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by Athena Paquette | November 17, 2022 | Blog | 0 Comments

A mortgage is a loan or debt that is secured by real estate. In some states it is also the word used for the lien that is put on the property to secure the debt. Normally this loan is paid back over a specific time , like 30 years or 15 years, until the entire...

How raising the prime rate makes mortgage rates go down

by Athena Paquette | September 26, 2022 | Blog | 0 Comments

I have talked about this before but I think it is worth revisiting after our talk last week about the prime rate. The Federal Reserve raised the Fed Funds rate (often confused with the prime rate) by 0.75% this week.to 1.75% it was 0.25% a year ago. The highest 1-day...

Mortgage Minute – ARMS and HYBRIDS

by Athena Paquette | September 19, 2022 | Blog | 0 Comments

What do you do when mortgage interest rates jump up 2% in 4 months? Don’t go LONG, go SHORT use a HYBRID ARM loan ARM means adjustable-rate mortgage. But some people are not comfortable with the idea that their mortgage payment and that the interest rate will start...

Mortgage Minute – Adjustable rate mortgages or ARMS

by Athena Paquette | September 12, 2022 | Blog | 0 Comments

When rates go up, we usually see a switch over from the 30 year fixed to ARM loans. Why go LONG at a high rate when you can go short at a lower interest rate and get the upfront savings? People do this to help ease the payment shock of rates going up and to help them...

Let’s Talk About Jobs

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...

Fluctuations in the Stock Market

by Athena Paquette | Jan 30, 2016 | Blog, Home Owners, Investors, Realtors

Another rocky week in the markets gave us more downside to the stock market and see-saw action in the fixed rates. The biggest news was that the Federal Reserve decided to leave rates as is, or in other words not raise them again, given the world economy’s weakness....

Jobs, Jobs, … and Jobs

by Athena Paquette | Sep 5, 2015 | Blog, Home Owners, Investors, Realtors

JOBS JOBS YAWN… The Labor Dept. announced the monthly jobs report today with a big yawn from the investor community. They reported 173,000 jobs were created, but expectations had been that the number would be 218,000. Historically, this number gets revised, so the...

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Payment calculator

Become a Smarter Investor

Glossary of Terms

Loan checklist

What is a mortgage?

How raising the prime rate makes mortgage rates go down

Mortgage Minute – ARMS and HYBRIDS

Mortgage Minute – Adjustable rate mortgages or ARMS

Introduction

Just the facts

Let’s Talk About Jobs

Fluctuations in the Stock Market

Jobs, Jobs, … and Jobs

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