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Scottsdale Arizona
February 8, 2012, 5:38 am
 Partly cloudy 60°F |
By Michael Dougherty, on October 12th, 2011  Print This Post30-year fixed-rate still below 5% Rates for ARM loans also at 5-year lows For borrowers with good credit and cash for a downpayment, mortgage rates remained at or near record lows this week, according to Freddie Mac’s latest weekly rate survey. The survey found rates on 30-year fixed-rate mortgages averaged 4.75 percent for the week [...] By Michael Dougherty, on October 12th, 2011 Print This PostMixed economic news that continues to lead the headlines has helped to keep low mortgage rates stable. Financial troubles in Europe has left investors busy each day waiting to see if Greece will default or a rescue plan will be implemented. Here in the U.S., even a negative report that is not considered terribly bad [...] By Michael Dougherty, on October 11th, 2011 Print This PostBy John Stanley – Oct. 8, 2011 06:04 AM The Arizona Republic Nearly a third of American adults are “doubled up,” with two or more adult generations living in the same home, according to the U.S. Census Bureau. That’s good news for Lennar Homes, which last month unveiled its “NextGen” home, designed specifically to allow [...] By Michael Dougherty, on April 11th, 2011 Print This PostSecuring a mortgage today might still make sense for you as interest rates continue to hover near historic lows, especially if you plan to stay put long term. A popular affordability index is also near its November 2010 record low. It all depends on your goals, income and credit history—and thus your ability to secure [...] By Michael Dougherty, on June 18th, 2010 Print This PostIn an announcement this week, the National Association of Home Builders reported that smaller homes are gaining traction among buyers. That’s in contrast to attitudes during the housing boom, when many people bought as much house as they could afford. That mindset seems to have changed, at least among singles — 68 percent of survey [...] |
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