New Home Sales Figures Better Than Reported - 09/28/11 02:00 PM
 
New Home Sales Figures Better Than Reported    
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.
August marked the lowest new home sales tally since February. News outlets are jumping on the story, with at least one calling it a “blow” to the housing market.
That’s an unfair assessment.
It’s tough for the new home market to tally big sales numbers when the number of homes for sale is dwindling and, in August, … (0 comments)

Capitalize On Low Interest Rates In Overlooked Places - 09/15/11 04:34 PM
 
Capitalize On Low Interest Rates In Overlooked Places   It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.
As a homeowner in Spartanburg , one way to take capitalize on today’s low rates is to apply to refinance your home. But there are other ways to take advantage, too.
In this 5-minute piece from NBC’s The Today Show, you’ll learn of a half-dozen ways to exploit the current rate environment, including:
Refinance a … (0 comments)

What’s Ahead For Mortgage Rates This Week : September 12, 2011 - 09/13/11 04:26 PM
 
What’s Ahead For Mortgage Rates This Week : September 12, 2011    
Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row.
The storylines should sound familiar by now. They are the same ones that have dictated the path of mortgage rates since April 2011. As a result, according to Freddie Mac, mortgage rates across South Carolina and nationwide are now at an all-time low.
Not in 50 years of tracking mortgage rates has pricing been so favorable.
Last … (0 comments)

 
Frank_22

Frank Hilliard

Greenville, SC

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New Penn Financial, LLC

Address: 124 Verdae Blvd, Suite 203, Greenville, SC, 29607

Office Phone: (864) 329-9424 x 102

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Daily updates from the mortgage industry from Preferred Trust's perspective. Keep track of weekly mortgage rate updates and many other issues impacting the mortgage finance world. I hope you enjoy the information contained in this blog!


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