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!

July 27 2018

Americans Rank Real Estate is the Best Investment for 5 Years Running!

•Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!

•The generations...  

July 26 2018

Top 5 Financial Reasons People Buy Homes

What is your reason?

July 20 2018

What you need to know about the mortgage process!

•Many buyers are purchasing a home with a down payment as little as 3%.

•You may already qualify for a loan, even if you don’t have perfect credit.

Let me help you determine how much you can afford!...  

July 13 2018
Connecticut Housing Finance Authority

Connecticut Housing Finance Authority

July 13, 2018-CHFA's Interest Rate Update

We are one of CHFA's approved lenders.

Let's talk about a CHFA loan!

July 11 2018

Rising Interest Rates Have Not Dampened Demand..

So, what is slowing down sales?

According to the last Existing Home Sales Report from the National Association of Realtors, sales are now down 3.0% year-over-year and have fallen for the last three...  

July 10 2018

How Long Do Most Families Live in a House?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. And as the graph below shows, over the last twenty years (1985-2008), the median tenure averaged exactly six...  

July 6 2018

With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years.

Rates are projected to climb to 5.1% by this time next year according to Freddie Mac.

The impact your interest rate makes on your...  

July 5 2018

What will happen when mortgage interest rates rise?

Most experts think that the mortgage interest rate will increase to about 5% by year’s end. How will that impact affordability? Zillow also covered this in their report (see infographic)

Rates would...  

July 4 2018

Top 5 Benefits of a VA Home Loan

The greatest benefit of a VA Loan is that borrowers can buy a home with a 0% down payment. In 2016, 82% of all VA Loans put down 0%!

• Primary Mortgage Insurance (PMI) is not required! (Most other loans with down...  

July 4 2018

Happy 4th of July! 💥