by Athena Paquette | Mar 19, 2016 | Blog, Home Owners, Investors, Realtors
You cannot buy an ugly house with a minimum down payment. FALSE! We have a program that allows you to buy a home with 3.5% down and build in the cost of fix up or expansion. Imagine the neighborhood you love only has 3 homes for sale, and the only one that doesn’t...
by Athena Paquette | Mar 12, 2016 | Blog, Home Owners, Investors, Realtors
This week’s update is from one of the economic analysts I follow, Larry Baer. He mostly deals with the gyrations of the bond market and its effect on mortgage rates. He dings me by text with updates starting at 5:30 am daily on days when bond market is trading. What...
by Athena Paquette | Mar 12, 2016 | Blog, Home Owners, Investors, Realtors
I love helping people find solutions! I had a young man come in to get qualified for a mortgage because he was about to inherit a home. Actually, he had already inherited it, had been living there, but when his mom passed away he was too young, too new on the job and...
by Athena Paquette | Mar 12, 2016 | Blog, Home Owners, Investors, Realtors
You need to have 30% equity in your old home before you can buy a new home and also keep the old home. FALSE! Fannie Mae recently decided to change that requirement. Now as long as we can show market rent, even if you are upside down in equity on the current home, you...
by Athena Paquette | Mar 5, 2016 | Blog, Home Owners, Investors, Realtors
As you know, the first Friday of the month means we got the JOBS report. We added 242,000 jobs to the employees and the unemployment remained at 4.9%. Some say this is not the true number of those actually unemployed, because the number does not include people who...
by Athena Paquette | Mar 5, 2016 | Blog, Home Owners, Investors, Realtors
I love when I can save people $1000s with some good coaching. Of course they have to follow my advice. Last year, Mr. “R” came in for a refi. He had a 4.99% 30 year fixed and had paid in for 1 year. Now he wanted to refi because rates were low. But when I...
