Premiere Mortgage Services Inc. - Dana Bain

Are you still paying rent?  Rent is climbing higher than what a mortgage payment would be.  Stop giving equity to your landlord by paying his mortgage and start building equity in your own home!  You could possibly buy your first home with as little as 3% down and in some instances possibly less. 

Our team at Premiere Mortgage prides itself on helping first time home buyers understand the home buying process.

First time home buyer tips come in all shapes and sizes. From little tricks of the trade related to the mortgage process to insider information on selecting a real estate agent, there surely is no shortage of guidance available to a first time home buyer.

But much of this important information is fragmented – meaning a first time home buyer must look in many places to get the information they need throughout the home buying process. This lengthy and often convoluted research process can deter a first time home buyer from starting the home buying process.

Well, look no further. Our team of experienced brokers at Premiere Mortgage have put together a detailed compilation of some of the best first time home buyer tips available. It is our hope that a first time home buyer who follows some or all of these surefire tips will be better prepared for their first home buying experience.

Welcome to Premiere Mortgage Services, Inc., where you’ll find the best mortgage rates and a loan program that's best for you. We’re Robin and Dana Bain, and we provide Massachusetts and New Hampshire mortgage loans for home purchases and refinancing. Dana Bain has been originating mortgage loans for over 30 years and we treat our clients like family. 


Ask us how to get started today.  


How To Contact Us

By Phone:978-422-2311 (Office)
 978-501-0427 (Mobile)
By Fax:978-293-9000 (Fax)
By e-mail:info@BainMortgage.com
Address:PREMIERE MORTGAGE SERVICES, INC.
11 Malvern Hill Road
Sterling, MA  01564-2829



Posted by Dana Bain on November 6th, 2018 1:40 PM

Newsletter-October 29th, 2018
Provided by
Dana Bain
DanaBain
Premiere Mortgage Services
11 Malvern Hill Road
Sterling, MA01564
Phone: (978) 422-2311
Fax: (978) 422-2313
E-Mail:dana@bainmortgage.com

Market Comment

Mortgage bond prices finished the week near unchanged despite some sharp swings throughout the week. Rates fell slightly the first portion of the week amid no data and a strong stock selloff. Many of the improvements were erased Wednesday afternoon and Thursday morning as stocks recovered some of the earlier losses. Durable goods orders rose 0.8%. Analysts expected a 1% decrease. Weekly jobless claims were 215K, expected 214K. Continuing claims were 1.636M vs the 1.653M expected. Gross domestic product rose 3.5% versus the expected 3.3% increase. Consumer sentiment was 98.6 versus the expected 99. Stocks sold off again Friday morning. Mortgage interest rates finished the week unchanged to better by 1/8 of a discount point.


LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

Personal Income and Outlays

Monday, Oct. 29,
8:30 am, et

Up 0.3%,
Up 0.2%

Important. A measure of consumers’ ability to spend. Weakness may lead to lower mortgage rates.
PCE Core Inflation

Monday, Oct. 29,
8:30 am, et

Up 0.1%

Important. A measure of price increases for all domestic personal consumption. Weaker figure may help rates improve.
Consumer Confidence

Tuesday, Oct. 30,
10:00 am, et

138.5

Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.
ADP Employment

Wednesday, Oct. 31,
8:30 am, et

228KImportant. An indication of employment. Weakness may bring lower rates.
Q3 Employment Cost Index

Wednesday, Oct. 31,
8:30 am, et

Up 0.7%Very important. A measure of wage inflation. Weakness may lead to lower rates.
Weekly Jobless Claims

Thursday, Nov. 1,
8:30 am, et

215KImportant. An indication of employment. Higher claims may result in lower rates.
Preliminary Q3 Productivity

Thursday, Nov. 1,
8:30 am, et

Up 2.9%Important. A measure of output per hour. Improvement may lead to lower mortgage rates.
ISM Index

Thursday, Nov. 1,
10:00 am, et

59.9Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates.
Employment

Friday, Nov. 2,
8:30 am, et

3.7%,
Payrolls +135K
Very important. An increase in unemployment or weakness in payrolls may bring lower rates.
Factory Orders

Friday, Nov. 2,
10:00 am, et

Up 2.3%Important. A measure of manufacturing sector strength. Weakness may lead to lower rates.

A Sure Thing

Timing is one of the most important factors in success. Unfortunately, knowing the perfect time to lock in a loan is impossible until after the fact. While analysts constantly try to predict the future, the bottom line is they continually fall short in terms of accuracy. The Fed is a prime example of this. They constantly adjust inflation expectations and rate hikes accordingly. Mortgage rates remain historically favorable and are a sure thing. Floating is risky.

 

MORTGAGE MARKET IN REVIEWNewsletter-October 29th, 2018

Looking for home mortgage rates in Massachusetts & New Hampshire Get Pre Approved Dana Bain BainMortgage

Hamden County Agawam 01001, Blanford 01008, Bondsville 01009, Brimfield 01010, Chester 01011, Chicopee 01013, Chicopee 01014, Chicopee 01020, Chicopee 01021, Chicopee 01022, East Longmeadow 01028, Feeding Hills 01030, Granville 01034, Hampden 01036, Holyoke 01040, Holyoke 01041, Ludlow 01056, Monson 01057, Palmer 01069, Russell 01071, Southwick 01077, Thorndike 01079, Three Rivers 01080, Wales 01081, Westfield 01085, Westfield 01086, Wilbraham 01095, Woronoco 01097, Springfield 01101, Springfield 01102, Springfield 01103, Springfield 01104, Springfield 01105, Springfield 01106, Longmeadow 01107, Springfield 01108, Springfield 01109, Springfield 01111, Springfield 01115, Longmeadow 01116, Springfield 01118, Springfield 01119, Springfield 01128, Springfield 01129, Springfield 01138, Springfield 01139, Springfield 01144, Indian Orchard 01151, Springfield 01152, Springfield 01199, Holland 01521, West Springfield 01089, West Springfield 01090, 

 

Middlesex County Ashby 01431, Ayer 01432, Devens 01434, Groton 01450, Littleton 01460, Pepperell 01463, Shirley, 01464, Townsend 01469, Groton 01470, Groton 01471, West Groton, 01472, West Townsend 01474, Framingham 01701, Framingham 01702, Framingham 01703, Framingham 01704, Framingham 01705, Acton 01718, Boxborough 01719, Acton 01720, Ashland 01721, Bedford 01730, Hanscom AFB 01731, Carlisle 01741, Concord 01742, Holliston 01746, Hopkinton 01748,  Hudson 01749, Marlborough 01752, Maynard 01754, Natick 01760, Sherborn 01770, Lincoln 01773, Stow 01775, Sudbury 01776, Wayland 01778, Woodville 01784, Woburn 01801, Burlington 01803, Burlington 01805, Woburn 01813, Woburn 01815, Billerica 01821, Billerica 01822, Chelmsford 01824, Dracut 01826, Dunstable 01827, Lowell 01850, Lowell 01851, Lowell 01852, Lowell 01853, Lowell 01854, North Billerica 01862, North Chelmsford 01863, North Reading 01864, Nutting Lake 01865, Pinehurst 01866, Reading 01867, Tewksbury 01876, Tyngsboro 01879, Wakefield 01880, Westford 01886, Wilmington 01886, Woburn 01888, North Reading 01889, Winchester 01890, Cambridge 02138, Cambridge 02139, Cambridge 02140, Cambridge 02141, Cambridge 02142, Somerville 02143, Somerville 02144, Somerville 02145, Malden 02148, Everett 02149, Medford 02153, Medford 02155, West Medford 02156, Melrose 02176, Stoneham 02180, Cambridge 02238, Waltham 02451, Waltham 02452, Waltham 02453, Waltham 02454, North Waltham 02455, New Town 02456, Newton 02458, Newton Center 02459, Newtonville 02460, Newton Highlands 02461, Newton Lower Falls 02462, Newton Upper Falls 02464, West Newton 02465, Auburndale 02466, Chestnut Hill 02467, Waban 02468, Watertown 02471, Watertown 02472, Arlington 02474, Arlington Heights 02475, Arlington 02476, Watertown 02477, Belmont 02478, Waverley 02479, Weston 02493, Nonantum 02532, Lexington 02420, Lexington 02421

 

Essex County Andover 01899, Lynn 01901, Lynn 01902, Lynn 01903, Lynn 01904, Lynn 01905, Saugus 01906, Swampscott 01907, Nahant 01908, Lynn 01910, Amesbury 01913, Beverly 01915, Boxford, 01921, Byfield 01922, Danvers 01923, Essex 01929, Gloucester 01930, Gloucester 01931, Hamilton 01936, Hawthorne 01937, Ipswich 01938, Lynnfield 01940, Manchester 01944, Marblehead 01945, Middleton 01949, Newburyport 01950, Newbury 01951, Salisbury 01952, Peabody 01960, Peabody 01961, Prides Crossing 01965, Rockport 01966, Rowley 01969, Salem 01970, Salem 01971, South Hamilton 01982, Topsfield 01983, Wenham 01984, West Newbury 01985, Andover 01810, Andover 01812, Haverhill 01830, Haverhill 01831, Haverhill 01832, Georgetown 01833, Groveland 01834, Haverhill 01835, Lawrence 01840, Lawrence 01841, Lawrence 01842, Lawrence 01843, Methuen 01844, North Andover 01845, Merrimac 01860, West Boxford 01885, Andover 05501, 

 

Norfolk County Bellingham 02019, Canton 02020, Cohasset 02025, Dedham 02026, Dover 02030, East Walpole 02032, Foxboro 02035, Franklin 02038, Medfield 02052, Medway 02053, Millis 02054, Norfolk 02056, Norwood 02062, Sharon 02067, Sheldonville 02070, South Walpole 02071, Stoughton 02072, Walpole 02081, Westwood 02090, Wrentham 02093, Quincy 02169, Quincy 02170, Quincy 02171, Braintree 02184, Braintree 02185, Milton 02186, Milton Village 02187, Weymouth 02188, East Weymouth 02189, South Weymouth 02190, North Weymouth 02191, Avon 02322, Holbrook 02343, Randolph 02368, Brookline 02445, Brookline 02446, Brookline Village 02447, Babson Park 02457, Wellesley Hills 02481, Wellesley 02482, Needham 02492, Needham Heights 02494,

 

Worcester County Barre 01005, Hardwick 01037, Oakham 01068, South Barre 01074, Warren 01083, West Warren 01092, Wheelwright 01094, Athol 01331, Petersham 01366, Royalston 01368, Fitchburg 01420, Ashburnham 01430, Baldwinville 01436, East Templeton 01438, Gardner 01440, Westminster 01441, Harvard 01451, Hubbardston 01452, Leominster 01453, Lunenburg 01462, Still River 01467, Templeton 01468, Winchendon 01475, Auburn 01501, Berlin 01503, Blackstone 01504, Boylston 01505, Brookfield 01506, Charlton 01507, Charlton City 01508, Charlton Depot 01509, Clinton 01510, East Brookfield 01515, Douglas 01516, Fiskdale 01518, Grafton 01519, Holden 01520, Jefferson 01522, Lancaster 01523, Leicester 01524, Linwood 01525, Manchaug 01526, Millbury 01527, Millville 01529, New Braintree 01531, Northborough 01532, Northbridge 01534, North Brookfield 01535, North Grafton 01536, North Oxford 01537, North Uxbridge 01538, Oxford 01540, Princeton 01541, Rochdale 01542, Rutland 01543, Shrewsbury 01545, Southbridge 01550, South Grafton 01560, Spencer 01562, Sterling 01564, Sturbridge 01566, Upton 01568, Uxbridge 01569, Webster 01570, Dudley 01571, Westborough 01581, West Boylston 01583, West Brookfield 01585, West Millbury 01586, Whitinsville 01588, Sutton 01590, Worcester 01601, Worcester 01602, Worcester 01603, Worcester 01604, Worcester 01605, Worcester 01606, Worcester 01607, Worcester 01608, Worcester 01609, Worcester 01610, Worcester 01611, Worcester 01612, Worcester 01613, Worcester 01614, Worcester 01615, Worcester 01653, Worcester 01655, Bolton 01740, Fayville 01745, Hopedale 01747, Mendon 01756, Milford 01757, Southborough 01772, Plainville 02762, Gilbertville 01031,

 

Suffolk County Boston 02108, Boston 02109, Boston 02110, Boston 02111, Boston 02112, Boston 02113, Boston 02114, Boston 02115, Boston 02116, Boston 02117, Boston 02118, Roxbury 02119, Roxbury Crossing 02120, Dorchester 02121, Dorchester 02122, Boston, 02123, Dorchester Center 02124, Dorchester 02125, Mattapan 02126, South Boston, 02127, East Boston 02128, Charlestown 02129, Jamaica Plain 02130, Roslindale 02131, West Roxbury 02132, Boston 02133, Allston 02134, Brighton 02135, Hyde Park 02136, Readville 02137, Chelsea 02150, Revere 02151, Winthrop 02152, Boston 02163, Boston 02196, Boston 02199, Boston 02201, Boston 02203, Boston 02204, Boston 02205, Boston 02206, Boston, 02210, Boston 02211, Boston 02212, Boston 02215, Boston, 02217, Boston 02222, Boston 02241, Boston 02266, Boston 02269, Boston 02283, Boston 02284, Boston 02293, Boston 02297, Boston 02298, 

 

Plymouth County Brockton 02301, Brockton 02302, Brockton 02303, Brockton 02304, Brockton 02305, Bridgewater 02324, Bridgewater 02325, Bryantville 02327, Carver 02330, Duxbury 02331, Duxbury 02332, East Bridgewater 02333, Elmwood 02337, Halifax 02338, Hanover 02339, Hanson 02341, Middleboro 02344, Manomet 02345, Middleboro 02346, Lakeville 02347, Lakeville 02348, Middleboro 02349, Monponsett 02350, Abington 02351, North Carver 02355, North Pembroke 02358, Pembroke 02359, Plymouth 02360, Plymouth 02361, Plymouth 02362, Kingston 02364, South Carver 02366, Plympton 02367, Rockland  02370, West Bridgewater 02379, White Horse Beach 02381, Whitman 02382, East Wareham 02538, Onset 02558, Wareham 02571, West Wareham 02576, Marion 02738, Mattapoisett 02739, Rochester 02770, Accord 02018, Brant Rock 02020, Greenbush 02040, Green Harbor 02041, Hingham 02043, Hingham 02044, Hull 02045, Humarock 02047, Marshfield 02050, Marshfield Hills 02051, Minot 02055, North Marshfield 02059, North Scituate 02060, Norwell 02061, Ocean Bluff 02065, Scituate 02066, 

 

Bristol County Mansfield 02048, Easton 02334, North Easton 02356, North Easton 02357, South Easton 02375, Assonet 02702, Attleboro 02703, Chartley 02712, Dartmouth 02714, Dighton 02715, East Freetown 02717, East Taunton 02718, Fairhaven 02719, Fall River 02720, Fall River 02721, Fall River 02722, Fall River 02724, Somerset 02725, Somerset 02726, New Bedford 02740, New Bedford 02741, New Bedford 02742, Acushnet 02743, New Bedford 02744, New Bedford 02745, New Bedford 02746, North Dartmouth 02747, South Dartmouth 02748, North Attleboro 02760, North Attleboro 02761, Attleboro Falls 02763, North Dighton 02764, Norton 02766, Raynham 02767, Raynham Center 02768, Rehoboth 02769, Seekonk 02771, Swansea 02777, Berkley 02779, Taunton 02780, Westport 02790, Westport Point 02791, 

