by Athena Paquette | Dec 11, 2019 | Blog, Uncategorized
I love this question! Why? Because this was me – when I was 23 and self-employed I bought my first home and was of the mindset to pay off my home as soon as possible. I went further and took out an actual 15 year fixed mortgage figuring I better force myself to...
by Athena Paquette | Oct 31, 2019 | Blog, Uncategorized
In this weeks Mortgage Monday episode I go over the 5 biggest lies about FHA home loans. These include myths about FHA loan restrictions, interest rates, and closing costs.If you would like to follow the Mortgage Monday series, or just keep update with the latest...
by Athena Paquette | Aug 12, 2019 | Uncategorized
You don’t hear this one too much anymore because interest rates are so low. A wrap mortgage is where new mortgage debt is “wrapped around” an old one. This also can be called an all-inclusive-trust-deed (AITD), or seller wrap, or subject to (people call it this but it...
by Athena Paquette | Jul 30, 2017 | Uncategorized
What happens when a homebuyer is buying a beautiful ocean front condo for $850,000 and the appraiser (from the valley) says it’s worth $760,000? We go to work proving him “in error” (cleaned up language because this newsletter is PG). Yes, this appraiser thought that...
by Athena Paquette | May 6, 2017 | Blog, Featured, Uncategorized
On Monday we found out that personal incomes rose 0.2% while personal spending went down 0.1%, not good for economic growth. The Institute of Supply Management announced that the manufacturing sector contracted to 54.8% from the 57.2 in March, far below economists’...
by Athena Paquette | Mar 11, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors, Uncategorized
Mortgage rates rise .125% to .25% on the expectation of the Fed raising the prime rate, and on the stronger than expected payroll numbers… The economic news this week was thin but powerful. ADP (the payroll processing company) employment report on Wednesday stated a...
