May 10, 2012- According to Lawrence Yun, NAR chief economist, said “First quarter sales closings were the highest first quarter sales in five years. The latest contract signing activity suggests … [Read more...]
Mortgage Rates Drop
April 16,2012- According to Bankrate.com The 30-year fixed-rate mortgage fell 14 basis points to 4.11 percent. A basis point is one-hundredth of 1 percentage point. The 15-year fixed-rate fell 10 … [Read more...]
Mortgage Rates for July 22, 2011
The current economy prevents the real estate market from being busy. And although a stumbling economy means fewer jobs it also means lower mortgage rates. So if you’re in the market to purchase a … [Read more...]
Mortgage Rates for July 14, 2011
It's a great time for buyers who waited patiently for prices to come down. Why continue to rent when you can buy for 10 or 20 percent less than you would have paid a few years ago? For sellers, it … [Read more...]
Mortage Rates for July 7 2011
Why you should buy that home now: The Obama administration finds itself balancing the need to spur the economy through promoting the housing and mortgage market, while protecing banks and other … [Read more...]
Mortgage Rates for June 27, 2011
Interest rates continue to remain at historical lows, though they are up from where they wee several months ago. If you are looking for a general rule of thumb, as the stock market goes, so do … [Read more...]
