The Mortgage Messenger

How would you like to save upwards of $150,000 over the life-cycle of your mortgage loan? "Yeah right", you may be thinking. "Maybe if I was dealing with Rumplestilkin and not a mortgage lender..." Well, I'm here to tell you that it is possible to save up to and even more than $150,000 on your ho...

In accordance with the federal government’s recent budget requirements, FHA has to make a multitude of adjustments to stabilize the housing market and pave the path forfuture home purchases. Overview: The budget proposal outlines a $48 billion spend for 2012, up more than $900 million from 2010,...

According to a recent Mortgage News Daily article, "After careful consideration and analysis, we determined it was necessary to increase the monthly mortgage insurance premium at this time in order to bolster the FHA's capital reserves and help private capital return to the housing market," said ...

Falling home prices. It's still a reality in many sectors of the United States, including regions here in Connecticut. However, mortgage loan interest rates are still at unprecedented lows, a fact that drives the ability of homeowners interested in refinancing their existing mortgage or buyers in...

Did you know that Valentine's Day is the second most-popular card- sending holiday around the world, only surpassed by Christmas? This means that millions of people around the globe are letting the important people in their lives know that they matter today. Think about who's important in your li...

In a recent article from YOU Magazine, some positive overviews of the economy and housing market have come to light. (See the full article here) See our take on the major discussion points and consider your position on the following predictions and statements for the 2011 economic year and the po...

It's a daily topic of conversation lately across the US. In January, when 48 out of the 50 states had snowfall, two weeks ago when many regions of the Northeast were hit with a foot or more of snow, and last week with the Groundhog's prediction of an early Spring, the weather has taken top spot i...

In one of my previous posts I wrote how our electric rates in Connecticut were among the highest in the country. Many of us have changed our electric suppliers in the past couple of years to companies who offered lower rates than Connecticut Light and Power and United Illuminating Co. These alte...

Historically low interest rates and bargain prices have made Connecticut home ownership the most affordable it has been at any time during the last 40 years. And while the market won’t shift overnight, dramatic decreases in new home production suggest that as demand for homes returns over the ne...

Dan Malloy took the oath of office on January 5th to become the first Democratic Governor elected to office in the state of Connecticut in twenty years. He took the oath of office at the William O’Neill Armory in Hartford, Connecticut. In his State of the State address in front of the General As...