Tag Archive: Mortgage rates

Nov 25

Radio Show Recap: Renting Vs. Buying: Which Is Better For You?

Did you miss our radio show that aired live last Sunday, November 24, 2013 at 10:30 AM? No worries, if you missed it or want to listen again you can watch the podcast available now on ITunes and coming soon to www.charlottemarketradio.com.   Our last episode discussed one common dilemma most homeowners face and this …

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Feb 16

Still Looking for a Reason to Buy? FHA Raising Annual Mortgage Insurance Premiums

FHA Announcement: Raising Annual Mortgage Insurance Premiums Are you still in need of one more reason to kickstart the process of buying a home? You could possibly end up saving money if you choose to do so before April 2011. The Federal Housing Administration (FHA) announced this week that it will be raising its annual …

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Feb 03

Half of U.S. Families Can Afford Homes on the Market

According to an article published on February 1, 2011 in DSNews, a study done by Movoto.com, a real estate site based in California, more than half of American families can afford to buy a new home based on income levels and listing prices. The following is an excerpt from the article which gives insight on the reasoning behind …

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Jan 11

Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”

According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic …

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Dec 15

Interest Rate RoundUp, Mortgage Rates on the Rise

The election is over and so is the need to keep interest rates artificially low. If we absorb the pain now, we’ll be less likely to remember it during the 2012 election. Don’t wait! Rates are rising! Interest Rate Roundup for Dec. 2, 2010 from Bankrate.com Mortgages 4.71% (30-year fixed) 0.36 (average points) Here’s a …

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Nov 26

Foreclosure Freeze is Thawing! Important news for buyers & sellers

According to Fannie Mae, they are lifting some of the holds on eviction actions and REO closings that were put in place in September 2010. The holds were placed in response to the issues of possible defects with affidavits submitted in foreclosure actions. This means the homes that were removed from the market will be …

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Nov 24

Charlotte ranks as 18th-largest U.S. city

Charlotte is the 18th-largest city in the United States, according to a projections based on the latest U.S. Census data. The Charlotte area has 729,781 residents as of Monday, up from 569,858 in 2000, according to projections compiled by Business First of Buffalo, N.Y. Business First is a sister publication of the Charlotte Business Journal. …

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Jun 04

Mortgage Rates Remain Virtually Unchanged, Linger at Historical Lows

Rates are at a historic low, check out the article that DSNews.com recently published about it! “After weeks of continuous declines, mortgage rates remained nearly flat for the week ending June 3, 2010, Freddie Mac and Bankrate reported Thursday. According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), 30-year fixed-rate mortgages averaged 4.79 percent with …

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