30-Year-Mortgage-Rate

History of the 30 Year Fixed Rate

It’s everywhere. The 30 year fixed rate mortgage. Every mortgage banker has it. So does every street corner bank and mortgage broker. It’s the most common mortgage product in existence today. And it seems that the phrase, “lowest 30 year rates in history” has been a common theme as of late. But exactly what is the history of the 30 year
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Guide_to_Rent-To-Own

Purchasing a Home with a Rent to Own Contract

A rent to own program, sometimes known as a land contract is a way for prospective buyers that may not, for whatever reason, be able to qualify for home financing at the current moment, but are working toward that end. In this article we’ll get into how these programs work, and how you as a buyer can avoid potential pitfalls
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elderly-couple

Introduction to Reverse Mortgages

A Reverse Mortgage is one of the most powerful programs and one of the most misunderstood mortgage programs in the market today. With thousands of Americans retiring each day here in the United States and savings rates, pensions, IRA dividends and investment income reaching levels of diminishing returns, a Reverse Mortgage may just be the answer for many households. A
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Home Ownership

The Benefits of Home Ownership

The purchase of a home is one of the most significant transactions of your life. If you plan on purchasing a home in the near future, you’re in the right place. We’ll get into some of the benefits that you will reap when you own a home, some of which you are probably already aware and some of which may be
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VA Mortgage Center

Veterans Administration Mortgages

VA Loans First of all, if you are either active duty, or a veteran, Thank You for your service. We in this country, are able to do what we do because of what you do, and have done, for us. There are many opportunities for military service people to finance a home using the VA loan program. In this article
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FHA Renovation Mortgage

The FHA Renovation Mortgage

FHA 203K Rehab Loan There is a great product that Poli Mortgage offers and it is called the FHA Streamline 203-k renovation mortgage. It is more or less a traditional FHA mortgage and a home improvement loan rolled into one simple mortgage. At Poli Mortgage we call the program the Repair and Restore Home Loan. The Repair and Restore loan
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Household Blended Debt Rate

Household Blended Debt Rate

Using Mortgage Debt to pay off Household Debt A mortgage is a mortgage, but stepping back for just a moment, you may want to look at it as just one of a collection of tools you can use to manage your complete financial picture, especially if you have a significant amount of non-mortgage household debt. Mortgage rates are at historic
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importance of a home inspection

The Importance of a Home Inspection

One of the best choices that you can make as a prospective homeowner is to have a home inspection done on any home on which you plan on buying and have an accepted offer. Most standard real estate contracts allow a window of time in which you are able to get a home inspection, and negotiate any items that you
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rent versus own

Owning Versus Renting

While the question of “should I buy or rent?” may have had a different answer even a few years ago, declining property values have made the current real estate market a boon for home buyers,  more specifically, first time home buyers. In this article we will explore how you as a consumer can determine if the purchase of a home
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owning investment property in new england

Buying Investment Property

With plummeting real estate values in many parts of New England, the opportunities to own investment properties are greater than they have ever been. Whether you are looking into flipping a single family, or holding a multi-family for long term rental income, there are things to be aware of. Without doubt, real estate is and always has been the number
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