Boston Real Estate: PMI to get more restrictive, next month (I think)
I’m not clear on how this affects the mortgage loan business in Boston; I don’t get too involved with my clients’ loans, except to make sure they have them. Most of them, I think, end up with 80% first loans, and 10-15% second loans (actually, lines...Congress raising conforming loan limit
The number one search term bringing people to my website over the past three weeks has definitely been “Congress raising conforming loan limit”. (This is unfortunate; I wish it had been, “how can I spend my idle cash on buying residential real estate...MGIC pulling out of Boston … low down payment borrowers to suffer?
Great. So for the few people who actually want to (and are able to) borrow money, won’t be able to. Today, the nation’s #1 mortgage insurer announced it was reducing its exposure in the Boston market. I don’t have the details and don’t know...How to get a mortgage: trust me, the banks want your business
It’s a great time to buy. Right? Plenty of people are buying homes, right now. You’d think otherwise if you read the papers. Anyway, the Globe had a great article yesterday on how to get a mortgage. It also covered all the new and proposed regulations...Congress votes to raise conforming loan limits
The President and Congress seem prepared to act to infuse the US economy with much needed liquidity. First up, rebates. Yay. I’m spending mine, are you? In fact, I’ve already spent mine. Have you? Second up, raising conforming loan limits. You’ve...Condo Listings by Neighborhood
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