by Athena Paquette | Jan 27, 2019 | Blog, Home Owners
Here’s your economic news for 1.27.2019 Not all the data was available due to shut down. Here’s your economic news based on the data we did receive: Tuesday: December existing home sales were down 6.4%. Typically, bad news is good for rates. But, the east coast...
by Athena Paquette | Jan 27, 2019 | Blog, Home Owners
This is a loan that has existed since 1961. According the AAG, “The very first reverse mortgage is written to Nellie Young in Portland, Maine by Nelson Haynes of Deering Savings & Loan. Haynes designs this unique type of loan to help the widowed wife of his high...
by Athena Paquette | Mar 26, 2017 | Blog, Featured, Home Owners, Investors
True or False: When you are self-employed it’s hard to get a loan? FALSE! If you’re self-employed you’re going to LOVE this Client Success Story. This long time client watched her property go up in value in 2005, then, during the mortgage meltdown of 2008 her house...
by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Investors, Quote of the Week, Realtors
“Don’t Step over dollars to pick up pennies.” ~ Author unknown. Sometimes we do activities in our day or life where there is a very low payout for the activity (emotional or monetary), missing the opportunities for the greater payout. Do you find yourself going to 4...
by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Realtors
Client has 2 mortgage late payments and credit score goes down 100 points. But Athena, I wasn’t late! Imagine my client’s shock when they found out that 2 of their rental property loans were 30 days past due, yet they have the loan on auto-pay. Yes, it’s true. What...
by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors
The biggest news this week was that the FOMC met on Tuesday and Wednesday. Fed Chairperson Janet Yellen announced that they had voted to raise the Fed Funds rate by .25%. We the public know that as the prime rate. The markets felt great relief that they finally...
