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Posts Tagged ‘boston mortgage’

Some Basic Borrowing Guidelines for First Time Home Buyers and Condo Purchasers

January 7th, 2010 by Nick Warren

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.  [...]

Posted in:  Mortgage Market, Mortgage Rates   |   Tags: , , , ,   |   No Comments

Warren Residential Partners with Prospect Mortgage as Preferred Lender

October 29th, 2009 by Nick Warren

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 [...]

Posted in:  Mortgage Market, Mortgage Rates   |   Tags: , , ,   |   No Comments

Which Way Are Boston Mortgage Rates Headed?

August 27th, 2009 by Nick Warren

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 [...]

Posted in:  Brian Cavanaugh, Mortgage Rates   |   Tags: , , , , ,   |   No Comments

Boston Condo Lending Tightening – Effecting Even Highly Qualified Buyers

May 25th, 2009 by Nick Warren

Condominium lending has become tight to say the least.  When my agents are selling Boston condos they tell me the biggest reason why deals fall apart is because of financing.  Even with a pre-approval, a big down-payment and good credit, many borrowers are finding closings to be delayed or not possible because of the property [...]

Posted in:  Mortgage Market   |   Tags: , , , ,   |   No Comments

Bank of America Retires “Countrywide” Name and Rebrands as Bank of America Home Loans

April 27th, 2009 by Nick Warren

Photo Courtesy of the LA Times
As of today, Bank of America has officially retired the Countrywide Home Loans brand which they acquired about 10 months ago and re-branded their mortgage division as “Bank of America Home Loans”.
Countrywide was formerly the nations largest home lender but recently met its demise do to its aggressive sub-prime lending [...]

Posted in:  Mortgage Market, My Thoughts   |   Tags: , , , , ,   |   1 Comment

Mortgage Rates Likely to Drop to 4.5%

February 9th, 2009 by Nick Warren

Looking to buy a Boston Condo?  Well, if you have good credit, a stable job, and a decent down payment then this might be one of the best times to do so.  Rates are currently around 5% for a 30 year fixed conforming loan which is amazing but it could get even better.
Rumor has it [...]

Posted in:  Mortgage Market, Mortgage Rates   |   Tags: , , , , ,   |   No Comments

 
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