 

Dukes County Cuttyhunk 02713, Chillmark 02535, Edgartown 02539, Menemsha 02552, Oak Bluffs 02557, Vineyard Haven 02568, West Tisbury 02575, 

 

Barnstable County Buzzards Bay 02532, Cataumet 02534, East Falmouth 02536, East Sandwich 02537, Falmouth 02540, Falmouth 02541, Buzzards Bay 02542, Woods Hole 02543, Monument Beach 02553, North Falmouth 02556, Pocasset 02559, Sagamore 02561, Sagamore Beach 02562, Sandwich 02563, West Falmouth 02574, Hyannis 02601, Barnstable 02630, Brewster 02631, Centerville 02632, Chatham 02633, Centerville 02634, Cotuit 02635, Cummaquid 02637, Dennis 02638, Dennis Port, 02639, East Dennis 02641, Eastham 02642, East Orleans 02643, Forestdale 02644, Harwich 02645, Harwich Port 02646, Hyannis Port 02647, Marstons Mills 02648, Mashpee 02649, North Chatham 02650, North Eastham 02651, North Truro 02652, Orleans 02653, Osterville 02655, Provincetown 02657, South Chatham 02659, South Dennis 02660, South Harwich 02661, South Orleans 02662, South Wellfleet 02663, South Yarmouth 02664, Truro 02666, Wellfleet 02667, West Barnstable 02668, West Chatham 02669, West Dennis 02670, West Harwich 02671, West Hyannisport 02672, West Yarmouth 02673, Yarmouth Port 02675, 

 

Nantucket County Nantucket 02554, Siasconset 02564, Nantucket 02584, 

 

Hampshire County Amherst 01002, Amherst 01003, Amherst 01004, Belchertown 01007, Chesterfield 01012, Cummington 01026, Easthampton 01027, Goshen 01032, Granby 01033, Hadley 01035, Hatfield 01038, Haydenville 01039, Huntington 01050, Leeds 01053, North Amherst 01059, Northampton 01060, Northampton 01061, Florence 01062, Northampton 01062, Northampton 01063, North Hatfield 01066, Plainfield 01070, Southampton 01073, South Hadley 01075, Ware 01082, West Chesterfield 01084, West Hatfield 01088, Williamsburg01096, Worthington 01098, Middlefield 01243, 

 

Franklin County Leverett 01054, Shutesbury 01072, Whately 01093, Greenfield 01301, Greenfield 01302, Ashfield 01330, Bernardston 01337, Buckland 01338, Charlemont 01339, Colrain 01340, Conway 01341, Deerfield 01342, Erving 01344, Heath 01346, Lake Pleasant 01347, Millers Falls 01349, Monroe Bridge 01350, Montague 01351, Gill 01354, New Salem 01355, Northfield 01360, Orange 01364, Rowe 01367, Shelburne Falls 01370, South Deerfield 01373, Sunderland 01375, Turners Falls 01376, Warwick 01378, Wendell 01379, Wendell Depot 01380, 

 

Berkshire County Pittsfield 01201, Pittsfield 01202, Pittsfield 01203, Adams 01220, Ashley Falls 01222, Becket 01223, Berkshire 01224, Cheshire 01225, Dalton 01226, Glendale 01229, Great Barrington 01230, Hinsdale 01235, Housatonic 01236, Lanesborough 01237, Lee 01238, Lenox 01240, Lenox Date 01242, Mill River 01244, Monterey 01245, North Adams 01247, North Egremont 01252, Otis 01253, Richmond 01254, Sandisfield 01255, Savoy 01256, Sheffield 01257, South Egremont 01258, Southfield 01259, South Lee 01260, Stockbridge 01262, Stockbridge 01263, Tyringham 01264, West Stockbridge 01266, Williamstown 01267, Windsor 01270, Drury 01343, East Otis 01029, 

 


Posted in:General and tagged: bainmortgageHamdenCountyAgawam01001Blanford01008Bondsville01009Brimfield01010Chester01011Chicopee01013Chicopee01014Chicopee01020Chicopee01021Chicopee01022EastLongmeadow01028FeedingHills01030Granville01034Hampden01036Holyoke01040Holyoke01041Ludlow01056Monson01057Palmer01069Russell01071Southwick01077Thorndike01079ThreeRivers01080Wales01081Westfield01085Westfield01086Wilbraham01095Woronoco01097Springfield01101Springfield01102Springfield01103Springfield01104Springfield01105Springfield01106Longmeadow01107Springfield01108Springfield01109Springfield01111Springfield01115Longmeadow01116Springfield01118Springfield01119Springfield01128Springfield01129Springfield01138Springfield01139Springfield01144IndianOrchard01151Springfield01152Springfield01199Holland01521WestSpringfield01089WestSpringfield01090MiddlesexCountyAshby01431Ayer01432Devens01434Groton01450Littleton01460Pepperell01463Shirley01464Townsend01469Groton01470Groton01471WestGroton01472WestTownsend01474Framingham01701Framingham01702Framingham01703Framingham01704Framingham01705Acton01718Boxborough01719Acton01720Ashland01721Bedford01730HanscomAFB01731Carlisle01741Concord01742Holliston01746Hopkinton01748Hudson01749Marlborough01752Maynard01754Natick01760Sherborn01770Lincoln01773Stow01775Sudbury01776Wayland01778Woodville01784Woburn01801Burlington01803Burlington01805Woburn01813Woburn01815Billerica01821Billerica01822Chelmsford01824Dracut01826Dunstable01827Lowell01850Lowell01851Lowell01852Lowell01853Lowell01854NorthBillerica01862NorthChelmsford01863NorthReading01864NuttingLake01865Pinehurst01866Reading01867Tewksbury01876Tyngsboro01879Wakefield01880Westford01886Wilmington01886Woburn01888NorthReading01889Winchester01890Cambridge02138Cambridge02139Cambridge02140Cambridge02141Cambridge02142Somerville02143Somerville02144Somerville02145Malden02148Everett02149Medford02153Medford02155WestMedford02156Melrose02176Stoneham02180Cambridge02238Waltham02451Waltham02452Waltham02453Waltham02454NorthWaltham02455NewTown02456Newton02458NewtonCenter02459Newtonville02460NewtonHighlands02461NewtonLowerFalls02462NewtonUpperFalls02464WestNewton02465Auburndale02466ChestnutHill02467Waban02468Watertown02471Watertown02472Arlington02474ArlingtonHeights02475Arlington02476Watertown02477Belmont02478Waverley02479Weston02493Nonantum02532Lexington02420Lexington02421EssexCountyAndover01899Lynn01901Lynn01902Lynn01903Lynn01904Lynn01905Saugus01906Swampscott01907Nahant01908Lynn01910Amesbury01913Beverly01915Boxford01921Byfield01922Danvers01923Essex01929Gloucester01930Gloucester01931Hamilton01936Hawthorne01937Ipswich01938Lynnfield01940Manchester01944Marblehead01945Middleton01949Newburyport01950Newbury01951Salisbury01952Peabody01960Peabody01961PridesCrossing01965Rockport01966Rowley01969Salem01970Salem01971SouthHamilton01982Topsfield01983Wenham01984WestNewbury01985Andover01810Andover01812Haverhill01830Haverhill01831Haverhill01832Georgetown01833Groveland01834Haverhill01835Lawrence01840Lawrence01841Lawrence01842Lawrence01843Methuen01844NorthAndover01845Merrimac01860WestBoxford01885Andover05501NorfolkCountyBellingham02019Canton02020Cohasset02025Dedham02026Dover02030EastWalpole02032Foxboro02035Franklin02038Medfield02052Medway02053Millis02054Norfolk02056Norwood02062Sharon02067Sheldonville02070SouthWalpole02071Stoughton02072Walpole02081Westwood02090Wrentham02093Quincy02169Quincy02170Quincy02171Braintree02184Braintree02185Milton02186MiltonVillage02187Weymouth02188EastWeymouth02189SouthWeymouth02190NorthWeymouth02191Avon02322Holbrook02343Randolph02368Brookline02445Brookline02446BrooklineVillage02447BabsonPark02457WellesleyHills02481Wellesley02482Needham02492NeedhamHeights02494WorcesterCountyBarre01005Hardwick01037Oakham01068SouthBarre01074WestWarren01092Wheelwright01094Athol01331Petersham01366Royalston01368Fitchburg01420Ashburnham01430Baldwinville01436EastTempleton01438Gardner01440Westminster01441Harvard01451Hubbardston01452Leominster01453Lunenburg01462StillRiver01467Templeton01468Winchendon01475Auburn01501Berlin01503Blackstone01504Boylston01505Brookfield01506Charlton01507CharltonCity01508CharltonDepot01509Clinton01510EastBrookfield01515Douglas01516Fiskdale01518Grafton01519Holden01520Jefferson01522Lancaster01523Leicester01524Linwood01525Manchaug01526Millbury01527Millville01529NewBraintree01531Northborough01532Northbridge01534NorthBrookfield01535NorthGrafton01536NorthOxford01537NorthUxbridge01538Oxford01540Princeton01541Rochdale01542Rutland01543Shrewsbury01545Southbridge01550SouthGrafton01560Spencer01562Sterling01564Sturbridge01566Upton01568Uxbridge01569Webster01570Dudley01571Westborough01581WestBoylston01583WestBrookfield01585WestMillbury01586Whitinsville01588Sutton01590Worcester01601Worcester01602Worcester01603Worcester01604Worcester01605Worcester01606Worcester01607Worcester01608Worcester01609Worcester01610Worcester01611Worcester01612Worcester01613Worcester01614Worcester01615Worcester01653Worcester01655Bolton01740Fayville01745Hopedale01747Mendon01756Milford01757Southborough01772Plainville02762Gilbertville01031SuffolkCountyBoston02108Boston02109Boston02110Boston02111Boston02112Boston02113Boston02114Boston02115Boston02116Boston02117Boston02118Roxbury02119RoxburyCrossing02120Dorchester02121Dorchester02122Boston02123DorchesterCenter02124Dorchester02125Mattapan02126SouthBoston02127EastBoston02128Charlestown02129JamaicaPlain02130Roslindale02131WestRoxbury02132Boston02133Allston02134Brighton02135HydePark02136Readville02137Chelsea02150Revere02151Winthrop02152Boston02163Boston02196Boston02199Boston02201Boston02203Boston02204Boston02205Boston0220602210Boston02211Boston02212Boston0221502217Boston02222Boston02241Boston02266Boston02269Boston02283Boston02284Boston02293Boston02297Boston02298PlymouthCountyBrockton02301Brockton02302Brockton02303Brockton02304Brockton02305Bridgewater02324Bridgewater02325Bryantville02327Carver02330Duxbury02331Duxbury02332EastBridgewater02333Elmwood02337Halifax02338Hanover02339Hanson02341Middleboro02344Manomet02345Middleboro02346Lakeville02347Lakeville02348Middleboro02349Monponsett02350Abington02351NorthCarver02355NorthPembroke02358Pembroke02359Plymouth02360Plymouth02361Plymouth02362Kingston02364SouthCarver02366Plympton02367Rockland02370WestBridgewater02379WhiteHorseBeach02381Whitman02382EastWareham02538Onset02558Wareham02571WestWareham02576Marion02738Mattapoisett02739Rochester02770Accord02018BrantRock02020Greenbush02040GreenHarbor02041Hingham02043Hingham02044Humarock02047Marshfield02050MarshfieldHills02051Minot02055NorthMarshfield02059NorthScituate02060Norwell02061OceanBluff02065Scituate02066BristolCountyMansfield02048Easton02334NorthEaston02356NorthEaston02357SouthEaston02375Assonet02702Attleboro02703Chartley02712Dartmouth02714Dighton02715EastFreetown02717EastTaunton02718Fairhaven02719FallRiver02720FallRiver02721FallRiver02722FallRiver02724Somerset02725Somerset02726NewBedford02740NewBedford02741NewBedford02742Acushnet02743NewBedford02744NewBedford02745NewBedford02746NorthDartmouth02747SouthDartmouth02748NorthAttleboro02760NorthAttleboro02761AttleboroFalls02763NorthDighton02764Norton02766Raynham02767RaynhamCenter02768Rehoboth02769Seekonk02771Swansea02777Berkley02779Taunton02780Westport02790WestportPoint02791Chillmark02535Edgartown02539Menemsha02552OakBluffs02557VineyardHaven02568WestTisbury02575BarnstableCountyBuzzardsBay02532Cataumet02534EastFalmouth02536EastSandwich02537Falmouth02540Falmouth02541BuzzardsBay02542WoodsHole02543MonumentBeach02553NorthFalmouth02556Pocasset02559Sagamore02561SagamoreBeach02562Sandwich02563WestFalmouth02574Hyannis02601Barnstable02630Brewster02631Centerville02632Chatham02633Centerville02634Cotuit02635Cummaquid02637Dennis02638DennisPort02639EastDennis02641Eastham02642EastOrleans02643Forestdale02644Harwich02645HarwichPort02646HyannisPort02647MarstonsMills02648Mashpee02649NorthChatham02650NorthEastham02651NorthTruro02652Orleans02653Osterville02655Provincetown02657SouthChatham02659SouthDennis02660SouthHarwich02661SouthOrleans02662SouthWellfleet02663Truro02666Wellfleet02667WestBarnstable02668WestChatham02669WestHarwich02671WestHyannisport02672WestYarmouth02673YarmouthPort02675NantucketCountyNantucket02554Siasconset02564Nantucket02584HampshireCountyAmherst01002Amherst01003Amherst01004Belchertown01007Chesterfield01012Cummington01026Easthampton01027Goshen01032Granby01033Hadley01035Hatfield01038Haydenville01039Huntington01050Leeds01053NorthAmherst01059Northampton01060Northampton01061Florence01062Northampton01062Northampton01063NorthHatfield01066Plainfield01070Southampton01073SouthHadley01075Ware01082WestChesterfield01084WestHatfield01088Williamsburg01096Worthington01098Middlefield01243FranklinCountyLeverett01054Shutesbury01072Whately01093Greenfield01301Greenfield01302Ashfield01330Bernardston01337Buckland01338Charlemont01339Colrain01340Conway01341Deerfield01342Erving01344Heath01346LakePleasant01347MillersFalls01349MonroeBridge01350Montague01351Gill01354NewSalem01355Northfield01360Orange01364Rowe01367ShelburneFalls01370SouthDeerfield01373Sunderland01375TurnersFalls01376Warwick01378Wendell01379WendellDepot01380BerkshireCountyPittsfield01201Pittsfield01202Pittsfield01203Adams01220AshleyFalls01222Becket01223Berkshire01224Cheshire01225Dalton01226Glendale01229GreatBarrington01230Hinsdale01235Housatonic01236Lanesborough01237Lee01238Lenox01240LenoxDate01242MillRiver01244Monterey01245NorthAdams01247NorthEgremont01252Otis01253Richmond01254Sandisfield01255Savoy01256Sheffield01257SouthEgremont01258Southfield01259SouthLee01260Stockbridge01262Stockbridge01263Tyringham01264WestStockbridge01266Williamstown01267Windsor01270Drury01343EastOtis01029bedDukesCountyCuttyhunk02713WestDennis02670
Posted by Dana Bain on October 27th, 2018 6:33 PM

Newsletter-October 29th, 2018
Provided by
Dana Bain
DanaBain
Premiere Mortgage Services
11 Malvern Hill Road
Sterling, MA01564
Phone: (978) 422-2311
Fax: (978) 422-2313
E-Mail:dana@bainmortgage.com

Market Comment

Mortgage bond prices finished the week near unchanged despite some sharp swings throughout the week. Rates fell slightly the first portion of the week amid no data and a strong stock selloff. Many of the improvements were erased Wednesday afternoon and Thursday morning as stocks recovered some of the earlier losses. Durable goods orders rose 0.8%. Analysts expected a 1% decrease. Weekly jobless claims were 215K, expected 214K. Continuing claims were 1.636M vs the 1.653M expected. Gross domestic product rose 3.5% versus the expected 3.3% increase. Consumer sentiment was 98.6 versus the expected 99. Stocks sold off again Friday morning. Mortgage interest rates finished the week unchanged to better by 1/8 of a discount point.


LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

Personal Income and Outlays

Monday, Oct. 29,
8:30 am, et

Up 0.3%,
Up 0.2%

Important. A measure of consumers’ ability to spend. Weakness may lead to lower mortgage rates.
PCE Core Inflation

Monday, Oct. 29,
8:30 am, et

Up 0.1%

Important. A measure of price increases for all domestic personal consumption. Weaker figure may help rates improve.
Consumer Confidence

Tuesday, Oct. 30,
10:00 am, et

138.5

Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.
ADP Employment

Wednesday, Oct. 31,
8:30 am, et

228KImportant. An indication of employment. Weakness may bring lower rates.
Q3 Employment Cost Index

Wednesday, Oct. 31,
8:30 am, et

Up 0.7%Very important. A measure of wage inflation. Weakness may lead to lower rates.
Weekly Jobless Claims

Thursday, Nov. 1,
8:30 am, et

215KImportant. An indication of employment. Higher claims may result in lower rates.
Preliminary Q3 Productivity

Thursday, Nov. 1,
8:30 am, et

Up 2.9%Important. A measure of output per hour. Improvement may lead to lower mortgage rates.
ISM Index

Thursday, Nov. 1,
10:00 am, et

59.9Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates.
Employment

Friday, Nov. 2,
8:30 am, et

3.7%,
Payrolls +135K
Very important. An increase in unemployment or weakness in payrolls may bring lower rates.
Factory Orders

Friday, Nov. 2,
10:00 am, et

Up 2.3%Important. A measure of manufacturing sector strength. Weakness may lead to lower rates.

A Sure Thing

Timing is one of the most important factors in success. Unfortunately, knowing the perfect time to lock in a loan is impossible until after the fact. While analysts constantly try to predict the future, the bottom line is they continually fall short in terms of accuracy. The Fed is a prime example of this. They constantly adjust inflation expectations and rate hikes accordingly. Mortgage rates remain historically favorable and are a sure thing. Floating is risky.

 

MORTGAGE MARKET IN REVIEWNewsletter-October 29th, 2018

Looking for home mortgage rates in Massachusetts & New Hampshire Get Pre Approved Dana Bain BainMortgage

Hamden County Agawam 01001, Blanford 01008, Bondsville 01009, Brimfield 01010, Chester 01011, Chicopee 01013, Chicopee 01014, Chicopee 01020, Chicopee 01021, Chicopee 01022, East Longmeadow 01028, Feeding Hills 01030, Granville 01034, Hampden 01036, Holyoke 01040, Holyoke 01041, Ludlow 01056, Monson 01057, Palmer 01069, Russell 01071, Southwick 01077, Thorndike 01079, Three Rivers 01080, Wales 01081, Westfield 01085, Westfield 01086, Wilbraham 01095, Woronoco 01097, Springfield 01101, Springfield 01102, Springfield 01103, Springfield 01104, Springfield 01105, Springfield 01106, Longmeadow 01107, Springfield 01108, Springfield 01109, Springfield 01111, Springfield 01115, Longmeadow 01116, Springfield 01118, Springfield 01119, Springfield 01128, Springfield 01129, Springfield 01138, Springfield 01139, Springfield 01144, Indian Orchard 01151, Springfield 01152, Springfield 01199, Holland 01521, West Springfield 01089, West Springfield 01090, 

 

Middlesex County Ashby 01431, Ayer 01432, Devens 01434, Groton 01450, Littleton 01460, Pepperell 01463, Shirley, 01464, Townsend 01469, Groton 01470, Groton 01471, West Groton, 01472, West Townsend 01474, Framingham 01701, Framingham 01702, Framingham 01703, Framingham 01704, Framingham 01705, Acton 01718, Boxborough 01719, Acton 01720, Ashland 01721, Bedford 01730, Hanscom AFB 01731, Carlisle 01741, Concord 01742, Holliston 01746, Hopkinton 01748,  Hudson 01749, Marlborough 01752, Maynard 01754, Natick 01760, Sherborn 01770, Lincoln 01773, Stow 01775, Sudbury 01776, Wayland 01778, Woodville 01784, Woburn 01801, Burlington 01803, Burlington 01805, Woburn 01813, Woburn 01815, Billerica 01821, Billerica 01822, Chelmsford 01824, Dracut 01826, Dunstable 01827, Lowell 01850, Lowell 01851, Lowell 01852, Lowell 01853, Lowell 01854, North Billerica 01862, North Chelmsford 01863, North Reading 01864, Nutting Lake 01865, Pinehurst 01866, Reading 01867, Tewksbury 01876, Tyngsboro 01879, Wakefield 01880, Westford 01886, Wilmington 01886, Woburn 01888, North Reading 01889, Winchester 01890, Cambridge 02138, Cambridge 02139, Cambridge 02140, Cambridge 02141, Cambridge 02142, Somerville 02143, Somerville 02144, Somerville 02145, Malden 02148, Everett 02149, Medford 02153, Medford 02155, West Medford 02156, Melrose 02176, Stoneham 02180, Cambridge 02238, Waltham 02451, Waltham 02452, Waltham 02453, Waltham 02454, North Waltham 02455, New Town 02456, Newton 02458, Newton Center 02459, Newtonville 02460, Newton Highlands 02461, Newton Lower Falls 02462, Newton Upper Falls 02464, West Newton 02465, Auburndale 02466, Chestnut Hill 02467, Waban 02468, Watertown 02471, Watertown 02472, Arlington 02474, Arlington Heights 02475, Arlington 02476, Watertown 02477, Belmont 02478, Waverley 02479, Weston 02493, Nonantum 02532, Lexington 02420, Lexington 02421

 

Essex County Andover 01899, Lynn 01901, Lynn 01902, Lynn 01903, Lynn 01904, Lynn 01905, Saugus 01906, Swampscott 01907, Nahant 01908, Lynn 01910, Amesbury 01913, Beverly 01915, Boxford, 01921, Byfield 01922, Danvers 01923, Essex 01929, Gloucester 01930, Gloucester 01931, Hamilton 01936, Hawthorne 01937, Ipswich 01938, Lynnfield 01940, Manchester 01944, Marblehead 01945, Middleton 01949, Newburyport 01950, Newbury 01951, Salisbury 01952, Peabody 01960, Peabody 01961, Prides Crossing 01965, Rockport 01966, Rowley 01969, Salem 01970, Salem 01971, South Hamilton 01982, Topsfield 01983, Wenham 01984, West Newbury 01985, Andover 01810, Andover 01812, Haverhill 01830, Haverhill 01831, Haverhill 01832, Georgetown 01833, Groveland 01834, Haverhill 01835, Lawrence 01840, Lawrence 01841, Lawrence 01842, Lawrence 01843, Methuen 01844, North Andover 01845, Merrimac 01860, West Boxford 01885, Andover 05501, 

 

Norfolk County Bellingham 02019, Canton 02020, Cohasset 02025, Dedham 02026, Dover 02030, East Walpole 02032, Foxboro 02035, Franklin 02038, Medfield 02052, Medway 02053, Millis 02054, Norfolk 02056, Norwood 02062, Sharon 02067, Sheldonville 02070, South Walpole 02071, Stoughton 02072, Walpole 02081, Westwood 02090, Wrentham 02093, Quincy 02169, Quincy 02170, Quincy 02171, Braintree 02184, Braintree 02185, Milton 02186, Milton Village 02187, Weymouth 02188, East Weymouth 02189, South Weymouth 02190, North Weymouth 02191, Avon 02322, Holbrook 02343, Randolph 02368, Brookline 02445, Brookline 02446, Brookline Village 02447, Babson Park 02457, Wellesley Hills 02481, Wellesley 02482, Needham 02492, Needham Heights 02494,

 

Worcester County Barre 01005, Hardwick 01037, Oakham 01068, South Barre 01074, Warren 01083, West Warren 01092, Wheelwright 01094, Athol 01331, Petersham 01366, Royalston 01368, Fitchburg 01420, Ashburnham 01430, Baldwinville 01436, East Templeton 01438, Gardner 01440, Westminster 01441, Harvard 01451, Hubbardston 01452, Leominster 01453, Lunenburg 01462, Still River 01467, Templeton 01468, Winchendon 01475, Auburn 01501, Berlin 01503, Blackstone 01504, Boylston 01505, Brookfield 01506, Charlton 01507, Charlton City 01508, Charlton Depot 01509, Clinton 01510, East Brookfield 01515, Douglas 01516, Fiskdale 01518, Grafton 01519, Holden 01520, Jefferson 01522, Lancaster 01523, Leicester 01524, Linwood 01525, Manchaug 01526, Millbury 01527, Millville 01529, New Braintree 01531, Northborough 01532, Northbridge 01534, North Brookfield 01535, North Grafton 01536, North Oxford 01537, North Uxbridge 01538, Oxford 01540, Princeton 01541, Rochdale 01542, Rutland 01543, Shrewsbury 01545, Southbridge 01550, South Grafton 01560, Spencer 01562, Sterling 01564, Sturbridge 01566, Upton 01568, Uxbridge 01569, Webster 01570, Dudley 01571, Westborough 01581, West Boylston 01583, West Brookfield 01585, West Millbury 01586, Whitinsville 01588, Sutton 01590, Worcester 01601, Worcester 01602, Worcester 01603, Worcester 01604, Worcester 01605, Worcester 01606, Worcester 01607, Worcester 01608, Worcester 01609, Worcester 01610, Worcester 01611, Worcester 01612, Worcester 01613, Worcester 01614, Worcester 01615, Worcester 01653, Worcester 01655, Bolton 01740, Fayville 01745, Hopedale 01747, Mendon 01756, Milford 01757, Southborough 01772, Plainville 02762, Gilbertville 01031,

 

Suffolk County Boston 02108, Boston 02109, Boston 02110, Boston 02111, Boston 02112, Boston 02113, Boston 02114, Boston 02115, Boston 02116, Boston 02117, Boston 02118, Roxbury 02119, Roxbury Crossing 02120, Dorchester 02121, Dorchester 02122, Boston, 02123, Dorchester Center 02124, Dorchester 02125, Mattapan 02126, South Boston, 02127, East Boston 02128, Charlestown 02129, Jamaica Plain 02130, Roslindale 02131, West Roxbury 02132, Boston 02133, Allston 02134, Brighton 02135, Hyde Park 02136, Readville 02137, Chelsea 02150, Revere 02151, Winthrop 02152, Boston 02163, Boston 02196, Boston 02199, Boston 02201, Boston 02203, Boston 02204, Boston 02205, Boston 02206, Boston, 02210, Boston 02211, Boston 02212, Boston 02215, Boston, 02217, Boston 02222, Boston 02241, Boston 02266, Boston 02269, Boston 02283, Boston 02284, Boston 02293, Boston 02297, Boston 02298, 

 

Plymouth County Brockton 02301, Brockton 02302, Brockton 02303, Brockton 02304, Brockton 02305, Bridgewater 02324, Bridgewater 02325, Bryantville 02327, Carver 02330, Duxbury 02331, Duxbury 02332, East Bridgewater 02333, Elmwood 02337, Halifax 02338, Hanover 02339, Hanson 02341, Middleboro 02344, Manomet 02345, Middleboro 02346, Lakeville 02347, Lakeville 02348, Middleboro 02349, Monponsett 02350, Abington 02351, North Carver 02355, North Pembroke 02358, Pembroke 02359, Plymouth 02360, Plymouth 02361, Plymouth 02362, Kingston 02364, South Carver 02366, Plympton 02367, Rockland  02370, West Bridgewater 02379, White Horse Beach 02381, Whitman 02382, East Wareham 02538, Onset 02558, Wareham 02571, West Wareham 02576, Marion 02738, Mattapoisett 02739, Rochester 02770, Accord 02018, Brant Rock 02020, Greenbush 02040, Green Harbor 02041, Hingham 02043, Hingham 02044, Hull 02045, Humarock 02047, Marshfield 02050, Marshfield Hills 02051, Minot 02055, North Marshfield 02059, North Scituate 02060, Norwell 02061, Ocean Bluff 02065, Scituate 02066, 

 

Bristol County Mansfield 02048, Easton 02334, North Easton 02356, North Easton 02357, South Easton 02375, Assonet 02702, Attleboro 02703, Chartley 02712, Dartmouth 02714, Dighton 02715, East Freetown 02717, East Taunton 02718, Fairhaven 02719, Fall River 02720, Fall River 02721, Fall River 02722, Fall River 02724, Somerset 02725, Somerset 02726, New Bedford 02740, New Bedford 02741, New Bedford 02742, Acushnet 02743, New Bedford 02744, New Bedford 02745, New Bedford 02746, North Dartmouth 02747, South Dartmouth 02748, North Attleboro 02760, North Attleboro 02761, Attleboro Falls 02763, North Dighton 02764, Norton 02766, Raynham 02767, Raynham Center 02768, Rehoboth 02769, Seekonk 02771, Swansea 02777, Berkley 02779, Taunton 02780, Westport 02790, Westport Point 02791, 

 

Dukes County Cuttyhunk 02713, Chillmark 02535, Edgartown 02539, Menemsha 02552, Oak Bluffs 02557, Vineyard Haven 02568, West Tisbury 02575, 

 

Barnstable County Buzzards Bay 02532, Cataumet 02534, East Falmouth 02536, East Sandwich 02537, Falmouth 02540, Falmouth 02541, Buzzards Bay 02542, Woods Hole 02543, Monument Beach 02553, North Falmouth 02556, Pocasset 02559, Sagamore 02561, Sagamore Beach 02562, Sandwich 02563, West Falmouth 02574, Hyannis 02601, Barnstable 02630, Brewster 02631, Centerville 02632, Chatham 02633, Centerville 02634, Cotuit 02635, Cummaquid 02637, Dennis 02638, Dennis Port, 02639, East Dennis 02641, Eastham 02642, East Orleans 02643, Forestdale 02644, Harwich 02645, Harwich Port 02646, Hyannis Port 02647, Marstons Mills 02648, Mashpee 02649, North Chatham 02650, North Eastham 02651, North Truro 02652, Orleans 02653, Osterville 02655, Provincetown 02657, South Chatham 02659, South Dennis 02660, South Harwich 02661, South Orleans 02662, South Wellfleet 02663, South Yarmouth 02664, Truro 02666, Wellfleet 02667, West Barnstable 02668, West Chatham 02669, West Dennis 02670, West Harwich 02671, West Hyannisport 02672, West Yarmouth 02673, Yarmouth Port 02675, 

