by Bill Murphy | Mar 4, 2022 | Home Buyer Resources, Homebuying in MA
If you’re in search of how to get rid of PMI on a FHA loan, you’ve come to the right place. Contrary to what you might think, the monthly premium you pay on your FHA loan does not have to be a permanent expense. In fact, you might be eligible to get rid of it right...
by Bill Murphy | Jan 20, 2022 | First Time Home Buyer Resources, Home Buyer Resources, Homebuying in MA
If you’re curious to know what no one tells you about getting your first mortgage, you’re in the right place. You’re already caught up on what to know before getting a home loan, but you’d like a little more than just the basics. Whether you’re just starting to think...
by Bill Murphy | Jan 11, 2022 | Home Buyer Resources, Homebuying in MA, Market & Trends, Mortgage News
“How much of a down payment can be a gift?” This is a question people often ask me, especially first-time home buyers. The short answer is this: you can use gift money to pay for all or some of your down payment and closing costs. But there’s plenty more to consider...
by Bill Murphy | Dec 2, 2021 | Home Buyer Resources, Homebuying in MA, Market & Trends
Interest rates have been a hot topic of conversation lately, with recent headlines reporting rising mortgage rates. Not surprisingly, it’s left many wondering how mortgage interest rates work and what it means for them. What are interest rates, and why do they...
by Bill Murphy | Nov 16, 2021 | First Time Home Buyer Resources, Home Buyer Resources, Homebuying in MA, Market & Trends, Mortgage News
For more than 50 years, MassHousing has been helping current, and future Bay State residents become homeowners through a MassHousing mortgage. MassHousing is a Housing Finance Authority, which is also known as an HFA. Home.com describes HFA mortgages as those “offered...
