author: New England Home Mortgage
The Federal Housing Agency (FHA) has just increased the amount of money that can be borrowed through its mortgage programs by nearly $25k in most areas. In high cost locations, the increase is even greater. New limits will take effect in 2021.
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2021 Conforming Loan Limits

December 1, 2020
Author: New England Home Mortgage
There could be savings on the table for you and we don't want you to miss it! The Federal Housing Finance Agency (FHFA) has just increased the amount of money that can be borrowed through a standard home loan to almost $550K. In some areas, the limit is even higher. New limits will take effect in 2021.
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Rent to Mortgage

October 27, 2020
Author: New England Home Mortgage
This Rent to Mortgage calculator will help you see how much home you may be able to purchase for a payment that’s comparable to what you’re paying now.
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Check out housing's recovery.

September 29, 2020
Author: New England Home Mortgage
Recent data shows that housing is leading the overall economic recovery with a V-shaped curve. What does that mean?
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With the improving economy, interest rates are on the rise.

September 22, 2020
Author: New England Home Mortgage
Is there an upside to higher rates? Sure. The same economic changes that bring higher rates bring higher home values, too!
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Federal Housing Finance Agency (FHFA) “adverse market conditions” fee delayed

September 1, 2020
Author: New England Home Mortgage
With little notice, the Federal Housing Finance Agency (FHFA) recently imposed an “adverse market conditions” fee on refinance transactions, beginning almost immediately. As you might imagine, it caused an uproar among mortgage lenders, borrowers and consumer groups.Now, the FHFA has announced it will delay the implementation of this fee until December 1st.
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Are you tired of waiting?

August 18, 2020
Author: New England Home Mortgage
Do you wish the government would go ahead and send another round of stimulus checks? Or are you concerned you may not qualify for the payment if it’s approved?For most homeowners, there’s no need to wait.
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Top 5 Different Types of Houses – Pros and Cons

August 11, 2020
Author: New England Home Mortgage
From condos to co-ops, other types of houses offer benefits that many people overlook. To help you find the right fit for you and your family, here’s a look at the most common types of houses and the potential each type offers home buyers.
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Rates Below 3 Percent

July 21, 2020
Author: New England Home Mortgage
You have probably heard about low mortgage interest rates for a while, and you’ve probably even heard about the “historically low rates” before. Now, a weekly industry survey by Freddie Mac, the government-sponsored mortgage enterprise, is reporting an average 2.98% on a 30-year fixed-rate mortgage.
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Mortgage Planning

July 14, 2020
Author: New England Home Mortgage
For most people, the only possible mortgage plan is to pay it off as quickly as possible. There's nothing wrong with this attitude in general, but did you know there are many situations where an early payoff may not be best?
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Do you have pristine credit?

July 7, 2020
Author: New England Home Mortgage
Are you searching for a new home?
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Look past the price tag!

June 30, 2020
Author: New England Home Mortgage
Did you know that price may not be the most important number to consider when you’re shopping for a home?
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What’s behind the rate moves?

June 23, 2020
Author: New England Home Mortgage
We like to let you know when the Fed changes policy rate targets. That’s not what happened at their June meeting, but mortgage rates fell again anyway. How did we get so lucky?
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Are you looking for something good today?

June 16, 2020
Author: New England Home Mortgage
In the midst of recent and ongoing crises, parts our lives have seemed to stand still for a moment. Yet at the same time, winds of change in the markets have created conditions that may allow you to discover the rainbow after the storm.
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