Mortgage

Recessions and the housing market Economic recessions — and the response to them by the Federal Reserve — can affect the housing market in a number of ways. During a traditional recession, the Fed will usually lower interest rates. This creates an incentive for people to spend money and stimulate the economy. It also typically… Continue Reading Steve Schappert, Recessions, and America’s Housing

Free Mortgage Calculators Why Buy A House For Sale In CT With Us? Steve Schappert Steve Schappert Is An Author, Broker, Contractor & Real Estate Expert. When you hire an agent, you are actually hiring the broker.  The Broker at Connecticut Real Estate is Steve Schappert. The national media has relied on Steve’s expertise in construction,… Continue Reading Mortgage Calculator For Your Connecticut Home Purchase

Find A Connecticut Lender Why Buy A House For Sale In CT With Us? Steve Schappert Steve Schappert Is An Author, Broker, Contractor & Real Estate Expert. When you hire an agent, you are actually hiring the broker.  The Broker at Connecticut Real Estate is Steve Schappert. The national media has relied on Steve’s expertise in… Continue Reading US Average Mortgage Rates Updated Daily

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out,… Continue Reading Don’t Wait for a Lower Mortgage Rate For Your Connecticut Home – It Could Cost You

  June 3, 2021  Unlike the rest of the country, Connecticut values have never recovered from the 2008 collapse.  Despite the media frenzy values are rising steadily, but ridiculously high offers are getting squashed by appraisers.    Those who wait could get locked out of the real estate market for life.  A mortgage payment on… Continue Reading Don’t Wait For The Next Down Turn To Buy Your Dream Home

Some Highlights  Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge… Continue Reading The Power of Mortgage Pre-Approval before shopping for a Connecticut home

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance… Continue Reading 4 Major Reasons Connecticut Households in Forbearance Won’t Lose Their Homes to Foreclosure