Rick Cignoli's Blog

Do you have a First Home Buyer who wants to purchase a Non-Warrantable Condo? I can help!  Norcom Mortgage has a niche conventional loan product that will allow investor ratios over 50% and NOT classify it as a non-warrantable property. Plus we require only 10% down. Most other lenders require 20...

  Effective August 1, I will be joining Norcom Mortgage, the #1 privately held purchase money lender in CT!Same professional Courtesy, Competency and Concern plus the resources and flexibility to bring an increased dimension of Service to my mortgage business. Purchase or Refinance … I am still b...

Knowing when to think about buying a home can be challenging. You may not know what to consider when making the decision and it can be hard to think long-term. Here are some Questions First Home Buyers Should Ask themselves to determine if now is the right time to begin the home-buying process A...

 Real Estate agent safety should be a top priority when you are in the field. Here are 10 Realtor Safety Tips to help you prevent or prepare for risky situations that often come with the job.   1.    Be careful with personal info. 2.    Verify customer info.  3.    Enlist a teammate to help with...

Bastille Day, the French National Holiday, commemorates the storming of the Bastille on July 14, 1789. It marked the beginning of the French Revolution.   The Bastille was a prison and a symbol of the absolute and arbitrary power of King Louis XVI. By capturing this symbol, the people signaled t...

Your Credit Score is the most obvious factor in your ability to getting your Mortgage Application approved. The higher your score, typically the less risk you pose to lenders and the lower your mortgage interest rate. So how is your credit score determined? And how can you improve it? Your Credit...

“While rising interest rates, inventory shortages and dwindling investor purchases have all weighed on home sales, “fundamentally … the slow pace of the single-family housing recovery reflects steady but unspectacular job growth” according to a recent Harvard University study. The lack of jobs, c...

Here’s a follow-up to my blog What Makes Mortgage Rates Go Up and Down. Now let’s talk about What Determines a Borrower’s Mortgage Interest Rate? As we discussed, many factors determine the interest rate on a particular mortgage. A borrower’s rate will reflect general conditions in the financial ...

CNBC reports that Connecticut is the 5th Worst State for Business with the fourth-highest cost of doing business, third-highest cost of living and the nation's second-worst economy. What’s bad for business, bad for the housing market, and the ripple effect is bad for its citizens.  A newly-wed co...

  Pack a picnic basket, spread out a blanket or bring your own lawn chairs, then sit back, relax and enjoy a great evening of music with family and friends. Guest artist, Rob Zappulla, joins the Waterbury Symphony Orchestra in a big band style to perform some your favorite top-tapping, dance-inci...