March 13th, 2012 
admin Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed-rate mortgages at or near their 60-year lows helping to drive record high homebuyer affordability. The 15-year fixed, a popular choice among refinance borrowers, averaged a new all-time record low of 3.13 percent. The survey shows that the 30-year [...]
Posted in Home Buyers Blog 
Tags: financing, home affordablility, home loan, home prices, homeownership, loan, loan rates, mortgage rates, rates 
No Comments » March 9th, 2012 admin Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of REALTORS®.
January 30th, 2012 admin Lake Norman Homes In December 2011 68 homes sold in the Lake Norman area, a 10.5% decrease from the 76 homes sold in November 2011. December 2011 sales figures decreased 28.4% from December 2010 when 95 homes sold in the Lake Norman area. The average sales price increased 18.4% from $367,233 in November 2011 to [...]
October 31st, 2011 admin Our new absorption rate wizard will show you the number of sales over the last year, average sales price, homes currently on the market and the current inventory in months supply. This information will tell you how the market is doing in your neighborhhod.
June 14th, 2011 admin Lake Norman real estate market statistics. Lake Norman home sales stats. Property values on Lake Norman. Lake Norman homes and condos for sale. Lake Norman NC
June 2nd, 2011 admin For the sixth straight week, fixed mortgage rates inched down, reaching new lows for 2011. The 30-year fixed-rate mortgage averaged 4.60 percent this week while the 15-year mortgage averaged 3.78 percent.
Posted in Financing, Home Buyers Blog Tags: financing, home affordablility, home loan, homeownership, mortgage rates No Comments » December 16th, 2010 admin Mortgage rates continued to sail higher for the fifth consecutive week, according to Freddie Mac, with the most popular mortgages inching further toward 5%.
Posted in Financing Tags: home affordablility, home loan, homeownership, interest rates, loan rates, mortgage, mortgage rates 2 Comments » October 11th, 2010 admin Owning a home is critical to financial stability and wealth building. A home serves as a forced savings account and provides a solid asset, as well as a place to live.
October 11th, 2010 admin The recent downturn in the housing market resulted in a drop in rental rates, but rents are back on the rise while the cost of home ownership has dropped.
October 11th, 2010 admin The subprime mortgage crisis brought underwriting standards back into the mortgage origination process. And while the final quarter of 2009’s financial meltdown led to a sense that financing had dried up, mortgage funds are now available.
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