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Archive for the ‘Mortgage Rates’ Category

Great News for the Real Estate Industry, 30-Year Mortgage Rates Below 5 Percent
Recently, mortgage rates have been reported to be on the decline – a promising sign for buyers. Last week, according to Freddie Mac, the 30-year fixed rate mortgage averaged 4.95 percent, down from 5 percent the week prior. In fact, last year at this time, 30-year rates averaged 5.05 percent. “Low mortgage rates and home [...]
Posted in Bluegreen Communities, Mortgage Rates, Real Estate, economy, home buying |
North Texas Real Estate Market Update
The current North Texas real estate situation could be pretty accurately summed up as “cautiously optimistic.” Real estate practices were at the center of the recent economic downturn and the real estate industry has been one of the country’s most dramatically affected sectors. Fortunately, North Texas real estate has suffered much less than in other [...]
Posted in Bluegreen Communities, Home Building, Land Buying Advice, Mortgage Rates, Top Housing Markets, discount land, land for sale |
Foreclosure Property Prices Without the Work or the Risk
Buying a foreclosure property usually presents huge challenges like time demands and substantial risk. It requires significant amounts of research and preparation just to find a property. Once found, a foreclosure property can then mean a serious investment of your personal dollars on a piece of property that may or may not ever turn a [...]
Posted in Bluegreen Communities, Land Buying Advice, Mortgage Rates, Rural, Tax Credits, U.S. Economy, discount land, land for sale |
Why it’s a Good Time to Become a Land and Home Owner
Owning your own home can be extremely satisfying and can create a sincere sense of accomplishment and pride. Luckily, in today’s economic situation, it’s beneficial for you to become a land and home owner if you have the financial means. There are many factors that go into buying a home or building a new home on the right [...]
Posted in Bluegreen Communities, Home Building, Land Buying Advice, Mortgage Rates, Tax Credits, U.S. Economy |
Four Questions to Ask Your Home Construction Loan Officer
Most likely, if you purchase land in one of our master planned communities and plan on building a home, you are going to need to get a home construction loan. There are many lenders out there that will give you a home construction loan. But how do you know if the lender who you’re going [...]
Posted in Mortgage Rates |
Home Mortgage Rates at 52 Year Lows
Mortgage rates dropped to a 52-year low today and are not expected to drop much further which means that lot loans and construction loans are also at all-time lows. The good news for the housing market this week combined with these incredible low rates makes it the absolute perfect time to buy land now. According to [...]
Posted in Mortgage Rates, U.S. Economy |
Hope For The Housing Market
HOPE FOR THE HOUSING MARKET THIS WEEK! The housing market receive some of the best news this week it’s seen in months! · New Home sales rose 5% last month · Existing home sales had a better-than-expected gain in February · [...]
Posted in Mortgage Rates, Texas, Top Housing Markets, U.S. Economy |
10 Most Stable Housing Markets
Again, 4 of Bluegreen Communities®’ housing markets were represented when PMI Mortgage Insurance Co.  <http://www.pmi-us.com/> released its rather bleak first quarter 2009 Economic and Real Estate Trends Report <http://www.pmi-us.com/> , earlier this month, they included a list of the 10 most stable housing markets among the 50 largest metropolitan statistical areas (MSAs) in the nation. PMI’s [...]
Posted in Mortgage Rates, Top Housing Markets |
Obama Promises More Low-Cost Mortgages
President Barack Obama promised Saturday to reduce mortgage costs as a key part of his plan to improve the economy. Analysts applauded the move, saying that making low-cost mortgages widely available could stabilize housing markets and jumpstart new home construction.
Posted in Mortgage Rates, U.S. Economy |
New Refinance Boomlet May Lift Economy
Record low mortgage rates are providing a small measure of stimulus to the troubled U.S. economy as borrowers scramble to refinance their home loans–a move that frees up cash to spend on other items.  The Mortgage Bankers Association reports that the volume of loan applications has soared since November to its highest level in six [...]
Posted in Mortgage Rates, U.S. Economy |