ARCHIVED BLOG POSTS
2009
12
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March 20th was officially the first day of Spring for 2009, but it was not my first day of Spring. For me the first day of Spring is not a day on the calendar, or as defined by Wikipedia "Spring comes in between the 19th to the 23rd of March and at different times. It changes on a yearly basis b...
04/19/2009
CHFA just rolled out its new CT Families Program which is now self-insured, unlike the previous program that followed FHASecure Guidelines. This new version of that program might finally make this a viable program for those who are in trouble on their mortgage, because of it being an Adjustable...
04/18/2009
2
Comments
Three weeks ago I wrote a blog "FHA Approvals" about how it looked like FHA was loosening up on the Debt-To-Income Ratio's, and that I would be keeping an eye on it to see if that was really the case. Well it is now three weeks later, and in that time I have had five more Borrowers that received...
04/17/2009
29
Comments
One thing that I quickly learned when I first became a Loan Officer, was that the Real Estate Business is full of surprises. In fact that would be an understatement in many cases. We all have heard about surprises that happen during some loan transactions: Buyers not being able to document incom...
04/16/2009
The MidState Medical Center, located right off exit 6 on RT691 in Meriden, Connecticut, has just introduced its latest efforts to team up with the corporate community, to maintain a healthy workforce, through their "Corporate Wellness Program". The "Corporate Wellness Program" is designed to deve...
04/15/2009
Our Vice President of Advertising, Gary Kulik, just notified us of the Connecticut Association of Realtors (CAR) new advertising campaign called “Smart Move.” Gary was excited about CAR's new campaign, because the campaign’s message is right in line with what we at McCue Mortgage have been sayin...
04/14/2009
7
Comments
Mortgage rates seem to be holding steady for the last month. The Federal Government's purchase of more Mortgage Back Securities (MBS) seem to have played a huge part in keeping interest rates low. Once the Fed's announced that they would be buying more Mortgage Back Securities at their last meet...
04/13/2009
The Middlesex County Chamber of Commerce is a very active Chamber of Commerce. Each month there are multiple events for members to participate in. I have written in the past about Networking events like the Business After Hours that the Chamber has on a regular basis, but there are many more eve...
04/13/2009
12
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Today, Easter Sunday is a special day for many around the world. Whether you celebrate it as a Religious Day or simply as a fun day with family and Ester Egg Hunts, it is a special day. Me and my family enjoyed today with many of our friends at Church. We get together every year right after Ch...
04/12/2009
9
Comments
Presently it is easier to do am FHA Loan on a Condo than on a Fannie Mae or Freddie Mac (Conventional Loan), because of downpayment requirements and Condo Project Reviews. Early last year Fannie Mae and Freddie Mac announced that they would no longer be keeping a list of approved condo's, and th...
04/11/2009
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