Connecticut Financing Update and Today's Mortgage Rates 9/21/13

There has been a significant drop in rates compared to last weeks rates, which was mainly due to the Fed announcing yesterday that they would not be making any policy changes.  The 10 year treasury is at 2.76%.  In recent months rates have been going higher and higher since early May.  Anyone looking to close within the next short term period then you might be better off locking into a rate now as rates have bounced back a bit in the last couple of weeks.

Today's Mortgage Rates

Conventional 30 year fixed          4.625%                  APR 4.682%

Conventional 15 year fixed          3.75%                    APR 3.844%

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

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The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $550,000. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

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

** Get JUDY'S Exclusive BONUS For New HomeBuyers! CLICK HERE**

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:

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

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

It's Time to Get Your Home Ready for the Upcoming Winter Months

Winter's on its way! Get ready by preparing your home  for colder weather. You can improve your safety, save money and keep comfortable throughout winter with a few simple steps:

 At Home:

 Have you…

 Cleaned the gutters? Clear debris from gutters and test downspouts for drainage to protect against water damage.

Trimmed trees? Cut back dead or dying limbs and any branches that can touch the roof or siding. When it's windy, branches can rub or scratch the surfaces of your home and cause damage. They also could fall during a storm or break under heavy snow and ice.  

Stopped the air leaks? Eliminating air leaks will improve your home's comfort and efficiency. Your first stops? The basement and the attic. Attic leaks allow warmed air to escape, and have the effect of drawing cold air in through basement leaks. Use a can of spray foam insulation to plug up the offenders in both areas.

Scheduled a heating system inspection? Have your furnace professionally inspected and cleaned to reduce the risk of a breakdown and to keep the system running efficiently. If you have a fireplace, have your chimney professionally cleaned and inspected and ensure that your damper opens, closes and seals tightly.

Winterized outdoor faucets? Remove all hoses or devices attached to outdoor spigots. Have in-ground sprinkler systems blown out, and turn off water to outdoor spigots. Be sure to drain any water left behind in the pipes.

And a few more tips for your vehicles:

Have you…

• Had your vehicle serviced? Ask your mechanic to perform an inspection: Test the battery and brakes, inspect the exhaust, check the cooling system, check fluids, change the oil, and make sure all components are working properly. Check the vehicle's owner's manual for information on the correct fluid types and recommended service intervals.
• Checked the wiper blades? Inspect your wiper blades to make sure they're functional and in good condition. If you live in an area that typically sees lots of snow and ice, consider installing winter blades. Store an ice scraper in the car, and stock up on windshield washer fluid rated to withstand -30 degrees or lower temperatures. 
• Monitored the fuel line? Today's ethanol fuels remove small amounts of water from your fuel system to help prevent freezing. In addition, you can help keep avoid freeze-ups by keeping your vehicle in a heated garage, avoiding refueling while the tanker truck is at the station (water and deposits from the tanker could end up in your fuel line) and keeping your gas cap secured. Another solution: Always keep the tank at least half-full.
• Inspected the tires? Check for uneven wear, cupping, sidewall cracking and other damage or deterioration. Also examine tire treads to make sure the grooves are deep enough to grip slick surfaces. If your tires fail any of these tests, replace them with all-season tires, or, in extreme winter environments, with winter snow tires. Wonder if your tires have enough tread? Try the penny test: Stick a penny (Lincoln head first) into one of the grooves that goes completely around the tire. If you can see the top of Lincoln's head, your tread is worn down below 2/32 of an inch and should be replaced.
• Stocked the trunk with emergency equipment? Essentials include: Flares, jumper cables, a shovel, a first-aid kit, a flashlight, extra batteries, non-perishable snacks and cold-weather gear.

Article submitted by Brennan Purdy of State Farm Insurance

My vision is to be an insurance professional whose actions are driven by keeping the customer's best interest as my primary goal. My staff will treat all my customers in a caring, friendly, and professional manner. My office will provide warm, efficient, and seamless services to our customers at all times. I expect my business to be comprised of knowledgeable, multiple-line customers who see my office as their first and best choice for all their insurance and financial service needs

For more information on these and other home safety tips, stop by my office or visit www.brennanpurdy.com. My office is conveniently located in downtown Bethel. 203-798-7300.                   211 Greenwood Avenue , Bethel, CT 06801

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The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $550,000. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see 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

New CT Law About Carbon Monoxide and Smoke Detectors Takes Effect on January 1, 2014

From the Connecticut Association of REALTORS: "As of January 1, 2014, Sellers of 1-2 family homes built prior to October 1, 2005 will be required to furnish their purchasers with an affidavit that the property has working smoke and carbon monoxide detectors. Failure to provide the affidavit requires the sellers to credit their purchasers with $250 at closing."

Carbon Monoxide is a colorless, odorless gas that can cause sudden illness and death.

    "CO is found in combustion fumes such as those produced by cars, trucks, small gasoline engines, stoves, lanterns, burning charcoal and wood, gas ranges and heating systems. CO becomes deadly if it builds up in enclosed or badly ventilated areas.  Red blood cells pick up CO, and prevent the body from properly absorbing oxygen, damaging tissues and possibly causing death.
    Everyone – people and animals – are at risk for CO poisoning. Certain groups – unborn babies, infants, and people with chronic heart disease, anemia or respiratory problems – are more susceptible."


Whether you are selling your home or not, please make sure that you have a working CO detector. This new law hits close to home for me, personally,- as a dear friend of mine was poisoned by Carbon Monoxide, which could have been easily avoided if they only knew.. Luckily, that person is still alive.

Please make sure you have a detector in your home.

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $550,000. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see 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

This Week's Edition of National Real Estate News 9/16/2013 (Video)

This week's national real estate news update -The market is settling down, NOT dying down,   prices expecting to increase up to 5% for next year,  a great time to buy  a home, how to choose a moving company , foreclosures  falling fast. Click here for more- about moving, home buying strategies and interest rates.

Click here for this months newsletter and our video news channel.

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The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $550,000. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see 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 9/14/13

Rates bounce back a bit from 2 year high levels that we saw last week.  I locked in a handful of my clients who are closing in the next 45 days as I thought it was a good time to take advantage of these lower rates.  The 10 year treasury is at 2.91%.  In recent months rates have been going higher and higher since early May.  Anyone looking to close within the next short term period then you might be better off locking into a rate as the rate climb seems to be an ongoing trend.

Today's Mortgage Rates

Conventional 30 year fixed          4.875%                  APR 4.932%

Conventional 15 year fixed          3.875%                  APR 3.969%

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

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $550,000. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

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

** Get JUDY'S Exclusive BONUS For New HomeBuyers! **

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:

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

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