Warren Residential Group Blog – Boston Real Estate Blog

For those looking to purchase Boston Real Estate, now may be the time to do it, as mortgage rates have hit a historically low level.  According to Freddie Mac, for the first time since 1991, mortgage rates have fallen below the 4% line, with the average rate on the 15-year fixed loan at 3.95 %. [...]

According to an article released by the Boston Globe on Tuesday, the Massachusetts housing market started more foreclosures this past April than it did in 2009. This occurred despite the fact that the housing market is in fact improving.
There is reportedly a whopping 21% jump in foreclosure petitions – which are the first step in [...]

If you’re buying a home right now, things are looking good: Interest rates are low, and housing prices around Boston, while not total bargains, are overall considerably lower than they were at their peak in 2005.
I thought that with the sales season under way, that I would share some tips for home purchase and ownership:
1. [...]

Here’s some good news for people who’ve had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to avoid foreclosure: You may not have to wait the typical four or five years to re-qualify for financing to buy another home.
Instead, it could [...]

Clients always ask me about mortgages.  They ask:  What is the current rate?  How much of a loan can I get?  Etc., Etc.  Well, the answer is that there really is no one answer for those questions.  There are so many variables that come in to account that it is impossible to give solid answer.  [...]

We at Warren Residential Group are proud to announce our partnership with Christina Longo - Sr. Loan Officer at Prospect Mortgage Company.
We partnered with Christina/Prospect Mortgage because she has shown us – even in this changing credit environment - that she is a valuable resource to our clients and at Warren Residential Group it a priority that our clients [...]

This is in thanks to Brian Cavanaugh at Wells Fargo:
I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey may point you in the right direction.
The Bankrate.com survey is for conforming mortgages only. It is not specific to Cincinnati, nor does not apply to FHA mortgages, VA mortgages, jumbo [...]