Average Fixed Rates Continue to Drop

Day: June 10, 2012

Average Fixed Rates Continue to Drop

A couple of days ago, Freddie Mac released a survey that showed the 30-year fixed rate mortgage averaged 3.67%, a record low for the 6th consecutive week. This is down from nearly 4.5% one year ago. The 15-year fixed rate is down also, falling below 3%, while one year ago it was well over 3.5%….  Continue Reading

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Walkability Impacts Home Purchase Decisions

The National Association of Realtors recently released a study that showed 56% of people surveyed are more concerned with the type of neighborhood they live in and the walking distance to amenities, rather than having a big house with all the bells and whistles. A “walk score” is more and more of an issue as…  Continue Reading

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Streamlined Short Sales Coming Soon

As of a couple of months ago, short sales accounted for nearly 15% of all home sales in the country. That number continues to grow as homeowners see short sales as a viable alternative to foreclosure. While foreclosures still make up ¼ of all home sales, that figure is down from the previous two years….  Continue Reading

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