Monthly Archives: January 2014

BUY NOW OR WAIT? THE MORTGAGE FORECAST FOR 2014

Every prospective Eastern Connecticut homebuyer hopes to capture the best possible interest rate when applying for a mortgage loan. With the topsy-turvy housing market and general state of the economy over the past few years, lucky homebuyers have been able … Continue reading

Posted in Home Buying Process | Tagged | Leave a comment

Your Credit Score is Important!

Your credit score is important for everything you do in life, especially with the latest changes in mortgage financing (See 1/21/14 QM post). That’s why the Eastern Connecticut Association of REALTORS® will be offering three seminars in March throughout the … Continue reading

Posted in Home Buying Process | Tagged | Leave a comment

REALTORS®, CFPB to Monitor Impacts of QM Mortgage Rule

NAR has been working with federal regulators since Congress in 2010 passed massive banking reform legislation, part of which created the qualified mortgage and qualified residential mortgage rules. NAR has told regulators it will be watching to see what impact … Continue reading

Posted in Federal, Home Buying Process | Tagged | Leave a comment

2013 Eastern CT sales up, values flat

  The number of Eastern Connecticut single family sales rose 13.23% in 2013 over 2012 but the average and median sales prices were essentially flat, declining 1.40% and 2.75% respectively. Get all the data for single families, condos, multifamilies, residential … Continue reading

Posted in Home Buying Process, Home Selling Process | Tagged | Leave a comment

Frozen Pipes Are Easy To Avoid

Has the cold winter weather brought you the unpleasant surprised of a frozen pipe in your home?  If so, don’t panic, take advantage of these extreme weather conditions to trouble shoot the problem and solve it before you have property … Continue reading

Posted in Home Maintenance | Tagged | Leave a comment