News to improve your home investment - Covering exposed rafters with plywood panels

Here are some great Q&A from the Globe that you may find useful if you are remodeling your Chelmsford, Billerica, Tewksbury home. 


Remodeling activity is expected to pick up A according to our own Harvard based Joint Center for Housing Studies Leading Indicator of Remodeling Activity (LIRA)  Stronger pending home sales and continuing low interest rates are contributing to the rise. The LIRA projects annual spending will see healthy growth in 2012, ending the year up 5.9 percent. Get a head start on the remodeling projects Chelmsford Homeowners, whether you are selling or staying! More on home remodeling activity here


Here are the Q&A on remodeling for the talented do it yourself types :Covering exposed rafters with plywood panels - The Boston Globe

Chelmsford and Lowell Home buyers be careful of mortgage mistakes!

Some suggestions for your mortgage application from Realtor Christina Lazrak.

Wondering why your loan application was turned down ? Very often, I am approached by Chelmsford condos and home buyers, and hear that their mortgage application was rejected. "Christina, can you help me?" Often times, these Chelmsford homeowners were pretty sure they had the paper work in order and were busy browsing through the Chelmsford open houses and property listings.They were busy touring open houses in the Chelmsford, Tewksbury area. Then, they recieve the news about their mortgage application.

Here are some common mistakes to avoid in your mortgage application. contact me if you need some assistance with your application process or selecting a loan consultant that can help you.

Nine Mortgage Mistakes to Avoid | Fox Business

Homeowners - dont fall into this habit!

Here is a bit of statistics that may surprise homeowners in the Chelmsford, Tewksbury and Lowell property market. 


A recent study conducted by TransUnion has revealed that, when faced with credit card, auto loan, and mortgage debt, the typical troubled borrower is most likely to let their mortgage payments slip. Four million indebted borrowers were surveyed (that's a lot of dinner-time phone calls!), and a mere 9.5% of those were delinquent on auto loans, while 17.3% were delinquent on credit card payments.  Nearly 40% of the borrowers polled were behind on their mortgage, opting instead to pay auto and credit card loans.


A typical loan regardless of its purpose took 42 days to close in March, about the same as in February but down three to five days from December. The majority of loans that went through Ellie Mae were 30-year fixed-rate loans but 20% were 15 year and about 4% were ARMs. The average loan closed in March had a FICO score of 749, an LTV of 77% and a DTI of 23/35. (Loans that were denied had an average FICO of 699, 85% LTV, and a DTI of 27/43.)


More from Mortgage News Daily

Great ways to update your Chelmsford, MA home or Condo

Spring is here and its time to look at updating the look, fell and functionality of your home. Here are soem tips and suggestions, that would not cost a lot but may well improve the value of your home. I have a list of maintenance and"handy man" type vendors, interior decorators and stagers that can help! In the meantime aside from Spring cleaning, here are some ways to update your home from Boston. com

10 ways to update your home without breaking the bank - Boston.com