≈ Massachusetts, New Hampshire, Rhode Island, Connecticut ≈
617-938-3900 / 800-506-5706
≈ Massachusetts, New Hampshire, Rhode Island, Connecticut ≈
617-938-3900 / 800-506-5706
Blog | Insights | Mortgage News | Rate Insider
With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Her
Dec 27, 2022 | Purchasing a Home
With Christmas fast-approaching, all of us at Superior Funding Corporation would like to wish you a Merry Christmas! We hope that this week you'll be surrounded by family, friends and loved ones while enjoying time together and making great memories. It’
Dec 22, 2022 |
Since buying a home is one of the biggest financial investments most people ever make, if you're are not careful, you can get in over your head. This can result in a status of being “house poor,” or spending way more on housing costs than you can afford.
Dec 20, 2022 | Refinancing a Home
According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be able to afford the loan. While prices may have slowed
Dec 13, 2022 | Purchasing a Home
Here is some positive news from the world of home lending. Baseline Conforming loan limit for single family homes is increasing to 726,200 in 2023, up from 647,200. Conforming loan limits will be higher in high-cost areas. In our State of Massachusetts, f
Dec 12, 2022 | First-time Homebuyers Conventional Loans
If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, sellers will take you more seriously if they see you alre
Dec 06, 2022 | Purchasing a Home