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Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.85 percent with an average 0.4 point for the week ending March 27, 2008, down from last week when it averaged 5.87 percent. Last year at this time, the 30-year FRM averaged 6.16 percent. FULL STORY->  | | | |
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Daily News And Advice
Updated 01:00 AM CDT Today
Hot Market: McLean Virginia - Where Luxury Sells Fast
When looking at a market to see if it's slowing down or speeding up, it requires looking at more than just price. In fact, if an observer looks at just price to determine if a market has turned around, they've actually waited too late to get in on the bottom. FULL STORY->
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Realty Viewpoint: Tax Benefits Make Homebuying Sound Decision
Now that we're over home flipping, let's get back to the realities of the true profits of owning a home. With the exception of 2007, home have increased in value nationwide one to two points above inflation levels, which is not an incredible return. When you add in the tax benefits, you just about live for free when you own your own home. FULL STORY->
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Regional Report: Northeast
While the median average sales price fell for most parts of the country compared to last year, the Northeast showed an increase of almost $16,000 and 3.12% to an average $270,000. FULL STORY->
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Review The Landscape Before You Buy Or Sell
Spring is typically a good time for homeowners to start preparing to sell their homes because families interested in moving will often look now so that they can buy a home just in time for the kids to go on summer break. FULL STORY->
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Real Estate Outlook: Existing Home Sales Rise
Sales of existing homes last month rose for the first time in half a year, adding fresh evidence that the housing cycle may finally be bottoming out after nearly three years of correction. FULL STORY->
Regional Report: West
As we all know, the West seemed to be one of the hardest-hit areas by the current housing downturn. But Realty Times contributor Broderick Perkins argues that, despite the gloomy news, it's not as bad as it looks. FULL STORY->
Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Economic forecasts have come in as expected with no surprises and mortgage rates remain the same. FULL STORY->
Realty Viewpoint: Bad News Makes Homebuying Conditions Better
For those homebuyers who are still waiting for better conditions, there's another miracle headed your way. FULL STORY->
Curb Appeal: Stamped Concrete
Curb appeal is the first impression of a home or property as viewed from the street. And it can actually increase the value of your property for resale, or better yet, cause envy from nearby neighbors. FULL STORY->
Market Conditions: Chicago, Illinois
Our local market experts for the Gold Coast, Streeterville and River North neighborhoods, Sandy Adler, reports a growth in inventory as sellers continue to wait out the slow market. FULL STORY->
Quitclaims and Elder Law?
ask rt daily FULL STORY->
Real Estate Marketing Strategies: How You Can Create Your Own "Success Blueprint"
Have you often wondered how you can become even more successful? Has it ever seemed to you that you have a "glass ceiling" on your level of success? In spite of all your hard work, do you find yourself still falling short of having financial security? Do you see people climbing the ladder of success, only to take one step forward and two steps back? FULL STORY->
Real Estate Investment Basics
If market conditions have given you the itch to invest in real estate, treat it with education, market savvy and professional help. FULL STORY->
Be the Difference that Makes the Difference
Our industry has shifted to a buyer's market. The mortgage industry's woes have come to roost in the building industry's branches, and builders are rightfully concerned about how they can be as successful as they were in the past. FULL STORY->
A Bailout By Any Other Name
Condo Trends: Detroit - the Phoenix of Real Estate
Realty Viewpoint: Watch The Dates Of Housing Reports
Regional Report: South
Mortgage Moment: Landlord Responsibilities for Lead Paint
What's an "REO" property?
Market Conditions: Chicago, Illinois
Motivate Your Sphere of Influence
HOA Committee Gems
Cultivating A Green Home Lifestyle
Seller Financing Coming Around Again
New Homes: Skinny Infill That Works
Realty Viewpoint: Rising Housing Sales Should Be No Surprise
Market Conditions: Atlanta, Georgia
What are the Effects of the Economic Stimulus Package?
Reverse Mortgage Market: Double Is Just the Beginning
March Cybertips
How to Be an Advertising Contrarian
Washington Report: Buying Bonds and the Mortgage Market
Wild, Wild West: No Recession Forecast For California, Nation
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CURRENT
MORTGAGE RATES
| Interest Rate Watch | 30 yr fixed: | 5.85% | | 15 yr fixed: | 5.34% | | 1 yr adj: | 5.24% |
(U.S. Daily Averages) |
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| Paul Stillwaggon & Pat Cornish
908-561-5492,
Luxury Custom New &
Pre-Owned Homes
E-mail: njestates@earthlink.net
Web: http://www.newjerseyestates.net/
908-561-5492 (Paul) 908-310-1358 (Cell)
908-561-6499 (Pat) 908-578-0890 (Cell) |
| Weichert Realtors
New Jersey Estates
908-561-5400
55 Stirling Road, Watchung, N.J. 07069
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2 Comments on DAILY NEWS & ADVICE FROM REALTY TIMES/ 03/28/2008
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Patricia Cornish NJ, New Homes, Pre Owned Homes
Berkeley Heights, NJ
More about me…
Weichert Realtors/ New Jersey Estates
Office Phone: (908) 561-6499
Cell Phone: (908) 578-0890
Email Me
Linking the latest technology to old fashion service. Pat is always conscious of how important it is to purchase or sell a home. The price point of the home doesn’t matter.
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Patricia That is a lot of great info. for your clients and others. All those articles look great.
J.