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CNN is searching for a bottom in the housing market
With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing.
So ...
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Pending US Home Sales Surge
Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived. The National Association of Realtors reported that its seasonally adjusted index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ...
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So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised how easy it was for this first time home buyer to finance their home. The buyer is ...
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Interest Rates are Great! 30 Year Fixed 5.81%15 Year Fixed 5.39%5/1 Arm 5.62%30 Year Fixed Jumbo 6.71%5/1 Jumbo Arm 6.10%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)
Keller ...
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Posted October 22, 200730 Year Fixed 5.96%15 Year Fixed 5.57%5/1 Arm 5.67%30 Year Fixed Jumbo 6.63%5/1 Jumbo Arm 6.21%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)
Keller Williams ...
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The Federal Reserve cut its benchmark interest rate by a larger-than-expected half percentage point! This news has elated home buyers and home owners across the country. What does this mean to you? If you have a revolving HELOC, it has been at 8.25%, today it dropped to 7.75%, and you didn't have to do anything! If you are trying ...
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Posted September 10, 200730 Year Fixed 5.98%15 Year Fixed 5.64%5/1 Arm 6.01%30 Year Fixed Jumbo 6.97%5/1 Jumbo Arm 6.50%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving ...
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Posted September 7, 200730 Year Fixed 6.06%15 Year Fixed 5.73%5/1 Arm 6.04%30 Year Fixed Jumbo 7.02%5/1 Jumbo Arm 6.48%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)Serving ...
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Posted September 4, 200730 Year Fixed 6.10%15 Year Fixed 5.77%5/1 Arm 6.13%30 Year Fixed Jumbo 7.11%5/1 Jumbo Arm 6.55%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
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Posted August 28, 200730 Year Fixed 6.12%15 Year Fixed 5.79%5/1 Arm 6.21%30 Year Fixed Jumbo 7.18%5/1 Jumbo Arm 6.60%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
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