Athen Apaquette

Weekly Jobless Claims Lowest Since 1969

Weekly Jobless Claims Lowest Since 1969

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...
What is a Reverse Mortgage

What is a Reverse Mortgage

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...