Sandy Creates Closing Delays & Slightly Lower Interest Rates
November 1, 2012 by Monica McNamara · Leave a Comment
Important information post Hurricane Sandy for buyers and sellers of Coastal Properties. November 1, 2012. www.Bankrate.com The good news: Mortgage rates snoozed this week as superstorm Sandy forced financial markets to shutter for two days and delayed loan closings nationwide. The bad news: Sandy also put many refinancers and homebuyers across the country in a [...]
Senate OK’s New Tax Credit Closing Deadline
June 17, 2010 by Monica McNamara · Leave a Comment
You may have seen today’s Inman News article reporting on the Senate’s approval of an amendment to a bill that would, among other things, provide for an extension of the June 30 closing deadline for buyers who took advantage of the federal government’s tax credit. While the Senate has approved its version, differences with the [...]
Buyers Are Back
August 4, 2009 by Monica McNamara · Leave a Comment
Homebuyers are back! After a cold spell through fall, winter and spring, buyers are acting on the positives of lower prices, lower interest rates and higher tax credits. The result? An increase in sales of existing homes/condominiums for the last two months. Savvy sellers who are positioning their prices for the market are the beneficiaries [...]