 

Nantucket County Nantucket 02554, Siasconset 02564, Nantucket 02584, 

 

Hampshire County Amherst 01002, Amherst 01003, Amherst 01004, Belchertown 01007, Chesterfield 01012, Cummington 01026, Easthampton 01027, Goshen 01032, Granby 01033, Hadley 01035, Hatfield 01038, Haydenville 01039, Huntington 01050, Leeds 01053, North Amherst 01059, Northampton 01060, Northampton 01061, Florence 01062, Northampton 01062, Northampton 01063, North Hatfield 01066, Plainfield 01070, Southampton 01073, South Hadley 01075, Ware 01082, West Chesterfield 01084, West Hatfield 01088, Williamsburg01096, Worthington 01098, Middlefield 01243, 

 

Franklin County Leverett 01054, Shutesbury 01072, Whately 01093, Greenfield 01301, Greenfield 01302, Ashfield 01330, Bernardston 01337, Buckland 01338, Charlemont 01339, Colrain 01340, Conway 01341, Deerfield 01342, Erving 01344, Heath 01346, Lake Pleasant 01347, Millers Falls 01349, Monroe Bridge 01350, Montague 01351, Gill 01354, New Salem 01355, Northfield 01360, Orange 01364, Rowe 01367, Shelburne Falls 01370, South Deerfield 01373, Sunderland 01375, Turners Falls 01376, Warwick 01378, Wendell 01379, Wendell Depot 01380, 

 

Berkshire County Pittsfield 01201, Pittsfield 01202, Pittsfield 01203, Adams 01220, Ashley Falls 01222, Becket 01223, Berkshire 01224, Cheshire 01225, Dalton 01226, Glendale 01229, Great Barrington 01230, Hinsdale 01235, Housatonic 01236, Lanesborough 01237, Lee 01238, Lenox 01240, Lenox Date 01242, Mill River 01244, Monterey 01245, North Adams 01247, North Egremont 01252, Otis 01253, Richmond 01254, Sandisfield 01255, Savoy 01256, Sheffield 01257, South Egremont 01258, Southfield 01259, South Lee 01260, Stockbridge 01262, Stockbridge 01263, Tyringham 01264, West Stockbridge 01266, Williamstown 01267, Windsor 01270, Drury 01343, East Otis 01029, 

 


Posted in:General and tagged: bainmortgageHamdenCountyAgawam01001Blanford01008Bondsville01009Brimfield01010Chester01011Chicopee01013Chicopee01014Chicopee01020Chicopee01021Chicopee01022EastLongmeadow01028FeedingHills01030Granville01034Hampden01036Holyoke01040Holyoke01041Ludlow01056Monson01057Palmer01069Russell01071Southwick01077Thorndike01079ThreeRivers01080Wales01081Westfield01085Westfield01086Wilbraham01095Woronoco01097Springfield01101Springfield01102Springfield01103Springfield01104Springfield01105Springfield01106Longmeadow01107Springfield01108Springfield01109Springfield01111Springfield01115Longmeadow01116Springfield01118Springfield01119Springfield01128Springfield01129Springfield01138Springfield01139Springfield01144IndianOrchard01151Springfield01152Springfield01199Holland01521WestSpringfield01089WestSpringfield01090MiddlesexCountyAshby01431Ayer01432Devens01434Groton01450Littleton01460Pepperell01463Shirley01464Townsend01469Groton01470Groton01471WestGroton01472WestTownsend01474Framingham01701Framingham01702Framingham01703Framingham01704Framingham01705Acton01718Boxborough01719Acton01720Ashland01721Bedford01730HanscomAFB01731Carlisle01741Concord01742Holliston01746Hopkinton01748Hudson01749Marlborough01752Maynard01754Natick01760Sherborn01770Lincoln01773Stow01775Sudbury01776Wayland01778Woodville01784Woburn01801Burlington01803Burlington01805Woburn01813Woburn01815Billerica01821Billerica01822Chelmsford01824Dracut01826Dunstable01827Lowell01850Lowell01851Lowell01852Lowell01853Lowell01854NorthBillerica01862NorthChelmsford01863NorthReading01864NuttingLake01865Pinehurst01866Reading01867Tewksbury01876Tyngsboro01879Wakefield01880Westford01886Wilmington01886Woburn01888NorthReading01889Winchester01890Cambridge02138Cambridge02139Cambridge02140Cambridge02141Cambridge02142Somerville02143Somerville02144Somerville02145Malden02148Everett02149Medford02153Medford02155WestMedford02156Melrose02176Stoneham02180Cambridge02238Waltham02451Waltham02452Waltham02453Waltham02454NorthWaltham02455NewTown02456Newton02458NewtonCenter02459Newtonville02460NewtonHighlands02461NewtonLowerFalls02462NewtonUpperFalls02464WestNewton02465Auburndale02466ChestnutHill02467Waban02468Watertown02471Watertown02472Arlington02474ArlingtonHeights02475Arlington02476Watertown02477Belmont02478Waverley02479Weston02493Nonantum02532Lexington02420Lexington02421EssexCountyAndover01899Lynn01901Lynn01902Lynn01903Lynn01904Lynn01905Saugus01906Swampscott01907Nahant01908Lynn01910Amesbury01913Beverly01915Boxford01921Byfield01922Danvers01923Essex01929Gloucester01930Gloucester01931Hamilton01936Hawthorne01937Ipswich01938Lynnfield01940Manchester01944Marblehead01945Middleton01949Newburyport01950Newbury01951Salisbury01952Peabody01960Peabody01961PridesCrossing01965Rockport01966Rowley01969Salem01970Salem01971SouthHamilton01982Topsfield01983Wenham01984WestNewbury01985Andover01810Andover01812Haverhill01830Haverhill01831Haverhill01832Georgetown01833Groveland01834Haverhill01835Lawrence01840Lawrence01841Lawrence01842Lawrence01843Methuen01844NorthAndover01845Merrimac01860WestBoxford01885Andover05501NorfolkCountyBellingham02019Canton02020Cohasset02025Dedham02026Dover02030EastWalpole02032Foxboro02035Franklin02038Medfield02052Medway02053Millis02054Norfolk02056Norwood02062Sharon02067Sheldonville02070SouthWalpole02071Stoughton02072Walpole02081Westwood02090Wrentham02093Quincy02169Quincy02170Quincy02171Braintree02184Braintree02185Milton02186MiltonVillage02187Weymouth02188EastWeymouth02189SouthWeymouth02190NorthWeymouth02191Avon02322Holbrook02343Randolph02368Brookline02445Brookline02446BrooklineVillage02447BabsonPark02457WellesleyHills02481Wellesley02482Needham02492NeedhamHeights02494WorcesterCountyBarre01005Hardwick01037Oakham01068SouthBarre01074Warren01083WestWarren01092Wheelwright01094Athol01331Petersham01366Royalston01368Fitchburg01420Ashburnham01430Baldwinville01436EastTempleton01438Gardner01440Westminster01441Harvard01451Hubbardston01452Leominster01453Lunenburg01462StillRiver01467Templeton01468Winchendon01475Auburn01501Berlin01503Blackstone01504Boylston01505Brookfield01506Charlton01507CharltonCity01508CharltonDepot01509Clinton01510EastBrookfield01515Douglas01516Fiskdale01518Grafton01519Holden01520Jefferson01522Lancaster01523Leicester01524Linwood01525Manchaug01526Millbury01527Millville01529NewBraintree01531Northborough01532Northbridge01534NorthBrookfield01535NorthGrafton01536NorthOxford01537NorthUxbridge01538Oxford01540Princeton01541Rochdale01542Rutland01543Shrewsbury01545Southbridge01550SouthGrafton01560Spencer01562Sterling01564Sturbridge01566Upton01568Uxbridge01569Webster01570Dudley01571Westborough01581WestBoylston01583WestBrookfield01585WestMillbury01586Whitinsville01588Sutton01590Worcester01601Worcester01602Worcester01603Worcester01604Worcester01605Worcester01606Worcester01607Worcester01608Worcester01609Worcester01610Worcester01611Worcester01612Worcester01613Worcester01614Worcester01615Worcester01653Worcester01655Bolton01740Fayville01745Hopedale01747Mendon01756Milford01757Southborough01772Plainville02762Gilbertville01031SuffolkCountyBoston02108Boston02109Boston02110Boston02111Boston02112Boston02113Boston02114Boston02115Boston02116Boston02117Boston02118Roxbury02119RoxburyCrossing02120Dorchester02121Dorchester02122Boston02123DorchesterCenter02124Dorchester02125Mattapan02126SouthBoston02127EastBoston02128Charlestown02129JamaicaPlain02130Roslindale02131WestRoxbury02132Boston02133Allston02134Brighton02135HydePark02136Readville02137Chelsea02150Revere02151Winthrop02152Boston02163Boston02196Boston02199Boston02201Boston02203Boston02204Boston02205Boston0220602210Boston02211Boston02212Boston0221502217Boston02222Boston02241Boston02266Boston02269Boston02283Boston02284Boston02293Boston02297Boston02298PlymouthCountyBrockton02301Brockton02302Brockton02303Brockton02304Brockton02305Bridgewater02324Bridgewater02325Bryantville02327Carver02330Duxbury02331Duxbury02332EastBridgewater02333Elmwood02337Halifax02338Hanover02339Hanson02341Middleboro02344Manomet02345Middleboro02346Lakeville02347Lakeville02348Middleboro02349Monponsett02350Abington02351NorthCarver02355NorthPembroke02358Pembroke02359Plymouth02360Plymouth02361Plymouth02362Kingston02364SouthCarver02366Plympton02367Rockland02370WestBridgewater02379WhiteHorseBeach02381Whitman02382EastWareham02538Onset02558Wareham02571WestWareham02576Marion02738Mattapoisett02739Rochester02770Accord02018BrantRock02020Greenbush02040GreenHarbor02041Hingham02043Hingham02044Hull02045Humarock02047Marshfield02050MarshfieldHills02051Minot02055NorthMarshfield02059NorthScituate02060Norwell02061OceanBluff02065Scituate02066BristolCountyMansfield02048Easton02334NorthEaston02356NorthEaston02357SouthEaston02375Assonet02702Attleboro02703Chartley02712Dartmouth02714Dighton02715EastFreetown02717EastTaunton02718Fairhaven02719FallRiver02720FallRiver02721FallRiver02722FallRiver02724Somerset02725Somerset02726NewBedford02740NewBedford02741Acushnet02743NewBedford02744NewBedford02745NewBedford02746NorthDartmouth02747SouthDartmouth02748NorthAttleboro02760NorthAttleboro02761AttleboroFalls02763NorthDighton02764Norton02766Raynham02767RaynhamCenter02768Rehoboth02769Seekonk02771Swansea02777Berkley02779Taunton02780Westport02790WestportPoint02791Chillmark02535Edgartown02539Menemsha02552OakBluffs02557VineyardHaven02568WestTisbury02575BarnstableCountyBuzzardsBay02532Cataumet02534EastFalmouth02536EastSandwich02537Falmouth02540Falmouth02541BuzzardsBay02542WoodsHole02543MonumentBeach02553NorthFalmouth02556Pocasset02559Sagamore02561SagamoreBeach02562Sandwich02563WestFalmouth02574Hyannis02601Barnstable02630Brewster02631Centerville02632Chatham02633Centerville02634Cotuit02635Cummaquid02637Dennis02638DennisPort02639EastDennis02641Eastham02642EastOrleans02643Forestdale02644Harwich02645HarwichPort02646HyannisPort02647MarstonsMills02648Mashpee02649NorthChatham02650NorthEastham02651NorthTruro02652Orleans02653Osterville02655Provincetown02657SouthChatham02659SouthDennis02660SouthHarwich02661SouthOrleans02662SouthWellfleet02663SouthYarmouth02664Truro02666Wellfleet02667WestBarnstable02668WestChatham02669WestHarwich02671WestHyannisport02672WestYarmouth02673YarmouthPort02675NantucketCountyNantucket02554Siasconset02564Nantucket02584HampshireCountyAmherst01002Amherst01003Amherst01004Belchertown01007Chesterfield01012Cummington01026Easthampton01027Goshen01032Granby01033Hadley01035Hatfield01038Haydenville01039Huntington01050Leeds01053NorthAmherst01059Northampton01060Northampton01061Florence01062Northampton01062Northampton01063NorthHatfield01066Plainfield01070Southampton01073SouthHadley01075Ware01082WestChesterfield01084WestHatfield01088Williamsburg01096Worthington01098Middlefield01243FranklinCountyLeverett01054Shutesbury01072Whately01093Greenfield01301Greenfield01302Ashfield01330Bernardston01337Buckland01338Charlemont01339Conway01341Deerfield01342Erving01344Heath01346LakePleasant01347MillersFalls01349MonroeBridge01350Montague01351Gill01354NewSalem01355Northfield01360Orange01364Rowe01367ShelburneFalls01370SouthDeerfield01373Sunderland01375TurnersFalls01376Warwick01378Wendell01379WendellDepot01380BerkshireCountyPittsfield01201Pittsfield01202Pittsfield01203Adams01220AshleyFalls01222Becket01223Berkshire01224Cheshire01225Dalton01226Glendale01229GreatBarrington01230Hinsdale01235Housatonic01236Lanesborough01237Lee01238Lenox01240LenoxDate01242MillRiver01244Monterey01245NorthAdams01247NorthEgremont01252Otis01253Richmond01254Sandisfield01255Savoy01256Sheffield01257SouthEgremont01258Southfield01259SouthLee01260Stockbridge01262Stockbridge01263Tyringham01264WestStockbridge01266Williamstown01267Windsor01270Drury01343EastOtis01029bedDukesCountyCuttyhunk02713WestDennis02670
Posted by Dana Bain on October 27th, 2018 6:31 PM

Newsletter-October 29th, 2018
Provided by
Dana Bain
DanaBain
Premiere Mortgage Services
11 Malvern Hill Road
Sterling, MA01564
Phone: (978) 422-2311
Fax: (978) 422-2313
E-Mail:dana@bainmortgage.com

Market Comment

Mortgage bond prices finished the week near unchanged despite some sharp swings throughout the week. Rates fell slightly the first portion of the week amid no data and a strong stock selloff. Many of the improvements were erased Wednesday afternoon and Thursday morning as stocks recovered some of the earlier losses. Durable goods orders rose 0.8%. Analysts expected a 1% decrease. Weekly jobless claims were 215K, expected 214K. Continuing claims were 1.636M vs the 1.653M expected. Gross domestic product rose 3.5% versus the expected 3.3% increase. Consumer sentiment was 98.6 versus the expected 99. Stocks sold off again Friday morning. Mortgage interest rates finished the week unchanged to better by 1/8 of a discount point.


LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

Personal Income and Outlays

Monday, Oct. 29,
8:30 am, et

Up 0.3%,
Up 0.2%

Important. A measure of consumers’ ability to spend. Weakness may lead to lower mortgage rates.
PCE Core Inflation

Monday, Oct. 29,
8:30 am, et

Up 0.1%

Important. A measure of price increases for all domestic personal consumption. Weaker figure may help rates improve.
Consumer Confidence

Tuesday, Oct. 30,
10:00 am, et

138.5

Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.
ADP Employment

Wednesday, Oct. 31,
8:30 am, et

228KImportant. An indication of employment. Weakness may bring lower rates.
Q3 Employment Cost Index

Wednesday, Oct. 31,
8:30 am, et

Up 0.7%Very important. A measure of wage inflation. Weakness may lead to lower rates.
Weekly Jobless Claims

Thursday, Nov. 1,
8:30 am, et

215KImportant. An indication of employment. Higher claims may result in lower rates.
Preliminary Q3 Productivity

Thursday, Nov. 1,
8:30 am, et

Up 2.9%Important. A measure of output per hour. Improvement may lead to lower mortgage rates.
ISM Index

Thursday, Nov. 1,
10:00 am, et

59.9Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates.
Employment

Friday, Nov. 2,
8:30 am, et

3.7%,
Payrolls +135K
Very important. An increase in unemployment or weakness in payrolls may bring lower rates.
Factory Orders

Friday, Nov. 2,
10:00 am, et

Up 2.3%Important. A measure of manufacturing sector strength. Weakness may lead to lower rates.

A Sure Thing

Timing is one of the most important factors in success. Unfortunately, knowing the perfect time to lock in a loan is impossible until after the fact. While analysts constantly try to predict the future, the bottom line is they continually fall short in terms of accuracy. The Fed is a prime example of this. They constantly adjust inflation expectations and rate hikes accordingly. Mortgage rates remain historically favorable and are a sure thing. Floating is risky.

 

MORTGAGE MARKET IN REVIEWNewsletter-October 29th, 2018

Looking for home mortgage rates in Massachusetts & New Hampshire Get Pre Approved Dana Bain BainMortgage

Hamden County Agawam 01001, Blanford 01008, Bondsville 01009, Brimfield 01010, Chester 01011, Chicopee 01013, Chicopee 01014, Chicopee 01020, Chicopee 01021, Chicopee 01022, East Longmeadow 01028, Feeding Hills 01030, Granville 01034, Hampden 01036, Holyoke 01040, Holyoke 01041, Ludlow 01056, Monson 01057, Palmer 01069, Russell 01071, Southwick 01077, Thorndike 01079, Three Rivers 01080, Wales 01081, Westfield 01085, Westfield 01086, Wilbraham 01095, Woronoco 01097, Springfield 01101, Springfield 01102, Springfield 01103, Springfield 01104, Springfield 01105, Springfield 01106, Longmeadow 01107, Springfield 01108, Springfield 01109, Springfield 01111, Springfield 01115, Longmeadow 01116, Springfield 01118, Springfield 01119, Springfield 01128, Springfield 01129, Springfield 01138, Springfield 01139, Springfield 01144, Indian Orchard 01151, Springfield 01152, Springfield 01199, Holland 01521, West Springfield 01089, West Springfield 01090, 

 

Middlesex County Ashby 01431, Ayer 01432, Devens 01434, Groton 01450, Littleton 01460, Pepperell 01463, Shirley, 01464, Townsend 01469, Groton 01470, Groton 01471, West Groton, 01472, West Townsend 01474, Framingham 01701, Framingham 01702, Framingham 01703, Framingham 01704, Framingham 01705, Acton 01718, Boxborough 01719, Acton 01720, Ashland 01721, Bedford 01730, Hanscom AFB 01731, Carlisle 01741, Concord 01742, Holliston 01746, Hopkinton 01748,  Hudson 01749, Marlborough 01752, Maynard 01754, Natick 01760, Sherborn 01770, Lincoln 01773, Stow 01775, Sudbury 01776, Wayland 01778, Woodville 01784, Woburn 01801, Burlington 01803, Burlington 01805, Woburn 01813, Woburn 01815, Billerica 01821, Billerica 01822, Chelmsford 01824, Dracut 01826, Dunstable 01827, Lowell 01850, Lowell 01851, Lowell 01852, Lowell 01853, Lowell 01854, North Billerica 01862, North Chelmsford 01863, North Reading 01864, Nutting Lake 01865, Pinehurst 01866, Reading 01867, Tewksbury 01876, Tyngsboro 01879, Wakefield 01880, Westford 01886, Wilmington 01886, Woburn 01888, North Reading 01889, Winchester 01890, Cambridge 02138, Cambridge 02139, Cambridge 02140, Cambridge 02141, Cambridge 02142, Somerville 02143, Somerville 02144, Somerville 02145, Malden 02148, Everett 02149, Medford 02153, Medford 02155, West Medford 02156, Melrose 02176, Stoneham 02180, Cambridge 02238, Waltham 02451, Waltham 02452, Waltham 02453, Waltham 02454, North Waltham 02455, New Town 02456, Newton 02458, Newton Center 02459, Newtonville 02460, Newton Highlands 02461, Newton Lower Falls 02462, Newton Upper Falls 02464, West Newton 02465, Auburndale 02466, Chestnut Hill 02467, Waban 02468, Watertown 02471, Watertown 02472, Arlington 02474, Arlington Heights 02475, Arlington 02476, Watertown 02477, Belmont 02478, Waverley 02479, Weston 02493, Nonantum 02532, Lexington 02420, Lexington 02421

 

Essex County Andover 01899, Lynn 01901, Lynn 01902, Lynn 01903, Lynn 01904, Lynn 01905, Saugus 01906, Swampscott 01907, Nahant 01908, Lynn 01910, Amesbury 01913, Beverly 01915, Boxford, 01921, Byfield 01922, Danvers 01923, Essex 01929, Gloucester 01930, Gloucester 01931, Hamilton 01936, Hawthorne 01937, Ipswich 01938, Lynnfield 01940, Manchester 01944, Marblehead 01945, Middleton 01949, Newburyport 01950, Newbury 01951, Salisbury 01952, Peabody 01960, Peabody 01961, Prides Crossing 01965, Rockport 01966, Rowley 01969, Salem 01970, Salem 01971, South Hamilton 01982, Topsfield 01983, Wenham 01984, West Newbury 01985, Andover 01810, Andover 01812, Haverhill 01830, Haverhill 01831, Haverhill 01832, Georgetown 01833, Groveland 01834, Haverhill 01835, Lawrence 01840, Lawrence 01841, Lawrence 01842, Lawrence 01843, Methuen 01844, North Andover 01845, Merrimac 01860, West Boxford 01885, Andover 05501, 

 

Norfolk County Bellingham 02019, Canton 02020, Cohasset 02025, Dedham 02026, Dover 02030, East Walpole 02032, Foxboro 02035, Franklin 02038, Medfield 02052, Medway 02053, Millis 02054, Norfolk 02056, Norwood 02062, Sharon 02067, Sheldonville 02070, South Walpole 02071, Stoughton 02072, Walpole 02081, Westwood 02090, Wrentham 02093, Quincy 02169, Quincy 02170, Quincy 02171, Braintree 02184, Braintree 02185, Milton 02186, Milton Village 02187, Weymouth 02188, East Weymouth 02189, South Weymouth 02190, North Weymouth 02191, Avon 02322, Holbrook 02343, Randolph 02368, Brookline 02445, Brookline 02446, Brookline Village 02447, Babson Park 02457, Wellesley Hills 02481, Wellesley 02482, Needham 02492, Needham Heights 02494,

 

Worcester County Barre 01005, Hardwick 01037, Oakham 01068, South Barre 01074, Warren 01083, West Warren 01092, Wheelwright 01094, Athol 01331, Petersham 01366, Royalston 01368, Fitchburg 01420, Ashburnham 01430, Baldwinville 01436, East Templeton 01438, Gardner 01440, Westminster 01441, Harvard 01451, Hubbardston 01452, Leominster 01453, Lunenburg 01462, Still River 01467, Templeton 01468, Winchendon 01475, Auburn 01501, Berlin 01503, Blackstone 01504, Boylston 01505, Brookfield 01506, Charlton 01507, Charlton City 01508, Charlton Depot 01509, Clinton 01510, East Brookfield 01515, Douglas 01516, Fiskdale 01518, Grafton 01519, Holden 01520, Jefferson 01522, Lancaster 01523, Leicester 01524, Linwood 01525, Manchaug 01526, Millbury 01527, Millville 01529, New Braintree 01531, Northborough 01532, Northbridge 01534, North Brookfield 01535, North Grafton 01536, North Oxford 01537, North Uxbridge 01538, Oxford 01540, Princeton 01541, Rochdale 01542, Rutland 01543, Shrewsbury 01545, Southbridge 01550, South Grafton 01560, Spencer 01562, Sterling 01564, Sturbridge 01566, Upton 01568, Uxbridge 01569, Webster 01570, Dudley 01571, Westborough 01581, West Boylston 01583, West Brookfield 01585, West Millbury 01586, Whitinsville 01588, Sutton 01590, Worcester 01601, Worcester 01602, Worcester 01603, Worcester 01604, Worcester 01605, Worcester 01606, Worcester 01607, Worcester 01608, Worcester 01609, Worcester 01610, Worcester 01611, Worcester 01612, Worcester 01613, Worcester 01614, Worcester 01615, Worcester 01653, Worcester 01655, Bolton 01740, Fayville 01745, Hopedale 01747, Mendon 01756, Milford 01757, Southborough 01772, Plainville 02762, Gilbertville 01031,

 

Suffolk County Boston 02108, Boston 02109, Boston 02110, Boston 02111, Boston 02112, Boston 02113, Boston 02114, Boston 02115, Boston 02116, Boston 02117, Boston 02118, Roxbury 02119, Roxbury Crossing 02120, Dorchester 02121, Dorchester 02122, Boston, 02123, Dorchester Center 02124, Dorchester 02125, Mattapan 02126, South Boston, 02127, East Boston 02128, Charlestown 02129, Jamaica Plain 02130, Roslindale 02131, West Roxbury 02132, Boston 02133, Allston 02134, Brighton 02135, Hyde Park 02136, Readville 02137, Chelsea 02150, Revere 02151, Winthrop 02152, Boston 02163, Boston 02196, Boston 02199, Boston 02201, Boston 02203, Boston 02204, Boston 02205, Boston 02206, Boston, 02210, Boston 02211, Boston 02212, Boston 02215, Boston, 02217, Boston 02222, Boston 02241, Boston 02266, Boston 02269, Boston 02283, Boston 02284, Boston 02293, Boston 02297, Boston 02298, 

 

Plymouth County Brockton 02301, Brockton 02302, Brockton 02303, Brockton 02304, Brockton 02305, Bridgewater 02324, Bridgewater 02325, Bryantville 02327, Carver 02330, Duxbury 02331, Duxbury 02332, East Bridgewater 02333, Elmwood 02337, Halifax 02338, Hanover 02339, Hanson 02341, Middleboro 02344, Manomet 02345, Middleboro 02346, Lakeville 02347, Lakeville 02348, Middleboro 02349, Monponsett 02350, Abington 02351, North Carver 02355, North Pembroke 02358, Pembroke 02359, Plymouth 02360, Plymouth 02361, Plymouth 02362, Kingston 02364, South Carver 02366, Plympton 02367, Rockland  02370, West Bridgewater 02379, White Horse Beach 02381, Whitman 02382, East Wareham 02538, Onset 02558, Wareham 02571, West Wareham 02576, Marion 02738, Mattapoisett 02739, Rochester 02770, Accord 02018, Brant Rock 02020, Greenbush 02040, Green Harbor 02041, Hingham 02043, Hingham 02044, Hull 02045, Humarock 02047, Marshfield 02050, Marshfield Hills 02051, Minot 02055, North Marshfield 02059, North Scituate 02060, Norwell 02061, Ocean Bluff 02065, Scituate 02066, 

 

Bristol County Mansfield 02048, Easton 02334, North Easton 02356, North Easton 02357, South Easton 02375, Assonet 02702, Attleboro 02703, Chartley 02712, Dartmouth 02714, Dighton 02715, East Freetown 02717, East Taunton 02718, Fairhaven 02719, Fall River 02720, Fall River 02721, Fall River 02722, Fall River 02724, Somerset 02725, Somerset 02726, New Bedford 02740, New Bedford 02741, New Bedford 02742, Acushnet 02743, New Bedford 02744, New Bedford 02745, New Bedford 02746, North Dartmouth 02747, South Dartmouth 02748, North Attleboro 02760, North Attleboro 02761, Attleboro Falls 02763, North Dighton 02764, Norton 02766, Raynham 02767, Raynham Center 02768, Rehoboth 02769, Seekonk 02771, Swansea 02777, Berkley 02779, Taunton 02780, Westport 02790, Westport Point 02791, 

 

Dukes County Cuttyhunk 02713, Chillmark 02535, Edgartown 02539, Menemsha 02552, Oak Bluffs 02557, Vineyard Haven 02568, West Tisbury 02575, 

 

Barnstable County Buzzards Bay 02532, Cataumet 02534, East Falmouth 02536, East Sandwich 02537, Falmouth 02540, Falmouth 02541, Buzzards Bay 02542, Woods Hole 02543, Monument Beach 02553, North Falmouth 02556, Pocasset 02559, Sagamore 02561, Sagamore Beach 02562, Sandwich 02563, West Falmouth 02574, Hyannis 02601, Barnstable 02630, Brewster 02631, Centerville 02632, Chatham 02633, Centerville 02634, Cotuit 02635, Cummaquid 02637, Dennis 02638, Dennis Port, 02639, East Dennis 02641, Eastham 02642, East Orleans 02643, Forestdale 02644, Harwich 02645, Harwich Port 02646, Hyannis Port 02647, Marstons Mills 02648, Mashpee 02649, North Chatham 02650, North Eastham 02651, North Truro 02652, Orleans 02653, Osterville 02655, Provincetown 02657, South Chatham 02659, South Dennis 02660, South Harwich 02661, South Orleans 02662, South Wellfleet 02663, South Yarmouth 02664, Truro 02666, Wellfleet 02667, West Barnstable 02668, West Chatham 02669, West Dennis 02670, West Harwich 02671, West Hyannisport 02672, West Yarmouth 02673, Yarmouth Port 02675, 

 

Nantucket County Nantucket 02554, Siasconset 02564, Nantucket 02584, 

 

Hampshire County Amherst 01002, Amherst 01003, Amherst 01004, Belchertown 01007, Chesterfield 01012, Cummington 01026, Easthampton 01027, Goshen 01032, Granby 01033, Hadley 01035, Hatfield 01038, Haydenville 01039, Huntington 01050, Leeds 01053, North Amherst 01059, Northampton 01060, Northampton 01061, Florence 01062, Northampton 01062, Northampton 01063, North Hatfield 01066, Plainfield 01070, Southampton 01073, South Hadley 01075, Ware 01082, West Chesterfield 01084, West Hatfield 01088, Williamsburg01096, Worthington 01098, Middlefield 01243, 

 

Franklin County Leverett 01054, Shutesbury 01072, Whately 01093, Greenfield 01301, Greenfield 01302, Ashfield 01330, Bernardston 01337, Buckland 01338, Charlemont 01339, Colrain 01340, Conway 01341, Deerfield 01342, Erving 01344, Heath 01346, Lake Pleasant 01347, Millers Falls 01349, Monroe Bridge 01350, Montague 01351, Gill 01354, New Salem 01355, Northfield 01360, Orange 01364, Rowe 01367, Shelburne Falls 01370, South Deerfield 01373, Sunderland 01375, Turners Falls 01376, Warwick 01378, Wendell 01379, Wendell Depot 01380, 

