mortgage rates

Feb 13, 2014

Kitchens, master suites define luxury

Luxury homes, a property niche that was hit hard by the recession, is back in popularity with buyers. Following the recent recession, interest in large and expensive homes dropped dramatically […]

Dec 24, 2013

New homes sales fall monthly; up 16 percent from Nov. 2012

The annualized rate of new single-family homes sold in November – 464,000 – dipped slightly from October, according to data from the U.S. Commerce Department. New home sales for the […]

Dec 24, 2013

US mortgage applications tumble to a 13-year low

WASHINGTON — The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The Mortgage Bankers Association […]

Oct 31, 2013

Apartment demand rises, but rents stay flat

The demand for apartment units continues to grow while rents remain flat in most markets. Apartment vacancies fell by 1 percent in the third quarter to 4.2 percent, according to […]

Oct 10, 2013

FHA and VA mortgages can be marketing tools

Many homeowners who currently have an FHA or VA mortgage don't realize what a good marketing tool they have. These loans can be quickly and easily assumed by a new buyer.

Aug 23, 2013

Home sellers fear effect of rising interest rates

Home sellers are becoming increasingly worried about rising interest rates and their impact on home-buying demand, according to a new Redfin survey of nearly 1,500 home owners across the country. […]

Aug 15, 2013

FHA loans provide incentive, but not for investors

Homebuyers of fixer-upper properties face two challenges: worrying about how to get a loan from tight-fisted lenders and fretting about how to pay for the rehab, according to a report from Real Trends.

Aug 2, 2013

Mortgage rates, home prices continue upward trend

When I started writing this real estate column in June 1971, the average mortgage rate was 7.53 percent, according to Freddie Mac. The median home price was $26,100. Today, the trend is definitely upward, with occasional short-term dips to remind us of the market's volatility.

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Will the Trump Organization ever go through with a purchase of The Point Lake and Golf Club in Mooresville?

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