maui hawaii: Mortgage Rates Fall Yet Again
- 09/03/10 01:12 PM
Mortgage rates have hit a new record low for the 10th time in 11 weeks as investors continue to turn to Treasury bonds as a safe haven; the shift in money is cutting yields, which mortgage rates tend to follow. Freddie Mac reports that 30-year fixed loans averaged 4.32 percent, down from 4.36 percent a week ago; and the 15-year fixed rate fell to a new low of 3.83 percent, down from 3.86 percent.Source: Chicago Sun-Times (09/03/10) Now is a phenomenal time to buy if you are: First-time home buyers with good credit and a small down payment Investors (new or seasoned) (2 comments)
maui hawaii: July Pending Home Sales Show Rise
- 09/02/10 08:19 PM
September 2, 2010 Following a sharp drop in the months immediate after expiration of the home buyer tax credit, pending home sales have modestly risen, the NATIONAL ASSOCIATION OF REALTORS® says. The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.Lawrence Yun, NAR chief economist, cautioned that there would be a long recovery process. "Home (2 comments)
3 bedrooms 2 baths 1035 sf Potential Short Sale Wow. Can you say "investment opportunity"? For more information send me an email or post a comment so I can get a hold of you. Prices on Maui are at 5 and 6 year lows...but for how long? Get in before the prices skyrocket again. If you have questions about a particular listing in Kihei or Wailea on Maui please give me a call at 808.633.1292. Email me at JeffGraves@ClearWire.net for more information on "Buying Property in Kihei, (0 comments)
Kihei and Wailea Maui real estate for sale.
If you are thinking about taking advantage of the lower prices on Maui - be sure to contact me about Kihei and Wailea. I can help guide you in making the same move or purchasing a rental that you can use year after year.
Thinking of moving?
I relocated to Kihei Maui September 2005, I have first hand experience making the move to Kihei on Maui and can advise you as needed.
Aloha.
Jeff Graves, Realtor (S)
808-633-1292
Coldwell Banker Island Properties
34 Wailea Gateway Place, A-207
Wailea, Maui, HI 96753