 

Berkshire County Pittsfield 01201, Pittsfield 01202, Pittsfield 01203, Adams 01220, Ashley Falls 01222, Becket 01223, Berkshire 01224, Cheshire 01225, Dalton 01226, Glendale 01229, Great Barrington 01230, Hinsdale 01235, Housatonic 01236, Lanesborough 01237, Lee 01238, Lenox 01240, Lenox Date 01242, Mill River 01244, Monterey 01245, North Adams 01247, North Egremont 01252, Otis 01253, Richmond 01254, Sandisfield 01255, Savoy 01256, Sheffield 01257, South Egremont 01258, Southfield 01259, South Lee 01260, Stockbridge 01262, Stockbridge 01263, Tyringham 01264, West Stockbridge 01266, Williamstown 01267, Windsor 01270, Drury 01343, East Otis 01029, 

 


Posted in:General and tagged: bainmortgageHamdenCountyAgawam01001Blanford01008Bondsville01009Brimfield01010Chester01011Chicopee01013Chicopee01014Chicopee01020Chicopee01021Chicopee01022EastLongmeadow01028FeedingHills01030Granville01034Hampden01036Holyoke01040Holyoke01041Ludlow01056Monson01057Palmer01069Russell01071Southwick01077Thorndike01079ThreeRivers01080Wales01081Westfield01085Westfield01086Wilbraham01095Woronoco01097Springfield01101Springfield01102Springfield01103Springfield01104Springfield01105Springfield01106Longmeadow01107Springfield01108Springfield01109Springfield01111Springfield01115Longmeadow01116Springfield01118Springfield01119Springfield01128Springfield01129Springfield01138Springfield01139Springfield01144IndianOrchard01151Springfield01152Springfield01199Holland01521WestSpringfield01089WestSpringfield01090MiddlesexCountyAshby01431Ayer01432Devens01434Groton01450Littleton01460Pepperell01463Shirley01464Townsend01469Groton01470Groton01471WestGroton01472WestTownsend01474Framingham01701Framingham01702Framingham01703Framingham01704Framingham01705Acton01718Boxborough01719Acton01720Ashland01721Bedford01730HanscomAFB01731Carlisle01741Concord01742Holliston01746Hopkinton01748Hudson01749Marlborough01752Maynard01754Natick01760Sherborn01770Lincoln01773Stow01775Sudbury01776Wayland01778Woodville01784Woburn01801Burlington01803Burlington01805Woburn01813Woburn01815Billerica01821Billerica01822Chelmsford01824Dracut01826Dunstable01827Lowell01850Lowell01851Lowell01852Lowell01853Lowell01854NorthBillerica01862NorthChelmsford01863NorthReading01864NuttingLake01865Pinehurst01866Reading01867Tewksbury01876Tyngsboro01879Wakefield01880Westford01886Wilmington01886Woburn01888NorthReading01889Winchester01890Cambridge02138Cambridge02139Cambridge02140Cambridge02141Somerville02143Somerville02144Somerville02145Malden02148Everett02149Medford02153Medford02155WestMedford02156Melrose02176Stoneham02180Cambridge02238Waltham02451Waltham02452Waltham02453Waltham02454NorthWaltham02455NewTown02456Newton02458NewtonCenter02459Newtonville02460NewtonHighlands02461NewtonLowerFalls02462NewtonUpperFalls02464WestNewton02465Auburndale02466ChestnutHill02467Waban02468Watertown02471Watertown02472Arlington02474ArlingtonHeights02475Arlington02476Watertown02477Belmont02478Waverley02479Weston02493Nonantum02532Lexington02420Lexington02421EssexCountyAndover01899Lynn01901Lynn01902Lynn01903Lynn01904Lynn01905Saugus01906Swampscott01907Nahant01908Lynn01910Amesbury01913Beverly01915Boxford01921Byfield01922Danvers01923Essex01929Gloucester01930Gloucester01931Hamilton01936Hawthorne01937Ipswich01938Lynnfield01940Manchester01944Marblehead01945Middleton01949Newburyport01950Newbury01951Salisbury01952Peabody01960Peabody01961PridesCrossing01965Rockport01966Rowley01969Salem01970Salem01971SouthHamilton01982Topsfield01983Wenham01984WestNewbury01985Andover01810Andover01812Haverhill01830Haverhill01831Haverhill01832Georgetown01833Groveland01834Haverhill01835Lawrence01840Lawrence01841Lawrence01842Lawrence01843Methuen01844NorthAndover01845Merrimac01860WestBoxford01885Andover05501NorfolkCountyBellingham02019Canton02020Cohasset02025Dedham02026Dover02030EastWalpole02032Foxboro02035Franklin02038Medfield02052Medway02053Millis02054Norfolk02056Norwood02062Sharon02067Sheldonville02070SouthWalpole02071Stoughton02072Walpole02081Westwood02090Wrentham02093Quincy02169Quincy02170Quincy02171Braintree02184Braintree02185Milton02186MiltonVillage02187Weymouth02188EastWeymouth02189SouthWeymouth02190NorthWeymouth02191Avon02322Holbrook02343Randolph02368Brookline02445Brookline02446BrooklineVillage02447BabsonPark02457WellesleyHills02481Wellesley02482Needham02492NeedhamHeights02494WorcesterCountyBarre01005Hardwick01037Oakham01068SouthBarre01074Warren01083WestWarren01092Wheelwright01094Athol01331Petersham01366Royalston01368Fitchburg01420Ashburnham01430Baldwinville01436EastTempleton01438Gardner01440Westminster01441Harvard01451Hubbardston01452Leominster01453Lunenburg01462StillRiver01467Templeton01468Winchendon01475Auburn01501Berlin01503Blackstone01504Boylston01505Brookfield01506Charlton01507CharltonCity01508CharltonDepot01509Clinton01510EastBrookfield01515Douglas01516Fiskdale01518Grafton01519Holden01520Jefferson01522Lancaster01523Leicester01524Linwood01525Manchaug01526Millbury01527Millville01529NewBraintree01531Northborough01532Northbridge01534NorthBrookfield01535NorthGrafton01536NorthOxford01537NorthUxbridge01538Oxford01540Princeton01541Rochdale01542Rutland01543Shrewsbury01545Southbridge01550SouthGrafton01560Spencer01562Sterling01564Sturbridge01566Upton01568Uxbridge01569Webster01570Dudley01571Westborough01581WestBoylston01583WestBrookfield01585WestMillbury01586Whitinsville01588Sutton01590Worcester01601Worcester01602Worcester01603Worcester01604Worcester01605Worcester01606Worcester01607Worcester01608Worcester01609Worcester01610Worcester01611Worcester01612Worcester01613Worcester01614Worcester01615Worcester01653Worcester01655Bolton01740Fayville01745Hopedale01747Mendon01756Milford01757Southborough01772Plainville02762Gilbertville01031SuffolkCountyBoston02108Boston02109Boston02110Boston02111Boston02112Boston02113Boston02114Boston02115Boston02116Boston02117Boston02118Roxbury02119RoxburyCrossing02120Dorchester02121Dorchester02122Boston02123DorchesterCenter02124Dorchester02125Mattapan02126SouthBoston02127EastBoston02128Charlestown02129JamaicaPlain02130Roslindale02131WestRoxbury02132Boston02133Allston02134Brighton02135HydePark02136Readville02137Chelsea02150Revere02151Winthrop02152Boston02163Boston02196Boston02199Boston02201Boston02203Boston02204Boston02205Boston0220602210Boston02211Boston02212Boston0221502217Boston02222Boston02241Boston02266Boston02269Boston02283Boston02284Boston02293Boston02297Boston02298PlymouthCountyBrockton02301Brockton02302Brockton02303Brockton02304Brockton02305Bridgewater02324Bridgewater02325Bryantville02327Carver02330Duxbury02331Duxbury02332EastBridgewater02333Elmwood02337Halifax02338Hanover02339Hanson02341Middleboro02344Manomet02345Middleboro02346Lakeville02347Lakeville02348Middleboro02349Monponsett02350Abington02351NorthCarver02355NorthPembroke02358Pembroke02359Plymouth02360Plymouth02361Plymouth02362Kingston02364SouthCarver02366Plympton02367Rockland02370WestBridgewater02379WhiteHorseBeach02381Whitman02382EastWareham02538Onset02558Wareham02571WestWareham02576Marion02738Mattapoisett02739Rochester02770Accord02018BrantRock02020Greenbush02040GreenHarbor02041Hingham02043Hingham02044Hull02045Humarock02047Marshfield02050MarshfieldHills02051Minot02055NorthMarshfield02059NorthScituate02060Norwell02061OceanBluff02065Scituate02066BristolCountyMansfield02048Easton02334NorthEaston02356NorthEaston02357SouthEaston02375Assonet02702Attleboro02703Chartley02712Dartmouth02714Dighton02715EastFreetown02717EastTaunton02718Fairhaven02719FallRiver02720FallRiver02721FallRiver02722FallRiver02724Somerset02725Somerset02726NewBedford02740NewBedford02741NewBedford02742Acushnet02743NewBedford02744NewBedford02745NewBedford02746NorthDartmouth02747SouthDartmouth02748NorthAttleboro02760NorthAttleboro02761AttleboroFalls02763NorthDighton02764Norton02766Raynham02767RaynhamCenter02768Rehoboth02769Seekonk02771Swansea02777Berkley02779Taunton02780Westport02790WestportPoint02791Chillmark02535Edgartown02539Menemsha02552OakBluffs02557VineyardHaven02568WestTisbury02575BarnstableCountyBuzzardsBay02532Cataumet02534EastFalmouth02536EastSandwich02537Falmouth02540Falmouth02541BuzzardsBay02542WoodsHole02543MonumentBeach02553NorthFalmouth02556Pocasset02559Sagamore02561SagamoreBeach02562Sandwich02563WestFalmouth02574Hyannis02601Barnstable02630Brewster02631Centerville02632Chatham02633Centerville02634Cotuit02635Cummaquid02637Dennis02638DennisPort02639EastDennis02641Eastham02642EastOrleans02643Forestdale02644Harwich02645HarwichPort02646HyannisPort02647MarstonsMills02648Mashpee02649NorthChatham02650NorthEastham02651NorthTruro02652Orleans02653Osterville02655Provincetown02657SouthChatham02659SouthDennis02660SouthHarwich02661SouthOrleans02662SouthWellfleet02663SouthYarmouth02664Truro02666Wellfleet02667WestBarnstable02668WestChatham02669WestHarwich02671WestHyannisport02672WestYarmouth02673YarmouthPort02675NantucketCountyNantucket02554Siasconset02564Nantucket02584HampshireCountyAmherst01002Amherst01003Amherst01004Belchertown01007Chesterfield01012Cummington01026Easthampton01027Goshen01032Granby01033Hadley01035Hatfield01038Haydenville01039Huntington01050Leeds01053NorthAmherst01059Northampton01060Northampton01061Florence01062Northampton01062Northampton01063NorthHatfield01066Plainfield01070Southampton01073SouthHadley01075Ware01082WestChesterfield01084WestHatfield01088Williamsburg01096Worthington01098Middlefield01243FranklinCountyLeverett01054Shutesbury01072Whately01093Greenfield01301Greenfield01302Ashfield01330Bernardston01337Buckland01338Charlemont01339Colrain01340Conway01341Deerfield01342Erving01344Heath01346LakePleasant01347MillersFalls01349MonroeBridge01350Montague01351Gill01354NewSalem01355Northfield01360Orange01364Rowe01367ShelburneFalls01370SouthDeerfield01373Sunderland01375TurnersFalls01376Warwick01378Wendell01379WendellDepot01380BerkshireCountyPittsfield01201Pittsfield01202Pittsfield01203Adams01220AshleyFalls01222Becket01223Berkshire01224Cheshire01225Dalton01226Glendale01229GreatBarrington01230Hinsdale01235Housatonic01236Lanesborough01237Lee01238Lenox01240LenoxDate01242MillRiver01244Monterey01245NorthAdams01247NorthEgremont01252Otis01253Richmond01254Sandisfield01255Savoy01256Sheffield01257SouthEgremont01258Southfield01259SouthLee01260Stockbridge01262Stockbridge01263Tyringham01264WestStockbridge01266Williamstown01267Windsor01270Drury01343EastOtis01029bed
Posted by Dana Bain on October 27th, 2018 6:28 PM

Finding the Best Mortgage Loan In Massachusetts : We can help

 

Welcome to Premiere Mortgage Services, Inc., where you’ll find the best mortgage rates and a loan program that's best for you. We’re Robin and Dana Bain, and we provide Massachusetts and New Hampshire mortgage loans for home purchases and refinancing. Dana Bain has been originating mortgage loans for over 30 years and we treat our clients like family. 

Ready to take the step of purchasing a home or refinancing? You can rely on us to help you find the loan program that's best for you. Our team of professionals is eager to help you with this big financial decision. We will treat you right and give you the personal service you deserve. We know you're making a commitment in buying a house, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the right mortgage loan for you.

Shopping for a Mortgage

Shopping around for a home loan or mortgage will help you get the best financing deal. A mortgage — whether it’s a home purchase, a refinancing, or a home equity loan — is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.

Call us at 978-422-2311 or email info@bainmortgage.com us for the following Guide

"MORTGAGES MADE EASY..."
"How to Qualify For a Low Rate Mortgage without the Headaches, Hassles, or Haggling!"

Please complete the following and request your FREE copy of my Cheat Sheet and Checklist...

