Nashua NH Mortgage Refinancing: Are You Missing Out?

The Nashua NH mortgage refinancing market has enjoyed months of near-record low interest rates. The rates have stayed so low for so long that many borrowers assumed home mortgage interest rates will be low “forever.” And for good reason. At the first sign of rising interest rates – regardless of how slight the expected increase – the […]

Nashua NH Mortgages – What Will Slightly Higher Rates Mean?

Interest rates recently rose slightly, raising the question of what affect they will have on Nashua NH mortgages. Rates increased for the first time in more than two months, creating a sell-off in the U.S. Treasury bond market. Mortgage interest rates have traditionally been tied loosely to the 10-year Treasury bond yield. While the increase […]

5 Ways Technology Affects the Nashua NH Mortgage Business

Technology and the digital age has certainly made an impact on the Nashua NH mortgage business. While roughly 90% of prospective homeowners search online for a home, less than 10% of mortgage lenders offer a comprehensive digital mortgage experience.  Now, mortgage lenders are starting to enter the 21st Century by gradually reinventing the mortgage process. […]

Nashua NH Mortgage Lenders Anxiously Awaiting Revisions

Nashua NH mortgage lenders are anxiously awaiting revisions to the “Know Before You Owe” mortgage disclosure rules. The Consumer Financial Protection Bureau (CFPB) – acting on a promise made this past April – recently released updates to the rules in response to the mortgage industry’s requests for better clarity on the regulations. However, there are […]

Nashua NH Mortgage Market: Deja Vu?

The Nashua NH mortgage market remembers – as do we all – the U.S. housing crash of less than a decade ago. One of the hallmarks of the crash was mortgage lenders who required little or no supporting documentation. When the housing market was booming, they were called “stated income” loans and were advertised as […]