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...
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...
by Athena Paquette | Mar 5, 2017 | Home Buyers, Home Owners, Investors, Realtors
As a real estate investor, I’m always eager to learn about new ways to increase my cash flow. This month, I attended the Note Investor Summit 2017. Watch my review and key takeaways!
by Athena Paquette | Feb 26, 2017 | Blog, Home Owners, Investors, Realtors
Another week of a little movement to the bad side and a little movement to the good side of rates leaves us flat… Next week JOBS JOBS JOBS could move rates… Monday was a holiday, so the markets were closed. Tuesday markets were quiet waiting for the Fed meeting...
by Athena Paquette | Feb 19, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors
2 big days with 2 different outcomes. On Tuesday, Fed Chair Janet Yellen in her annual speech before Congress, called the Humphrey Hawkins testimony on monetary policy, suggested that “waiting too much longer to raise rates would be unwise” (i.e. prime rate). This...
by Athena Paquette | Feb 11, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors
Success story: What to do when you pay your mortgage to a private party and when you go to pay them off they demand $20,000 more than you owe? This happened over the last week. My client bought a property (9 units) from a man who was the seller and was willing to...