Hamden County Agawam 01001, Blanford 01008, Bondsville 01009, Brimfield 01010, Chester 01011, Chicopee 01013, Chicopee 01014, Chicopee 01020, Chicopee 01021, Chicopee 01022, East Longmeadow 01028, Feeding Hills 01030, Granville 01034, Hampden 01036, Holyoke 01040, Holyoke 01041, Ludlow 01056, Monson 01057, Palmer 01069, Russell 01071, Southwick 01077, Thorndike 01079, Three Rivers 01080, Wales 01081, Westfield 01085, Westfield 01086, Wilbraham 01095, Woronoco 01097, Springfield 01101, Springfield 01102, Springfield 01103, Springfield 01104, Springfield 01105, Springfield 01106, Longmeadow 01107, Springfield 01108, Springfield 01109, Springfield 01111, Springfield 01115, Longmeadow 01116, Springfield 01118, Springfield 01119, Springfield 01128, Springfield 01129, Springfield 01138, Springfield 01139, Springfield 01144, Indian Orchard 01151, Springfield 01152, Springfield 01199, Holland 01521, West Springfield 01089, West Springfield 01090,

 

Middlesex County Ashby 01431, Ayer 01432, Devens 01434, Groton 01450, Littleton 01460, Pepperell 01463, Shirley, 01464, Townsend 01469, Groton 01470, Groton 01471, West Groton, 01472, West Townsend 01474, Framingham 01701, Framingham 01702, Framingham 01703, Framingham 01704, Framingham 01705, Acton 01718, Boxborough 01719, Acton 01720, Ashland 01721, Bedford 01730, Hanscom AFB 01731, Carlisle 01741, Concord 01742, Holliston 01746, Hopkinton 01748,  Hudson 01749, Marlborough 01752, Maynard 01754, Natick 01760, Sherborn 01770, Lincoln 01773, Stow 01775, Sudbury 01776, Wayland 01778, Woodville 01784, Woburn 01801, Burlington 01803, Burlington 01805, Woburn 01813, Woburn 01815, Billerica 01821, Billerica 01822, Chelmsford 01824, Dracut 01826, Dunstable 01827, Lowell 01850, Lowell 01851, Lowell 01852, Lowell 01853, Lowell 01854, North Billerica 01862, North Chelmsford 01863, North Reading 01864, Nutting Lake 01865, Pinehurst 01866, Reading 01867, Tewksbury 01876, Tyngsboro 01879, Wakefield 01880, Westford 01886, Wilmington 01886, Woburn 01888, North Reading 01889, Winchester 01890, Cambridge 02138, Cambridge 02139, Cambridge 02140, Cambridge 02141, Cambridge 02142, Somerville 02143, Somerville 02144, Somerville 02145, Malden 02148, Everett 02149, Medford 02153, Medford 02155, West Medford 02156, Melrose 02176, Stoneham 02180, Cambridge 02238, Waltham 02451, Waltham 02452, Waltham 02453, Waltham 02454, North Waltham 02455, New Town 02456, Newton 02458, Newton Center 02459, Newtonville 02460, Newton Highlands 02461, Newton Lower Falls 02462, Newton Upper Falls 02464, West Newton 02465, Auburndale 02466, Chestnut Hill 02467, Waban 02468, Watertown 02471, Watertown 02472, Arlington 02474, Arlington Heights 02475, Arlington 02476, Watertown 02477, Belmont 02478, Waverley 02479, Weston 02493, Nonantum 02532, Lexington 02420, Lexington 02421

 

Essex County Andover 01899, Lynn 01901, Lynn 01902, Lynn 01903, Lynn 01904, Lynn 01905, Saugus 01906, Swampscott 01907, Nahant 01908, Lynn 01910, Amesbury 01913, Beverly 01915, Boxford, 01921, Byfield 01922, Danvers 01923, Essex 01929, Gloucester 01930, Gloucester 01931, Hamilton 01936, Hawthorne 01937, Ipswich 01938, Lynnfield 01940, Manchester 01944, Marblehead 01945, Middleton 01949, Newburyport 01950, Newbury 01951, Salisbury 01952, Peabody 01960, Peabody 01961, Prides Crossing 01965, Rockport 01966, Rowley 01969, Salem 01970, Salem 01971, South Hamilton 01982, Topsfield 01983, Wenham 01984, West Newbury 01985, Andover 01810, Andover 01812, Haverhill 01830, Haverhill 01831, Haverhill 01832, Georgetown 01833, Groveland 01834, Haverhill 01835, Lawrence 01840, Lawrence 01841, Lawrence 01842, Lawrence 01843, Methuen 01844, North Andover 01845, Merrimac 01860, West Boxford 01885, Andover 05501,

 

Norfolk County Bellingham 02019, Canton 02020, Cohasset 02025, Dedham 02026, Dover 02030, East Walpole 02032, Foxboro 02035, Franklin 02038, Medfield 02052, Medway 02053, Millis 02054, Norfolk 02056, Norwood 02062, Sharon 02067, Sheldonville 02070, South Walpole 02071, Stoughton 02072, Walpole 02081, Westwood 02090, Wrentham 02093, Quincy 02169, Quincy 02170, Quincy 02171, Braintree 02184, Braintree 02185, Milton 02186, Milton Village 02187, Weymouth 02188, East Weymouth 02189, South Weymouth 02190, North Weymouth 02191, Avon 02322, Holbrook 02343, Randolph 02368, Brookline 02445, Brookline 02446, Brookline Village 02447, Babson Park 02457, Wellesley Hills 02481, Wellesley 02482, Needham 02492, Needham Heights 02494,

 

Worcester County Barre 01005, Hardwick 01037, Oakham 01068, South Barre 01074, Warren 01083, West Warren 01092, Wheelwright 01094, Athol 01331, Petersham 01366, Royalston 01368, Fitchburg 01420, Ashburnham 01430, Baldwinville 01436, East Templeton 01438, Gardner 01440, Westminster 01441, Harvard 01451, Hubbardston 01452, Leominster 01453, Lunenburg 01462, Still River 01467, Templeton 01468, Winchendon 01475, Auburn 01501, Berlin 01503, Blackstone 01504, Boylston 01505, Brookfield 01506, Charlton 01507, Charlton City 01508, Charlton Depot 01509, Clinton 01510, East Brookfield 01515, Douglas 01516, Fiskdale 01518, Grafton 01519, Holden 01520, Jefferson 01522, Lancaster 01523, Leicester 01524, Linwood 01525, Manchaug 01526, Millbury 01527, Millville 01529, New Braintree 01531, Northborough 01532, Northbridge 01534, North Brookfield 01535, North Grafton 01536, North Oxford 01537, North Uxbridge 01538, Oxford 01540, Princeton 01541, Rochdale 01542, Rutland 01543, Shrewsbury 01545, Southbridge 01550, South Grafton 01560, Spencer 01562, Sterling 01564, Sturbridge 01566, Upton 01568, Uxbridge 01569, Webster 01570, Dudley 01571, Westborough 01581, West Boylston 01583, West Brookfield 01585, West Millbury 01586, Whitinsville 01588, Sutton 01590, Worcester 01601, Worcester 01602, Worcester 01603, Worcester 01604, Worcester 01605, Worcester 01606, Worcester 01607, Worcester 01608, Worcester 01609, Worcester 01610, Worcester 01611, Worcester 01612, Worcester 01613, Worcester 01614, Worcester 01615, Worcester 01653, Worcester 01655, Bolton 01740, Fayville 01745, Hopedale 01747, Mendon 01756, Milford 01757, Southborough 01772, Plainville 02762, Gilbertville 01031,

 

Suffolk County Boston 02108, Boston 02109, Boston 02110, Boston 02111, Boston 02112, Boston 02113, Boston 02114, Boston 02115, Boston 02116, Boston 02117, Boston 02118, Roxbury 02119, Roxbury Crossing 02120, Dorchester 02121, Dorchester 02122, Boston, 02123, Dorchester Center 02124, Dorchester 02125, Mattapan 02126, South Boston, 02127, East Boston 02128, Charlestown 02129, Jamaica Plain 02130, Roslindale 02131, West Roxbury 02132, Boston 02133, Allston 02134, Brighton 02135, Hyde Park 02136, Readville 02137, Chelsea 02150, Revere 02151, Winthrop 02152, Boston 02163, Boston 02196, Boston 02199, Boston 02201, Boston 02203, Boston 02204, Boston 02205, Boston 02206, Boston, 02210, Boston 02211, Boston 02212, Boston 02215, Boston, 02217, Boston 02222, Boston 02241, Boston 02266, Boston 02269, Boston 02283, Boston 02284, Boston 02293, Boston 02297, Boston 02298,

 

Plymouth County Brockton 02301, Brockton 02302, Brockton 02303, Brockton 02304, Brockton 02305, Bridgewater 02324, Bridgewater 02325, Bryantville 02327, Carver 02330, Duxbury 02331, Duxbury 02332, East Bridgewater 02333, Elmwood 02337, Halifax 02338, Hanover 02339, Hanson 02341, Middleboro 02344, Manomet 02345, Middleboro 02346, Lakeville 02347, Lakeville 02348, Middleboro 02349, Monponsett 02350, Abington 02351, North Carver 02355, North Pembroke 02358, Pembroke 02359, Plymouth 02360, Plymouth 02361, Plymouth 02362, Kingston 02364, South Carver 02366, Plympton 02367, Rockland  02370, West Bridgewater 02379, White Horse Beach 02381, Whitman 02382, East Wareham 02538, Onset 02558, Wareham 02571, West Wareham 02576, Marion 02738, Mattapoisett 02739, Rochester 02770, Accord 02018, Brant Rock 02020, Greenbush 02040, Green Harbor 02041, Hingham 02043, Hingham 02044, Hull 02045, Humarock 02047, Marshfield 02050, Marshfield Hills 02051, Minot 02055, North Marshfield 02059, North Scituate 02060, Norwell 02061, Ocean Bluff 02065, Scituate 02066,

 

Bristol County Mansfield 02048, Easton 02334, North Easton 02356, North Easton 02357, South Easton 02375, Assonet 02702, Attleboro 02703, Chartley 02712, Dartmouth 02714, Dighton 02715, East Freetown 02717, East Taunton 02718, Fairhaven 02719, Fall River 02720, Fall River 02721, Fall River 02722, Fall River 02724, Somerset 02725, Somerset 02726, New Bedford 02740, New Bedford 02741, New Bedford 02742, Acushnet 02743, New Bedford 02744, New Bedford 02745, New Bedford 02746, North Dartmouth 02747, South Dartmouth 02748, North Attleboro 02760, North Attleboro 02761, Attleboro Falls 02763, North Dighton 02764, Norton 02766, Raynham 02767, Raynham Center 02768, Rehoboth 02769, Seekonk 02771, Swansea 02777, Berkley 02779, Taunton 02780, Westport 02790, Westport Point 02791,

 

Dukes County Cuttyhunk 02713, Chillmark 02535, Edgartown 02539, Menemsha 02552, Oak Bluffs 02557, Vineyard Haven 02568, West Tisbury 02575,

 

Barnstable County Buzzards Bay 02532, Cataumet 02534, East Falmouth 02536, East Sandwich 02537, Falmouth 02540, Falmouth 02541, Buzzards Bay 02542, Woods Hole 02543, Monument Beach 02553, North Falmouth 02556, Pocasset 02559, Sagamore 02561, Sagamore Beach 02562, Sandwich 02563, West Falmouth 02574, Hyannis 02601, Barnstable 02630, Brewster 02631, Centerville 02632, Chatham 02633, Centerville 02634, Cotuit 02635, Cummaquid 02637, Dennis 02638, Dennis Port, 02639, East Dennis 02641, Eastham 02642, East Orleans 02643, Forestdale 02644, Harwich 02645, Harwich Port 02646, Hyannis Port 02647, Marstons Mills 02648, Mashpee 02649, North Chatham 02650, North Eastham 02651, North Truro 02652, Orleans 02653, Osterville 02655, Provincetown 02657, South Chatham 02659, South Dennis 02660, South Harwich 02661, South Orleans 02662, South Wellfleet 02663, South Yarmouth 02664, Truro 02666, Wellfleet 02667, West Barnstable 02668, West Chatham 02669, West Dennis 02670, West Harwich 02671, West Hyannisport 02672, West Yarmouth 02673, Yarmouth Port 02675,

 

Nantucket County Nantucket 02554, Siasconset 02564, Nantucket 02584,

 

Hampshire County Amherst 01002, Amherst 01003, Amherst 01004, Belchertown 01007, Chesterfield 01012, Cummington 01026, Easthampton 01027, Goshen 01032, Granby 01033, Hadley 01035, Hatfield 01038, Haydenville 01039, Huntington 01050, Leeds 01053, North Amherst 01059, Northampton 01060, Northampton 01061, Florence 01062, Northampton 01062, Northampton 01063, North Hatfield 01066, Plainfield 01070, Southampton 01073, South Hadley 01075, Ware 01082, West Chesterfield 01084, West Hatfield 01088, Williamsburg01096, Worthington 01098, Middlefield 01243,

 

Franklin County Leverett 01054, Shutesbury 01072, Whately 01093, Greenfield 01301, Greenfield 01302, Ashfield 01330, Bernardston 01337, Buckland 01338, Charlemont 01339, Colrain 01340, Conway 01341, Deerfield 01342, Erving 01344, Heath 01346, Lake Pleasant 01347, Millers Falls 01349, Monroe Bridge 01350, Montague 01351, Gill 01354, New Salem 01355, Northfield 01360, Orange 01364, Rowe 01367, Shelburne Falls 01370, South Deerfield 01373, Sunderland 01375, Turners Falls 01376, Warwick 01378, Wendell 01379, Wendell Depot 01380,

 

Berkshire County Pittsfield 01201, Pittsfield 01202, Pittsfield 01203, Adams 01220, Ashley Falls 01222, Becket 01223, Berkshire 01224, Cheshire 01225, Dalton 01226, Glendale 01229, Great Barrington 01230, Hinsdale 01235, Housatonic 01236, Lanesborough 01237, Lee 01238, Lenox 01240, Lenox Date 01242, Mill River 01244, Monterey 01245, North Adams 01247, North Egremont 01252, Otis 01253, Richmond 01254, Sandisfield 01255, Savoy 01256, Sheffield 01257, South Egremont 01258, Southfield 01259, South Lee 01260, Stockbridge 01262, Stockbridge 01263, Tyringham 01264, West Stockbridge 01266, Williamstown 01267, Windsor 01270, Drury 01343, East Otis 01029,

 

 

Posted by Dana Bain on October 19th, 2018 3:40 PM

       

Over the past 45 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012. 

 

Good economic news tends to be bad for mortgage rates because a strong economy raises fears about inflation. Inflation causes fixed-income investments such as bonds to lose value, and that causes their yields to rise. ... Mortgage rates generally track the same path as long-term bond yields.

 

Please see the Daily Rate Lock Advisory

 

http://www.bainmortgage.com/DailyRateLockAdvisory

 

&   Weekly Mortgage Market News Letter Dana Bain

 

http://www.bainmortgage.com/MortgageMarketWeekInReview

Posted by Dana Bain on October 5th, 2018 4:51 PM

Understanding Your Credit Score for a Mortgage

How Your Credit Score Is Determined

Your credit score is also commonly called a FICO® Score. It’s an analysis of all your credit files that together represent how credit-worthy you are. Here’s what goes into your score, and how it’s added up:

  • Payment History (35% of score)
    • Payment information on all your credit accounts
    • The most important thing a lender wants to know is do you make payments on time
  • Amounts Owed (30% of score)
    • Total amount owed on all credit accounts
    • Amount owed on individual credit accounts
    • How much of the total credit line is being used
  • Length of credit history (15% of score)
    • How long you’ve had an established credit history
    • How long each account has been established
    • How long since you’ve used certain accounts
  • New Credit & Inquiries (10% of score)
    • How many recent requests for credit you’ve had
    • Applying for too much credit in a short period of time can hurt your score
  • Types of Credit (10% of score)
    • Includes the total combination of credit cards, car loans, retail accounts, etc., you have in your name.

Most credit scores have a range of 300 to 850. The higher the better. A score in the mid 600 range is considered an acceptable score. Above that is considered good to excellent credit, which can mean lower interest rates and better terms. Someone with a score below 600 is considered high risk, which may result in a loan with a high interest rate and less favorable terms.

How You Can Improve Your Credit Score

If a low credit score is keeping you from getting a better mortgage rate, here are some ways to improve your credit score:

  • Obtain a complete copy of your credit report from the three leading reporting agencies:
  • Review your credit report line-by-line, searching for errors, omissions, duplications and "common name" errors.
  • If you find an error, contact the credit bureau. You’re allowed to add 100 words or less to reports on questioned items.
  • Set up payment reminders on your accounts to help you avoid late payments.
  • Reduce your debt as much as possible, pay off any accounts you’re able to.
  • Keep the balance on credit cards low.
  • Get assistance from a credit counselors, available through the credit bureaus and local government agencies.

