mortgage news: This news just came from one of our lenders 11/20/2009 - Buyers please take note. - 11/20/09 05:55 AM
Nationally, housing starts came in lower than expected and banks are maintaining the current pace at which they put foreclosures on the market.  Both of these have the effect of keeping inventories in line and home prices stable. The Consumer Price Index came in at an annual rate of 3.6% and , at its current pace, the Fed will run out of money to buy mortgages next March.  Both of these have the effect of pushing rates up. What does this all mean?  Housing prices will not go down and rates will go up, by the end of March, 2010.  Folks, it's not … (0 comments)

Angela Lawrence, Broker/Owner (North Carolina Homes Realty) Rainmaker large

Angela Lawrence


High Point, NC

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North Carolina Homes Realty

Address: PO Box 646, Clemmons, NC, 27012

Mobile: 336-909-1293

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Serving the Piedmont Triad North Carolina which includes Greensboro, Winston Salem, High Point, Kernersville, High Rock Lake, Oak Ridge, Summerfield, Clemmons, Advance, King, Jamestown, Mocksville, Asheboro, Lexington, Archdale, Trinity and all surrounding towns.




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