Lynnfield, MA

A home inspector working in Lynnfield MA is required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.

The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.

Visit the Lynnfield MA Home Inspection web page from United Inspection Service for some useful information about homes in Lynnfield MA and the Massachusetts Home Inspection.

• Massachusetts Home Inspector Standards of Practice
• Recommended Questions to Ask the Seller/Seller's Representative
• Home Inspection Photographs
• Flood Zones
• Lead Paint
• Hazardous Waste Release
• Check the Lynnfield MA Home Inspector web page for consumer information links ...

http://www.bainmortgage.com/MortgageMarketWeekInReview

Newsletter-October 25th 2010 Provided by Dana Bain www.BainMortgage.com Dana Bain Premiere Mortgage Services 11 Malvern Hill Road Sterling, MA 01564 Phone: (978) 422-2311 Fax: (978) 422-2313 E-Mail: dana@bainmortgage.com Market Comment Mortgage bond prices ended the week higher pushing mortgage interest rates lower. We had a week of very mixed data. Industrial production data was weaker than expected which was generally bond friendly to start the week. Stronger than expected housing starts data Tuesday was not what the bond market was looking for but the reaction was muted. Significant stock weakness Wednesday helped mortgage bonds finish the day in positive territory. This was followed by lower than expected weekly jobless claims Thursday. Fortunately mortgage bonds were positive overall for the week. Rates finished the week generally about 1/4 of a discount point lower. The Treasury auctions will be carefully watched this week. If foreign demand remains solid rates should hold steady. LOOKING AHEAD Economic Indicator Release Date & Time Consensus Estimate Analysis Existing Home Sales Monday, Oct. 25, 10:00 am, et 4.23m Low importance. An indication of mortgage credit demand. Significant weakness may lead to lower rates. Consumer Confidence Tuesday, Oct. 26, 10:00 am, et 50 Important. An indication of consumers' willingness to spend. Weakness may lead to lower mortgage rates. 2-year Treasury Note Auction Tuesday, Oct. 26, 1:15 pm, et None Important. $35 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates. Durable Goods Orders Wednesday, Oct. 27, 8:30 am, et Up 0.8% Important. An indication of the demand for "big ticket" items. Weakness may lead to lower rates. New Home Sales Wednesday, Oct. 27, 10:00 am, et 300k Important. An indication of economic strength and credit demand. Weakness may lead to lower rates. 5-year Treasury Note Auction Wednesday, Oct. 27, 1:15 pm, et None Important. $35 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates. Q3 Advanced GDP Thursday, Oct. 28, 8:30 am, et Up 2.4% Very important. The aggregate measure of US economic production. Weakness may lead to lower rates. 7-year Treasury Note Auction Thursday, Oct. 28, 1:15 pm, et None Important. $29 billion of notes will be auctioned. Strong demand may lead to lower mortgage rates. Q3 Employment Cost Index Friday, Oct. 29, 8:30 am, et Up 0.5% Very important. A measure of wage inflation. Weakness may lead to lower rates. U of Michigan Consumer Sentiment Friday, Oct. 29, 10:00 am, et 68.5 Important. An indication of consumers' willingness to spend. Weakness may lead to lower mortgage rates. Employment Cost Index The employment cost index is a quarterly report issued by the Department of Labor. The report measures the growth of wages, salaries, and benefits costs over a certain period of time. Though ECI figures are usually weeks old, the data remains the best indicator of employment price pressures considering it factors employees' total compensation. If wage pressures become evident, higher expectations of inflation also tend to arise. However, increasing compensation does not necessarily lead to increased inflationary pressures. Oftentimes, increased productivity enables employers to increase compensation without increasing the costs of their goods or services. Be cautious heading into this release. MORTGAGE MARKET IN REVIEW Newsletter-October 25th 2010

Obtaining a mortgage is often a confusing task that can also lead to frustration. The reason for the confusion is due to the fact that mortgage financing is complex. The good news is that this complexity provides consumers with options and choices best suited to fit their needs. Everyone’s financial position is unique. Some people have large cash reserves that can be used for down payments while others want to get into a home with little or no money down. Credit ratings vary from person to person. In addition, future plans vary. Some people plan on staying in their home for the rest of their lives while others only plan on staying for a few years. These facts alone make comparing your mortgage to your neighbor’s based on rate alone a flawed endeavor, yet many people attempt to do so. Admittedly, everyone wants a good deal. Keep in mind that comparing rates is just one component of the entire mortgage. Other variables include the term, down payment requirements, income qualifications, credit ratings, reserve requirements, current debt, prepaid points, and many more. A mortgage professional is able to take all of these variables that are unique to each individual and help a person obtain the mortgage loan that works best for their situation. The service they provide is time consuming and complex. However, the rewards of dealing with a professional carry forward throughout a borrower’s life. Making wise financial decisions today helps to pave the way for a safe and secure future. Dana Bain Premiere Mortgage Services Inc.