Good to know:

  • Federal law requires credit bureaus to contact all creditors on items where mistakes were made. According to the Fair Credit Reporting Act of 1971, if these firms fail to respond to you in writing within 30 days, they are obligated to remove the disputed items from your records.
  • The Fair Isaac Resolution Resources Helpline is 1-800-777-2066.
  • Most merchants are willing to negotiate customized repayment plans for people with considerable debt.
  • Chapter 13 bankruptcies stay on an individual's record for 7 years.
  • Chapter 7 bankruptcies stay on an individual's record for 10 years.

Judgements, Garnishments or Liens

Liens, garnishments and judgments can be indicators of an unstable borrower. It’s important to pay off your liens in full prior to closing. Even better, before applying for your loan. This includes tax liens. Standard property tax liens don’t have to be recorded as paid in full since they’re not yet due or payable. Be prepared to provide your lender with receipt showing anything outstanding was paid off, or letter with a satisfactory explanation describing why they might still be outstanding.

Delinquent Child Support

Outstanding child support payments must be brought current, and proof that they have been must be provided – there are no exceptions to this. A letter from an ex-spouse, or copies of personal checks, are not acceptable. Neither is an agreed-upon, but not yet completed, payment plan. Because of the seriousness of the delinquency/default, which in many states can result in jail, only a letter from the court or the legal authority responsible for collection of the payments in the city/state (e.g. district attorney, sheriff, etc.) is acceptable.

Need more help or additional ideas? Contact us online  or call 978-422-2311. We’ll explain everything.

Massachusetts License Number Broker MB1498

Dana Bain NMLS #18693

Robin Dunbar Bain NMLS #18699


Licensed by the State of New Hampshire Banking Department- License Number 5430-MBR Premiere Mortgage Services Inc. NMLS #1498 is a licensed broker and not a lender. We arrange but do not make loans.            

Posted by Dana Bain on October 4th, 2018 9:38 AM

What is a Residential Mortgage Credit Report?
Just when you think you’ve got this whole credit thing down, some new credit-related phrase creeps into the industry’s vocabulary. Let me introduce you to the world of mortgage credit reporting, which is very different than just “regular credit reporting.” There’s an entire world of intermediary credit reporting companies called Mortgage Reporting Companies that service the massive number of mortgage lenders and brokers. Follow me…

How Mortgage Lenders Gather Your Credit Data

When you apply for a credit card or an auto loan, the lender will buy one of your three credit reports directly from one of the three credit reporting repositories; Experian, Equifax or TransUnion. They’ll then use that information, and the score they bought at the same time, to make their approve/deny decision and set the terms of your new account. That process occurs tens of thousands of times every single day.

When you apply for a mortgage loan, the game changes. Mortgage lenders don’t typically buy one of your credit reports — they buy all three of them. And, if you’re applying jointly with a spouse or someone else, the lender will buy all three of their credit reports, too. So, that’s 6 credit reports and 6 FICO scores (FICO is still the score used in the mortgage industry) of which the lender or broker will take possession.

What is a Residential Mortgage Credit Report (RMCR)?

Now, that’s a lot of credit reports and a lot of pages. It’s also a ton of redundant information. Think about the joint credit card you have with your spouse. That likely shows up on all 6 of your collective credit reports. Does the mortgage lender really need to see the same account 6 times? Of course they don’t.

Because of the large amount of credit report data required by mortgage lenders, the need for an intermediary service exists. This service accesses all of the credit reports required by mortgage lenders from the big 3 credit bureaus and then consolidates them into one easier-to-read credit report. This credit report is called an “RMCR,” or Residential Mortgage Credit Report, and the companies that provide them are referred to as mortgage reporting companies.

These companies act as brokers or resellers of the data maintained by Experian, Equifax and TransUnion. The mortgage lender will subscribe to their services and commonly request a credit report on a mortgage applicant or applicants. The mortgage reporting company will then go to the big 3 credit bureaus on behalf of the mortgage lender and buy the applicant’s credit reports and FICO scores.

But before they deliver this large amount of information back to the mortgage lender, they’ll combine the information into one RMCR. The credit score information will be displayed in one section, the negative data will be displayed in another section, and things like inquiries and personal identification information, will be displayed in their own sections. This merged credit report (often called a “Tri-merge”) is considerably easier to read than reading six separate credit reports is.

How Can I Get a Copy of My RMCR?

If you’ve applied for a mortgage-related loan, you probably have your RMCRs in your closing paperwork, as mortgage brokers and lenders will often give you a copy. It’s a very valuable aggregate of information because it’s a comprehensive study of all of your credit reports and it includes your actual FICO scores, along with the 4 reasons why each of them wasn’t higher.

Here is how you can get your

RMCR. https://setup.mortgagepreflight.com/Order/Index…

Here is a great video on understanding your score.

https://m.youtube.com/watch?v=X9pcMJH_20M

Massachusetts License Number Broker MB1498

Dana Bain NMLS #18693

Robin Dunbar Bain NMLS #18699

Licensed by the State of New Hampshire Banking Department- License Number 5430-MBR Premiere Mortgage Services Inc. NMLS #1498 is a licensed broker and not a lender. We arrange but do not make loans.

How To Contact Us

By Phone: 978-422-2311 (Office)
  978-501-0427 (Mobile)
By Fax: 978-422-2313 (Fax)
By e-mail:Dana@BainMortgage.com

Posted by Dana Bain on October 2nd, 2018 4:18 PM
Newsletter-October 1st, 2018    
Provided by
Dana Bain
Dana Bain
Premiere Mortgage Services
11 Malvern Hill Road
Sterling, MA 01564
Phone: (978) 422-2311
Fax: (978) 422-2313
E-Mail: dana@bainmortgage.com
 
 

Market Comment

Mortgage bond prices finished the week slightly higher which put a little downward pressure on rates. The week started on a negative note as the Treasury auctions had lower than average demand. The FHFA House Price Index rose 0.2% as expected. Consumer confidence was a strong 138.4 versus an expected 131 reading. New home sales were 629K versus the expected 630K. The Fed raised rates 25 basis points as expected. However, projections for the funds rate hit 3.25% in 2020 rather than 2019 as was predicted earlier. Personal income rose 0.3% versus the expected 0.5% increase. Outlays rose 0.3%, expected up 0.4%. The Core PCE inflation reading was unchanged. Analysts expected a 0.1% increase. Consumer sentiment was 100.1 versus an expected reading of 101. Mortgage interest rates finished the week better by 1/8 of a discount point.


LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

ISM Index

Monday, Oct. 1,
10:00 am, et

61.5

Important. A measure of manufacturer sentiment. Weakness may lead to lower mortgage rates.
ADP Employment

Wednesday, Oct. 3,
8:30 am, et

165K

Important. An indication of employment. Weakness may bring lower rates.
Weekly Jobless Claims

Thursday, Oct. 4,
8:30 am, et

218K

Important. An indication of employment. Higher claims may result in lower rates.
Factory Orders

Thursday, Oct. 4,
10:00 am, et

Down 0.3% Important. A measure of manufacturing sector strength. Weakness may lead to lower rates.
Employment

Friday, Oct. 5,
8:30 am, et

3.9%,
Payrolls +202K 
Very important. An increase in unemployment or weakness in payrolls may bring lower rates.
Trade Data

Friday, Oct. 5,
8:30 am, et

$50.2B deficit Important. Affects the value of the dollar. A falling deficit may strengthen the dollar and lead to lower rates.

Trade Data

In the distant past the US economy tended to be viewed as relatively unaffected by economic activity in other countries. However, increased trades with other countries and an increased reliance on foreign purchases of US debt have generated a market awareness of trade-related issues. The exchange rate of the dollar and foreign trade flows are interrelated. One must buy dollars to purchase US exports, and sell dollars to buy imports. Likewise, foreign investment in US debt requires the purchase of US dollars, and is thus affected by exchange rates.

Each month the Commerce Department gathers an enormous amount of detailed data on exports and imports. The data is broken between goods and services trade. The overall trade balance is the dollar difference between US exports and imports on a seasonally adjusted basis. The report also highlights trade flows between the US and various partners. Since the mid-1970’s, US imports of consumer and capital goods have exceeded exports, so a merchandise trade deficit has existed. The US has always maintained a service trade surplus, and because this surplus is not enough to offset the merchandise trade deficit, a net export deficit has resulted.

Due to the overwhelming amount of data considered, trade is difficult to forecast, and can present surprises. For a variety of reasons, the financial markets will often be unaffected by surprises in trade data. However, the data still has the ability to cause mortgage interest rate volatility.

Rates remain historically very favorable. Now is a great time to take advantage of these levels.

          Stay connected with me anywhere! Download my Mortgage App and you have instant access to me and helpful tools: Including Handy Mortgage Calculator and much much more...   http://danabain.mortgagemapp.com

 
   MORTGAGE MARKET IN REVIEWNewsletter-October 1st, 2018    
Posted by Dana Bain on September 28th, 2018 6:09 PM

Have you ever walked into an open house, or called a real estate agent about a listing, and within minutes, they’re asking you if you are “pre-approved” for a mortgage?

If you haven’t, then you have never walked into an open house or called an agent. Or at least enough of them…

Just wait. It’ll happen.

And you’re going to feel like it’s pretty pushy for them to ask that.

It’s like a joke.

It makes you feel like telling real estate agents this knock-knock joke…

You: Knock-knock.

Real estate agent: Who’s there?

You: Nunya.

Real Estate Agent: Nunya who!?

You: Nunya business if I’m pre-approved or not! Just show me the house, and I’ll get pre-approved if I even like the house. I can definitely get approved for a mortgage. Probably way more than this stupid house anyway. So, stop asking if I’m pre-approved.

Try it…maybe the agent will laugh! Or, maybe not. Depends…

But it’s no joking matter.

It depends on the agent. Agents have different personalities. They all come across different ways. They all handle how they meet, greet, and chat with consumers in different ways. There’s no one way to “be”, as a real estate agent.

But every single real estate agent should be asking you if you’re pre-approved. But many do not. Because they feel like it is a bit pushy and forward. Because he or she worries about offending you. But they should ask…

…because it’s entirely relevant for them to know.

…because it’s entirely important for you to be pre-approved.

It might come across as a pushy, or invasive question. Maybe that is because of how an agent asks the question. Or when the agent asks the question. Or, simply because you don’t know that it’s a question that should be asked.

But it is not a joking matter.

And you should expect the question, be prepared to say that you are pre-approved, and…you should actually want the agent to ask you that question.

It’s not like a first date.

If you were going on a first date with someone, and one of the first things the person asked about was how much money you make, and can you afford the date, you’d feel like that was pushy and weird.

Rightfully so. You don’t go in for a kiss the minute you meet each other, let alone ask for a hand in marriage. There’s some build-up.

Beyond that, there’s some time that needs to be spent together before probing questions about finances are asked. That kind of stuff comes way after even the first kiss, because finances are a pretty private, intimate subject. Even more intimate than a kiss…

Which is why it seems so invasive when an agent you’ve just met asks you if you’re pre-approved. It feels like they’re asking you some pretty private, intimate stuff that’s none of their business.

But asking for a pre-approval isn’t like going in for a kiss. It isn’t a marriage proposal. And it isn’t probing on the part of the agent.

It is a necessary question, and an important piece of information for the agent to know. And for you!

Why does an agent ask you if you’re pre-approved?

Agents aren’t asking you if you’re pre-approved because they’re looking to size up how much you can spend. (At least not most agents…)

They want and need to know that you are serious, and qualified to buy a house.

And they certainly have their reasons for wanting to know…

  • Real estate agents need to make sure they’re working with someone who can actually buy a house. They don’t get paid until and unless the person they’re working with buys a house. So, this is a matter of being careful about who they spend their time with. It might sound selfish…but you can’t fault them for that. They’re in business. Nobody cuts them a paycheck. And showing people houses is not a public service or charity work. Even working with someone who is pre-approved doesn’t guarantee them that they’re going to make any money. But at least it’s an indication that the person they are working with can do something.

  • Agents also need to know how much you’re pre-approved for in order to advise you as well as possible. Picture an agent showing you houses for weeks, and months. You finally find “the one”! You get all excited about the house, and you want to make an offer, only to find out then that there’s no way you could afford the house. This leads to heartbreak and aggravation…for both of you. It doesn’t do either of you any good to go through all of that only to find out you can’t afford the houses you were looking at…or even buy one at all.

  • And, to a degree, this is a safety precaution. You might not believe this, but agents are in a pretty risky position. If they just say OK to every person who calls and asks to go see a house, with absolutely no proof or verification of who the person is, that puts them at risk. Sure, a pre-approval won’t necessarily stop an evil person from doing something, but this is a pretty basic precautionary request.

    Why you should want an agent to ask if you are pre-approved.

    Even if you have just started browsing for a home just a little bit, and haven’t gotten pre-approved (yet)…at least expect the question. Don’t be offended when you’re asked if you are.

    In fact, pay closer attention to the agents who do ask if you’re pre-approved! The ones who ask make it easy for you to find a great agent to work with.

    Because if they’re asking that question, it’s a good sign that they are thorough and thoughtful about how they do their business. That’s the type of agent you want to have on your side when you’re buying a house — one who’s careful from the get-go. One who pays attention to the details. One who isn’t going to waste your time any more than their own. Or allow your heart to be broken when you fall in love with a house you can’t do anything about.

    And if you want to get some really good attention and service from the best agents you come across, don’t even let them have to ask if you are pre-approved…

    Get pre-approved before you even start looking. And let the agent know you’re pre-approved before they even ask. You’ll set yourself apart from almost every buyer the agent has ever met.

    Finding the Best Mortgage Loan: We can help

     

    Welcome to Premiere Mortgage Services, Inc., where you’ll find the best mortgage rates and a loan program that's best for you. We’re Robin and Dana Bain, and we provide Massachusetts and New Hampshire mortgage loans for home purchases and refinancing. Dana Bain has been originating mortgage loans for over 30 years and we treat our clients like family. 


    Ready to take the step of purchasing a home or refinancing? You can rely on us to help you find the loan program that's best for you. Our team of professionals is eager to help you with this big financial decision. We will treat you right and give you the personal service you deserve. We know you're making a commitment in buying a house, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you: we will help you qualify, apply and be approved for the right mortgage loan for you.

     

    Massachusetts License Number Broker MB1498

    Dana Bain NMLS #18693

    Robin Dunbar Bain NMLS #18699


    Licensed by the State of New Hampshire Banking Department- License Number 5430-MBR Premiere Mortgage Services Inc. NMLS #1498 is a licensed broker and not a lender. We arrange but do not make loans. 

    Stay connected with us anywhere!

    Download my Mortgage App for FREE and you have instant access to us and some really helpful tools:

  • Quick and easy access to your sales rep and support team
  • Handy mortgage calculator
  • Daily mortgage rates
  • Video tutorials & mortgage news
  • And much, much more...

Download Dana Bain's app below

http://danabain.mortgagemapp.com/

 http://www.bainmortgage.com/AreYouPre-Approved

 

 

 

 

Posted by Dana Bain on August 24th, 2018 3:21 PM

Archives:

My Favorite Blogs:

Sites That Link to This Blog: