Massachusetts

The Preserve - Sturbridge MA is one of the higher end neighborhoods in Sturbridge with homes selling for close to their asking prices. The Preserve - Sturbridge MA currently has 4 homes for sale ranging in price from $379,000 to $449,900. The Preserve is convieniently located just minutes to the Mass Pike and I-84.

You will love this 65 home neighborhood of exquisite houses and landscapes. This quality subdivision was built by Noel Homes Inc and owner Frank Noel. There are 5 roads and abutting conservation land with walking and hiking trails for nature enthusiasts.

If you are interested in finding out more about homes for sale at The Preserve - Sturbridge MA, don't hesitate to contact us. We will be happy to help you find your next Sturbridge home. Don't miss out on new listings, contact us today to get setup with listing alerts.

Click on the map below to view homes for sale around the The Preserve- Sturbridge MA area. Feel free to call or email us for more information.

Light the Night with Luminaria - Sturbridge, MA

Light the Night and Believe in the Beauty of Community

It is time to celebrate the wonderful community of Sturbridge, MA. As such, the Tantasqua Jr. High Student Council and Rachel's Challenge are offering luminary kits for sale in an effort to bind the community throughout the holidays.

Purchase a kit, or several, and light your home's walkway throughout the holiday season. Imagine how beautiful our town will look if each home is lit with luminaries.

The luminary kits are $5 per kit and contain supplies to make six luminaries. Kits may be purchased at McKnuck's, Brier Patch Designs, The Seraph, and Stop and Shop.

All proceeds from the sale of the luminary kits benefit the Tantasqua Jr. High Student Council and Rachel's Challenge. For more information about Light the Night, contact wonglasjw@aol.com

For more information on holiday events and fundraisers, go to AskMeAboutSturbridge.com

Happy Holidays!

Home Value Update for Barnstable MA Through October 2009

According to Trulia.com, the sale prices of single family homes have increased 18.9% in the past year through the end of October 2009. The current mean sales price of homes on the market in Barnstable, MA, is $535,000. Below is a chart of the trend of listing prices of homes for sale in Barnstable, MA, in the past year through October 2009:

Barnstable Recently Sold Homes

The $8000 first-time homebuyer tax credit has been extended, and now expires on April 30, 2010. So, there's no better time than now to buy a home in Barnstable, MA, or surrounding area. If you're looking for a home or condo to purchase in Barnstable, MA, or in the surrounding area, then try this home search.

You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a home, find out how much home or condo you can afford to purchase in Barnstable, MA, or in the surrounding area.

If you're 62 or older and are looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, then consider getting a reverse mortgage. Find out how a reverse mortgage can use the equity in your home to pay you.

The Mortgage Interest Rate Lock Advisory for Barnstable MA for November 20, 2009

Here are some of the events affecting mortgage interest rates today in Barnstable, MA.

What the Mortgage Backed Securities Market is Doing Today:

The price of the FNMA 30-Year 4.5% MBS coupon opened at 101.72 this morning - up 1/32 from yesterday's close.

The chart below shows today's price trend of the FNMA 30-Year 4.5% coupon:

The FNMA 30-Year 4.5% MBS coupon is currently trading at 101.84 - up 4/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be about the same in price this morning as compared to yesterday.

Recent Activity in Mortgage Backed Securities:

The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days:

Economic Reports, News, and Events Affecting Mortgage Interest Rates Today:

• There are no economic reports scheduled for release today.

What's Happening With Mortgage Interest Rates Today:

Low to Moderate Volatility. There's not much room for MBS prices to move higher or for mortgage interest rates to move lower at the moment. If you're happy with the rate being offered to you and don't want to risk mortgage interest rates moving higher, you should apply and lock in today. Mortgage rates are currently inching upwards again. If you have not yet locked in your mortgage interest rate, please proceed with caution and maintain contact with your mortgage professional. Also, give very serious consideration to applying now and locking in before mortgage interest rates get worse.

There are a couple of economic reports scheduled for release next week. Next week is also a holiday-shortened week due to Thanksgiving. Look for more details on next week's events on Monday.

My Mortgage Interest Rate Lock Advice for Today:

If I were considering financing/refinancing a home, I would...

• Lock if my closing was taking place within the next 7 days
• Float if my closing was taking place between 8 and 30 days
• Float if my closing was taking place between 31 and 45 days
• Float if my closing was taking place between 46 and 60 days

This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of any or all other borrowers.

Get today's mortgage interest rates for your situation in Barnstable, MA.

We went on record this afternoon! We closed on a cute little cape near the High School in Hopkinton, MA. Congratulations to these first time buyers.