Blog :: 02-2018

Valentine's Day Shout Out to Yella Restaurant in Andover MA

Michelle Ternullo and Carlo with Yella GrilleYella Grille is an excellent choice for a romantic dinner with your loved one this Valentine’s Day! This amazing restaurant has been around for nine years and is voted the Best Romantic Place on the North Shore. Located in downtown Andover, this modern Mediterranean restaurant offers a charming atmosphere with an intimate dining experience.

Watch this video featuring Michelle Ternullo and Carlo, the owner and chef of Yella Grille, to learn more.

Visit the Yella Grille website for more information or to make a reservation.



    1. No comments. Be the first to comment.

    Where Are Mortgage Interest Rates Headed in 2018?



    "Many Buyers overlook interest rate and focus mostly on the price if the house. Buyers should take in consideration not only the price if the home, but the impact of interest rates and market appreciation."

    -John Ternullo 

    The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

    Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily over the course of the next 12 months.


    How Will This Impact Your Mortgage Payment?

    Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly.

    According to CoreLogic’s latest Home Price Index, national home prices have appreciated 7.0% from this time last year and are predicted to be 4.2% higher next year.

    If both the predictions of home price and interest rate increases become reality, families would wind up paying considerably more for their next home.

    Bottom Line 

    Even a small increase in interest rate can impact your family’s wealth. Let’s get together to evaluate your ability to purchase your dream home.


      1. No comments. Be the first to comment.