Mortgage applications drop as rates jump

Concerned about higher deficits and more government spending bond investors continued selling this week, pushing rates higher. Following the political action as the 111th Congress comes to an end, markets seemingly ignored economic data through most of the week. Mortgage calculator users waiting for rates to recede may be in for quite a wait; and the wait may not give you the lower rate you want.

Applications down

While refinance calculators continue to be active, users are not completing and turning in refinance mortgage applications.

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Are You Ready to Buy a Home?

Let’s be frank, the homebuying process can often be lengthy and complex.  However, a perfect storm of low interest rates, low home prices and high affordability have created a market rife with opportunity for homebuyers.  Something to remember, though- today’s real estate market is still stabilizing, so it is important to make sure you are asking the right questions before purchasing a home.  Evan Walsh, an agent with the Walsh Team of William Raveis, Wellesley, gives the green light if the criteria below are met.

Knowledge and experience are the keys to successful real estate transactions.  The Internet is an enormous library of valuable real estate related information.  Doing your research to gather knowledge as well as working with local REALTORS®, whose expertise and experience can interpret and guide you through the information, can be essential to your success in buying a home that is right for you.

Planning is one of the keys to making the home buying process easier and more understandable.  With research and planning, you’ll be able to anticipate requests from lenders, lawyers and other professionals, and you’ll move more easily through the home buying process.

Do You Know What You Want in a Home?

Whether or not you are a first-time home buyer, you need to ask why you want to buy.

Do you need to move, or is buying an option and not a requirement? What property

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What Exactly is a Sump Pump?

You’ve all probably heard of a “sump pump” before, but do you know exactly what it is?  The answer may lie in the basement of your home.  William Raveis agent, Evan Walsh, describes this carefully hidden, but essential part of many homes.

Property And Construction Postgraduates Respond To Budapest Development Brief

“A site beside the River Danube in Budapest, Hungary, is being assessed for potential development options by property and construction postgraduate students at Nottingham Trent University. A team of students from the university’s School of Architecture, Design and the Built Environment has been given an hypothetical brief to assume the role of an independent real estate and construction consultancy commissioned to advise on the site’s potential.

The postgraduates – studying MSc building surveying, quantity surveying, planning and development and real estate – are working in multidisciplinary groups for the project, which is part of a ‘professional practice’ module. The module

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Event Report: Construction Industry Fair At Hungexpo In Budapest

“This year’s Construma – the 30th – focused on themes relating to a liveable environment, cost effectiveness and energy efficiency. The exhibition – and its accompanying events and more than 60 conferences – in the Hungexpo Budapest Fair Centre were dominated by the ‘green trend’.

During the 6 days – which was a special opening period because of the 30th CONSTRUMA – the exhibitions attracted some 60,000 visitors to the HUNGEXPO Budapest Fair Centre. 6

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Why You Should Pay Attention to Windows

Evan Walsh,  a Raveis agent in Wellesley, MA tells homebuyers why it is so important to survey windows in a prospective home.  Some very insightful tips here!  Have you been paying attention to the style and condition of windows while home shopping?

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