December 15, 2020

Author: New England Home Mortgage

Please enjoy this quick update on what happened this week in the housing and financial markets.‍

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.

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.

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.

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?

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!

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.

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.

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.

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.

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?

July 7, 2020

Author: New England Home Mortgage

Are you searching for a new home?

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?

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?

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.