George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2011 

The 25th Middletown Connecticut Mud Volleyball Tournament was held today at Zorn's Pond in Middletown, Connecticut.  The tournament raises money for the Epilepsy Foundation of Connecticut, and this year the tournament drew more than 190 teams.  The tournament has grown each year, and this was the...
08/20/2011
A recent paper written by Christopher Mayer, and R. Glenn Hubbard from the Columbia Business School suggest a different, and I think somewhat unusual solution to Real Estate Recovery through Homeowners Refinancing their homes.  This in turn would also bring about an Economic Recovery as well acco...
08/19/2011
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There is very little humor in what is happening in the Real Estate Industry these days, but I have to admit I do get a chuckle out of the Ad’s that I hear on the radio from Internet Lenders.  Their Ad’s are usually about two topics, unrealistic interest rates and unrealistic Closing Costs.    Lat...
08/18/2011
Lately the forecast for Real Estate Recovery has not been very optimistic.  But I believe that we in the Real Estate Industry need to try to find whatever silver lining there may be during this challenging time in our industry.   Today I read a report stating that Trulia had reported that “Buying...
08/17/2011
A common assumption that is often made by those in the Mortgage Industry is that Homeowners understand what makes up their monthly mortgage payment, but in reality many do not.  So it is important that Loan Officers take the time to explain to each of their Borrowers, not only how much they will ...
08/16/2011
 Board of Education & CommitteesCalendar of Meetings   When my two sons were in school I made it a point of attending every Middletown Connecticut Board of Education & Committee Meetings.  I found that it was the best way to stay informed of what was going on in the district, and to have a voice ...
08/15/2011
It would be a reasonable expectation for home sales to rise as the interest rated decline.  But the reality is that “Despite Low Interest Rates, Real Estate Recovery Is Stalled”.  There are many theories for this, but the one that seems to make the most sense to me is that Buyers have lost confid...
08/14/2011
The Middletown Connecticut School District has (8) Elementary Schools, (1) All Sixth Grade School (1) Middle School, (1) High School, and (1) Adult Ed School.  Since all of the schools have some differences within their schedule, I am providing below the link for each of the schools website in wh...
08/13/2011
When my two sons were growing up to one thing that my wife and I would search in the newspaper for each in every day for the month of August was the Middletown Connecticut School Bus Schedule.  Back then the Middletown Connecticut School Bus Schedule was not available on the Internet.  The only w...
08/12/2011
Last Friday Standard & Poor's (S&P) downgraded the United States credit rating from AAA to AA+. This was a first for the United States, because we had held its AAA rating from S&P since 1941, but it did not take anyone by surprise. Standard & Poor’s had made it very clear that they would take thi...
08/11/2011
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