Connecticut Financing Update and Today's Mortgage Rates 10/19/2012

The weather is starting to get cold but it's still a perfect time to purchase a home and/or refinance your existing mortgages.  Mortgage Backed Securities are up +5/32 (FNMA 30-year 3.0 at 104.12), which is about 3/32 lower than yesterday at this time. Unfavorable repricing took place yesterday. Early investors may have priced at a range of levels from +2/32 to +7/32. Weak US earnings have pushed stocks lower and lifted MBS this morning.  Great housing start numbers yesterday started a slight increase in rates.  Interest rates have increased about a 0.25 or so across the board since last week.

Today's Mortgage Rates

Conventional 30 year fixed          3.625%                 APR 3.678%

Conventional 15 year fixed          2.75%                  APR 2.838%

Conventional 5/1 ARM                3.00%                  APR 3.049%

Conventional 7/1 ARM                3.25%                  APR 3.301%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

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 at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

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:

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

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

Is it Possible to Buy a Home After a Short Sale in Connecticut?

Is it really possible?

If your goal is to purchase another home after a successful short sale, bear in mind that several factors come into play, and the top three are:

1. Credit
2. Income
3. Debt

A short sale will have an impact on your credit score, however ther are many variables that will play a determining factor as to whether or not you can qualify for a new loan. Although some situations are looked upon more favorable than others,  there are usally time periods associated with obtaining a new loan.

If you have any questions about purchasing after a successful short sale with thebank on your Connecticut home, and what your options are, call me. I will put you in touch with the best lenders possible to see whether you can purchase a home much sooner than you thought you could.

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

The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

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:

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

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

www.CThomesAndRealEstate.com - Westport, Fairfield, Easton and Trumbull Homes for Sale

We are pleased to announce our newly revamped sister real estate website!  If you are looking for an easy way to find your next home in Easton, Fairfield, Norwalk,  Trumbull or Westport, or Fairfield County Connecticut, we invite you to also visit us online at www.CThomesAndRealEstate.com, and this state of the art site now includes additional features not available on theCtrealtyBlog.com, such as our easy  to use Exclusive OneClick EZ Home Search. Try it!

There are 36 custom searches already prepared for you, where all you have to do is click once to find that special home of your dreams, whether it be new construction, waterfront homes,  condos, contemporaries, properties with acreage,  rentals, property searches by town,  cape cod style homes, foreclosure and short sale properties or any of our other custom searches that anyone is bound to find very useful.  You can also do your own advanced custom home search as well. Check it out, please- and let us know what you think.- and yes, you can find our blog posts on that site as well :)

We also have a companion facebook page for www.CThomesAndRealEstate.com and would appreciate a like if you are so inclined.

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

The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

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:

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

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

CT Realtor Judy Szablak Receives Five Star Professional Rating

Judy Szablak, REALTOR with REMAX Heritage  in Westport Connecticut  was recently honored with the Five Star Professional rating.

As part of an in-depth research process, real estate agents are evaluated by consumers based on customer service, integrity, market knowledge, communication and negotiation skills, closing preparation, helping you find the right home, marketing the home being sold, and overall satisfaction.

Five Star Professional follows standard survey practices used by other professional research organizations. The research also includes feedback from industry peers and leaders, and a regulatory review to provide necessary checks and balances.

The Five Star Professional research team applies a vigorous research and evaluation process to identify service professionals who provide quality services to their clients. Professionals do not pay a fee to be considered or placed on the final list of Five Star award winners.

The research methodology allows no more than 7% of service professionals in a given market to qualify for the Five Star award.

Judy's information can be seen in Westchester Magazine's  October 2012 issue.

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

The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

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:

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

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

National Real Estate News from TheCTrealtyBlog- Week of 10/15/12 (Video)

This week's national real estate news update highlight -  improving markets across the country....  Click here for more... on buying short sales, staging your home for sale varyiing  credit reports

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

The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

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:

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

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