Connecticut Financing Update and Today's Mortgage Rates 9/7/2014

Rates are about the same compared to last week.  Rates are still very attractive at these levels and it’s time to jump in to refinance your existing mortgage or purchase a new home.  The 10 year is currently at 2.46.  If you were to take a look a closer look at the interest rates then you would see that there has been an upward trend going back to May of 2013.  Anyone looking to close within the next short term period then you might be better off locking into a rate now.

Today's Mortgage Rates

Conventional 30 year fixed - 4.375% - APR 4.432%

Conventional 15 year fixed - 3.5% - APR 3.594%

Conventional 5/1 ARM - 3.375% - APR 3.292%

Conventional 7/1 ARM - 3.5% - APR 3.669%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment.  If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

782 Clinton Avenue

Bridgeport, CT 06604

Phone: 203.913.6016

Email: nima@primeres.com

"You could List your home with any agent-

or.... List your home with Judy, and sell it""

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Open House on 8/17 from 1-3:30 at 1219 Stratfield Road, Fairfield for $250,000

Owner says sell!  Home is in very nice condition, priced very well, and owner will STILL contribute up to $5,000  for closing costs! Newly remodeled kitchen with granite tops, beautiful hardwood ffloors. Living room with  fireplace and balcony...two bedrooms, 2 full baths. Top floor unit.  Still time to enjoy the pool, too!

Look forward to Sunday! You will be seeing your new home for the first time!

DIRECTIONS: Stratfield Road near the corner of Fairfield Woods Road. See you between 1-3:30PM on August 17, 2014

Call Judy at (203) 257-5892 or email with any questions

"You could call any agent to list your home -

- Call Judy to sell it""

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

The Hottest Home Trends in New and Existing Homes

Popular  amenities in new and existing homes have changed, and it's no different in a difficult economic market.. Homebuilders are still striving to deliver amenities that offer comfort, style, and functionality.  

According to the National Association of Homebuilders, (NAHB), you'll find that builders are figuring out the best ways to rework spaces. Out go formal dens and in come smaller home management areas (think office but not quite as spacious or traditional, more like a "pocket office".

A "pocket office", according to NAHB, can be located in a large pantry area or nearby the kitchen or family great room.) It's all about conserving and creating efficient workable spaces that also offer other functions.

Along the lines of making things more efficient, laundry facilities are now being placed near the "master bedroom's walk-in closet", writes the NAHB in a press statement.

Watch for shadow units–separate units that are built alongside the main home that conveniently accommodate other residents (like elderly parents) but still offer access to the main floor plan through a door connected to the unit. Also becoming increasingly popular are two master suites in one home. Typically one suite is located on the ground floor to ease the access for elderly occupants.

Perhaps a bit of Zen-like influence, homes are mixing materials such as metal, wood, and stone, creating a modern look in the home's façade. But the once common rectangular-shaped home is taking on new shapes and fewer roof lines. NAHB, says that homes will be "visually stimulating" and make use of as much natural light as possible. For instance, in a corner area, builders are placing two windows to allow "unobstructed views and maximum light to come in".

Instead of a rectangle, you'll notice that the family triangle area is becoming the norm. An open triangular floor plan creates room for residents to have their own space in the family triangle area. Lighting and architectural detail are vital in order to keep the family triangle area from appearing cramped or like it's just a large room. When effectively designed, the home can have an eating area, a kitchen, and a sitting area all in the family triangle and look and feel as though it has some separation from the different areas. However, homes will still have some private areas that offer a place for residents to get away to work alone.

Kitchens are still one of the most important rooms in the house. Becoming not only more popular but also necessary are walk-in pantries. These large pantries sometimes have a little kitchen desk inside–perfect for making notes about what's needed from the market. They generally have room for a laptop and paperwork and it's all out of view from guests in the main kitchen area.

Of course, outdoor living spaces are becoming more desirable especially in areas where the climate is mild year round. In the past, I've written about how homeowners are bringing the indoors outside by creating living-room like areas outside. However, the trend of building big outdoor kitchens is on the decline. It seems that while homeowners want more livable space to relax on their outdoor couch, the outdoor kitchen is one area that homeowners feel they can live without.

Good design, efficiency, and functionality top the list of things that builders are aiming for and homeowners are hoping for. (Plus, of course, affordability.)

Written by Phoebe Chongchua

"You could call any agent to list your home -

- Call Judy to sell it""

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY 

Connecticut Financing Update and Today's Mortgage Rates 8/10/2014

Rates drop when compared to rates this time last week.  The 10 year is currently at 2.40.  If you were to take a look a closer look at the interest rates then you would see that there has been an upward trend going back to May of 2013.  Anyone looking to close within the next short term period then you might be better off locking into a rate now.

Today's Mortgage Rates

 

Conventional 30 year fixed - 4.375% - APR 4.432%

Conventional 15 year fixed - 3.625% - APR 3.719% 

Conventional 5/1 ARM - 3.375% - APR 3.292%

Conventional 7/1 ARM - 3.5% - APR 3.669%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment.  If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

782 Clinton Avenue

Bridgeport, CT 06604

Phone: 203.913.6016

Email: nima@primeres.com

"You could List your home with any agent-

or.... List your home with Judy, and sell it""

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Connecticut Financing Update and Today's Mortgage Rates 8/3/2014

Rates move up slightly after weaker than expected unemployment numbers were released on Friday.  The 10 year is currently at 2.50.  If you were to take a look a closer look at the interest rates then you would see that there has been an upward trend going back to May of 2013.  Anyone looking to close within the next short term period then you might be better off locking into a rate now.

Today's Mortgage Rates

Conventional 30 year fixed - 4.5% - APR 4.557% 

Conventional 15 year fixed - 3.625% - APR 3.719%

Conventional 5/1 ARM - 3.5% - APR 3.417%

Conventional 7/1 ARM - 3.625% - APR 3.794%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment.  If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

782 Clinton Avenue

Bridgeport, CT 06604

Phone: 203.913.6016

Email: nima@primeres.com

"You could List your home with any agent-

or.... List your home with Judy, and sell it""

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY