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Jim Costello's Blog


Should I lock my rate?
Updated Oct. 9, 2013
Where are mortgage rates headed? Are mortgage rates going lower or higher? Although nobody can predict where rates are headed, I can offer you my insight.. The Federal Reserve has yet to begin its continued purchase of $600 Billion worth of Fannie Mae bonds, known as Quantitative Easing. What does that mean for...
No Money Down Loans
Updated Oct. 9, 2013
There are a lot of facts and myths floating around about mortgage programs these days. These misconceptions start from buyers seeing promises of no money down real estate advertising. Can someone buy a home with no money down in today's environment? The answer is yes and no.. Many of the creative financing...
12 Big Mistakes Home Buyers Make
Updated Oct. 9, 2013
1. Once you marry, you're responsible for your spouse's debt.Many couples think marrying each other means merging their debt loads, but that generally is not the case. While many couples opt to pay down debt together, neither spouse is usually legally obligated to pay off debt that the other incurred...

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