There are many myths about the housing market during recessions, and it’s time to clear them up. Contrary to popular belief, historical data shows that home prices have often risen during economic downturns, not fallen. The market crashes we recall, like the 2008 disaster, were due to specific unstable factors, not merely the recession itself. […]
Could there be an opportunity brewing in real estate?
Could there be an opportunity in real estate? Listen to this 47 second video to find out how! PM me here or call/text 978-376-5389 for a no cost or obligation analysis. #realestate #purchase #windhamnh #boston #cma #1sttimehomebuyer #investor #massachusettsrealestate #nhrealestate #mainerealestate #rirealestate
DSCR Loans
What is a DSCR Loan? The debt service coverage ratio percentage is used by lenders to determine the cash flow on an investment property. This allows the mortgage lender to access the borrower’s ability to repay the mortgage loan. The DSCR percentage is calculated by dividing the market rent by the new qualifying subject PITI […]
What the Recent Fed Hike Could Mean to the Housing Market
To help fight inflation, the Federal Reserve has hiked its benchmark Fed Funds Rate six times this year, including their most recent hike of 0.75%, taking the Fed Funds Rate from 0.25% to now 4.0%. Remember, the Fed Funds Rate is the overnight borrowing rate for banks, and does not directly affect mortgage rates. So, […]
2/1 Buydown Mortgage Program
Watch this one minute video to learn about the 2/1 buydown, which offers lower interest rates for the first couple of years. This gives you the opportunity to get the home of your dreams at a payment that is much more affordable, with the opportunity to refinance in the future to a very attractive rate. […]
Investment Properties
Did you know that two-thirds of net worth comes from real estate? Owning your home is a great way to build wealth. About one in every six or seven purchases are for an investment property. I have a new and unique tool that will calculate the return on an investment based on area-specific appreciation, rental […]
New Housing Survey Shows Potential Opportunity for Homebuyers
Watch this 45 second video and put your zip code in the comments and I’ll send you a report showing the health of the housing market in your local area. #1sttimehomebuyer #cma #homebuyers #housing #mbshighway #mortgage #purchase #realestate #refinance #investors #multifamily #singlefamily
Home Inventory Explained
Existing home inventory is up 22% from its lowest level in February. Will this lead to a house crash? Watch this one minute video to find out. To see what the appreciation forecast is in your local market, contact me, Christopher Graves, your certified mortgage advisor, at 978-376-5389. #housinginventory #housing #cma #MBShighway #mortgage #purchase #refinance […]
How does this move in the Fed Funds Rate affect mortgage rates?
How does this move in the Fed Funds Rate affect mortgage rates? Watch this one minute video to learn! #fed #cma #federalreserve #fedfundsrate #mortgage #housing #realestate #interestrates #purchase #refinance #mortgageminute #what’snext #sierrapacific #rates #inflation
Are we headed for a housing crash?
The media has been throwing around the idea that we’re headed for a housing crash. But is this really the case? To answer this question, we need to look at the number one law of economics: supply and demand. Demand is measured by Household Formations, meaning someone is occupying a new property without relinquishing or […]