Jamie Goulas

Loan Officer Primary Residential Mortgage

January 12 2018

FICO Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

The report also revealed that those who purchased homes in December with an FHA Loan were able to do so with an average down payment of 4% and a FICO Score of only 684.

More and more potential buyers are able to qualify for a mortgage loan now! If you are debating a home purchase, let’s get together and evaluate your ability to buy today!

Give me a call today!

January 8 2018

Need Reasons to Sell This Winter?

•Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!

•Housing inventory is still under the 6-month...  

January 4 2018

Buying or selling a home has the ability to greatly impact your financial well-being. Make sure it will be a positive impact by working with a knowledgeable Mortgage Specialist and Realtor.

Here are the Top 5 Reasons To Use A Real Estate...  

January 2 2018

How Rising Prices Will Help You Build Family Wealth in 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics.

As an example, let’s assume a young...  

January 1 2018

Happy New Year!
May you all be blessed with peace, love and prosperity in 2018!

December 27 2017

Top 4 REAL Reasons We Buy a Home
1. Owning your home offers stability to start and raise a family
2. There’s no place like home
3. You have more space for you and your family
4. You have control over renovations, updates, and style

Whether you are a...  

December 22 2017

Existing Home Sales Reach Highest Annual Pace in 11 Years

•Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
•The inventory of existing homes for sale has dropped year-over-year for the last 30...  

December 20 2017

Tax Reform Comparison

This chart shows how the new tax bill will affect homeownership issues.

December 19 2017

Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

Rents are up 2.7% year-over-year at the national level.

Over a quarter of renters, or 11.1 million households, are severely cost burdened, spending at least half their income on rental...  

December 15 2017

Home Prices Up 5.96% in New England and 6.54% Across the Country!

December 13 2017

What is the Cost of Waiting Until Next Year to Buy?

CoreLogic project home prices will appreciate by 4.7% over the next twelve months.Below is a simple demonstration of the impact that an increase in interest rate would have on the mortgage payment...