Nantucket Island Massachusetts Directory of Real Estate Resources

Feb. 11, 2008 ~ Feb. 15, 2008

1. A business on .03 of an acre at 33 Main St. sold to Lawrence M.
Maury and Michelle B. Maury of Naples, Fla. from Robert E. Tonkin,
Executor, of Nantucket, Mass. for $4,500,000. The property is assessed
at $4,205,600. The land bank fee is $90,000.

2. A house on .82 of an acre at 110 Baxter Road sold to Patrick T.
Ryan, Trustee, of Beverly Farms, Mass. from Peter Wise of Greenwich,
Conn. for $3,450,000. The property is assessed at $3,415,000. The land
bank fee is $69,000.

3. Ahouse on .47 of an acre at 14 Gosnold Road sold to Leonard Barbieri
and Jean Barbieri of Dover, Mass. from Richard F. Burns and Diane T. …

Geographic Area Current Loan Limit Proposed Loan Limit
Anchorage, AK $625,500 $625,500
Atlantic City, NJ $417,000 $453,750
Baltimore-Towson, MD $417,000 $424,351
Barnstable Town, MA $417,000 $583,374
Bend, OR $417,000 $447,500
Bishop, CA $417,000 $729,750
Boston-Cambridge-Quincy, MA-NH $417,000 $603,907
Boulder, CO $417,000 $459,375
Bremerton-Silverdale, WA $417,000 $475,000
Bridgeport-Stamford-Norwalk, CT $417,000 $715,164
Charlottesville, VA $417,000 $425,000
Durango, CO $417,000 $443,750
Edwards, CO $417,000 $729,750
Fairbanks, AK $625,500 $625,500
Flagstaff, AZ $417,000 $450,000
Gardnerville Ranchos, NV $417,000 $729,750
Hartford-West Hartford et al, CT $417,000 $439,125
Hilo, HI $625,500 $625,500
Honolulu, HI $625,500 $716,033
Jackson, WY-ID $417,000 $729,750
Juneau, AK $625,500 $625,500
Kahului-Wailuku, HI $625,500 $716,033
Kapaa, HI $625,500 $716,033
Ketchikan, AK $625,500 $625,500
Key West-Marathon, FL $417,000 $729,750
Kill Devil Hills, NC $417,000 $460,000
Kodiak, AK $625,500 $625,500
Los Angeles-Long Beach et al, CA $417,000 $729,750
Madera, CA $417,000 $425,000
Medford, OR $417,000 $422,500
Merced, CA $417,000 $471,557
Miami-Fort Lauderdale et al, FL $417,000 $505,028
Modesto, …

Treasuries Fall as Demand Wanes for Lowest-Ever 30-Year Yield
By Sandra Hernandez and Deborah Finestone

Feb. 7 (Bloomberg) — U.S. Treasuries declined as demand was weaker than expected at the government’s $9 billion auction of 30-year bonds, which drew the lowest yield on record.

Ten- and 30-year securities fell a second straight day as traders bet the Federal Reserve’s five interest-rate cuts since September will revive economic growth and cause inflation to accelerate.

“The auction went as poorly as one could imagine,'’ said Andrew Brenner, co-head of structured products in New York at MF Global Ltd., the world’s largest broker of exchange-traded futures and options contracts. “There isn’t a lot of demand for bonds at these levels.'’

The yield on the …

Rate Update for February 4, 2008

5/1 ARM 5.375%

7/1 ARM 5.875%

30 YEAR FIXED 6.5%

Rates are based on Jumbo loan amounts (over $417,000.)
Aggressive Loan to Value Land and Construction Loans
(No Cap on Land or Construction Loan Amounts)
Pre Fabrication Financing Available

Matthew Sanford
Sr. Loan Officer
617.293.5399
Matthew.Sanford@Salemfive.com

Dalton