Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.94 percent with an average 0.6 point for the week ending October 9, 2008, down from last week when it averaged 6.10 percent. Last year at this time, the 30-year FRM averaged 6.40 percent.
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Termites can be a major concern and even stall the sale of your home if you don't inspect your home routinely for these pesky insects.
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If you're planning to buy investment property and financing it through a lender who sells to Fannie Mae, keep the date December First in mind. Nail down your mortgage commitments quickly -- in the next six weeks if you can.
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In the center of the country, a market is turning upward and it might be prophetic that it's in middle America. Kansas City home buyers now may look back and realize they've missed the absolute best deals in this Missouri/Kansas city that is split between the two states.
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The latest report from the National Association of Realtors indicates that pending home sales surged in August -- jumping 7.4 percent. This level is even higher than the August 2007 stats.
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San Diego is seeing a true buyers market at this time, with prices on a downward trend. Local expert Dawn Lewis reports that the downtown San Diego median condo price for 2007 was $538,000. This median condo price for Downtown San Diego condos was $52,000 less than last years median condo price."
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Are you in the real estate biz for the long haul -- or just another few month? Where do you want to be next October?
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Today's volatile housing market demands that home buyers take an exacting, almost surgical approach to completing a mortgage application in order to speed the paperwork through the narrowed arteries of the home loan pipeline.
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Is there a cut and dry way to dress for success? Dr. Real Estate, Ken Edwards, answers this latest question.
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What happened to the simple times when you go to a bank, get a mortgage, and own your property? The following is an excerpt of an interview with Dr. Aric Krause, Ph.D., a faculty member in the Bill and Vieve Gore School of Business at Westminster College in Salt Lake City, and RealSource Consulting Economist.
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Louisville, Kentucky, is known for being home to the famous Kentucky Derby, is located just an hour from both Cincinnati and Indianapolis.
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Julie just purchased a 40 unit apartment property, built in 1980 in southern Texas, a town's name that will be kept secret for now … to protect the innocent.
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The Greater Phoenix Economic Council (GPEC) announced a new sustainability initiative to position Greater Phoenix as a location for solar and clean technology, green building, renewable energy and other "green industry" organizations. Greening Greater Phoenix Powered by SolarCity promotes the region as an emerging leader in solar technology and renewable energy industries.
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There seems to be a tendency for common wall homeowner associations to acquire, over time, unintended owner touches like custom mailboxes, address numbers, pink flamingos, bird feeders and a variety of other questionable designer touches. What is a reasonable approach for the HOA to follow when it comes to appearance standards and while should there be standards at all?
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t appears that with the recent final woes in the nation and on Wall Street, the Dow fell below 10,000 for the first time since 2004 in the first hour on Monday, many consumers are holding back on their spending..
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One of the hottest trends right now in curb appeal is the creation of distinctive driveways. Options for driveways used to be pretty simple, asphalt or concrete. But these days the possibilities for concrete are practically limitless, allowing you to take your carport from blas to beautiful.
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Interior designers are not just into "pretty" -- they're trained to see the flaws and value potential in a property and to translate their clients' needs and wants into the best solution within a budget and time frame. PJ Wade shares some design tips and insights.
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