Ar_home_b_search
 



information: Freddie Mac and Fannie Mae - 09/12/08 06:29 PM
I am sure you are hearing in the news about the Government stepping in to provide stability to Fannie Mae and Freddie Mac.  I received the information below from Robbie Oakes, a lender with Corporate Investors in Chapel Hill.  It is a great explanation of why this needed to happen. 
I did want to let you know that there has been an immediate effect on mortgage rates.  Today, they dropped about a .5 point and they could go lower.  Today's rates are:
5.375 for 15-year fixed
5.625 for 30-year fixed
Please read below if you want a great explanation for why this … (0 comments)

information: Jodi Bakst Earns Designation as Short Sale Expert - 09/05/08 03:17 PM
I have been a Real Estate Broker for 11 years.  As are you, I am very concerned about the mortgage crisis not only for its affect on the real estate business but more importantly for its affect on homeowners.  The more important thing to understand is that not only are those with subprime loans affected, today we are seeing more and more defaults by homeowners with conventional, "A" paper loans. 
Because of the magnitude of the problem, I am working toward gaining my designation as a Certified Distressed Property Expert (CDPE).  My coursework will be completed and the designation earned by … (5 comments)

 
Rainmaker_large

Team Jodi - Chapel Hill Real Estate, Durham Real Estate

Chapel Hill, NC

More about me…

Jodi Bakst, Broker @ Chapel Hill Realty

Address: 6011 Farrington Road, Ste 102, Chapel Hill, NC, 27517

Cell Phone: (919) 697-5014

Email Me

If you are buying or selling in Chapel Hill, Carrboro, Durham, Hillsborough, Durham or Orange, Durham or Chatham Counties, you have come to the right place. Jodi Bakst and her Team of Real estate specialists provide seamless customer service for our buyer and seller clients throughout their relocation or move.


Listings

Links

Archives

RSS 2.0 Feed for this blog