Fairfield June 2014, 2013, 2012 ~ Market Snapshot

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Mortgage Musings ~ 6/23/14

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  U.S. Economic Finger Puzzle Have you ever tried to extract your fingers from one of those Chinese finger puzzle toys before?  Made out of woven bamboo, this devious toy would trap a finger in both ends and tighten further the more you struggled to pull away. The more I contemplate our current economic state […]

Fairfield Market Snapshot ~ Jan thru May ~2012, 2013, 2014

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The number of homes sold in Fairfield has modestly increased since 2013 and 2012. The average sale price, however, has risen over 9%. The list to sale price ratio is now over 95%. There are currently 481 homes on the market in Fairfield and a ten month supply of inventory.  Fairfield CT Real Estate Snapshot […]

Mortgage Musings 6/2/14

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No More Interest-only HELOCs (Home Equity Loans ) for Wells Borrowers Jun 2 2014, 12:49PM   According to The Wall Street Journal Wells Fargo Mortgage is revamping its home equity line of credit loans (HELOCs) to eliminate the interest only feature that has characterized these products.  HELOCs generally have a set interest-only payment period, typically 10 years, and then […]

Mortgage Rates ~ 5/13/14

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  Mortgage Rates Johnny Markets Well I don’t know about you but I’m excited about Johnny Manziel aka “Johnny Football” playing in the NFL. It’s not just that he might finally solidify a revolving door quarterback position for the Cleveland Browns but that he brings excitement and uncertainty to every play. If only there was […]

Renee Daley, Realtor | licensed in the state of CT | William Raveis Real Estate | Al Filippone Assoc. | 75 Station Street, Southport, CT 06890 | Page last updated: July 11, 2014 @ 9:00 am Log in
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