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ARCHIVED BLOG POSTS

2007 

Thursday's bond market has opened in negative territory following another round of stock gains and concerns about tomorrow's economic data. The stock markets are well into positive territory with the Dow up 18 points and the Nasdaq up 11 points. The bond market is currently down 6/32, which will ...
05/31/2007
FOR IMMEDIATE RELEASE: Monday, May 28, 2007                  Governor Rell Says Gas Petition Web Feature Has Drawn More Than 11,000 Responses   Governor M. Jodi Rell said today that an online gas price petition posted on her website www.ct.gov/governorrell has received more than 11,350 responses ...
05/29/2007
Government loan programs FHA loans An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in...
05/29/2007
Things to avoid before buying a home Many new homebuyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But there are still a few major hurdles to overcome before the keys are handed ...
05/29/2007
What are homeowner's insurance, private mortgage insurance and title insurance?A homeowner's insurance policy is a package policy that combines more than one type of insurance coverage in a single policy. There are four types of coverages that are contained in the homeowners policy: dwelling and ...
05/29/2007
  Why you should get an Inspection?Whether you are buying or selling a home, you should have a professional home inspection performed.A home inspection will look at the systems that make up the building such as:Structural elements, foundation, framing etc Plumbing systems Roofing Electrical syste...
05/29/2007
What is the difference between the interest rate and the A.P.R.? You'll see an interest rate and an Annual Percentage Rate (A.P.R.) for each mortgage loan you see advertised. The easy answer to "why" is that federal law requires the lender to tell you both. The A.P.R. is a tool for comparing diff...
05/29/2007
One  way to help sell a home is to offer the buyers a reduced start rate, rather than lower the price maybe consider taking to your sellers about offering a reduced interest rate to the buyers, this could be used when marketing the home and it does not effect the Realtors Commission like a reduct...
05/28/2007
I am glad to see I am not the only one working here on the Holiday, I see a lot of people at least here poking around and I have gotten some calls over the weekend and was surprised to to honest. I thought most everyone had other ideas this weekend other than looking for a home and actually makin...
05/28/2007
Selling a home that needs improvement can be easier than you think!Your buyers can get up to 110% of the After Renovations Appraised Value! This is great for those who are getting a deal on a fixer upper or maybe just want to update the kitchen or bathroom or maybe put on a new roof but5 don't ha...
05/28/2007
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Leo Namiot

CT Mortgage Lender - FHA, VA - CT First Time Home Buyers, USDA, FHA, VA
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