Mack's Blog

10 Most Desirable Features in New Homes
A new RISMedia article by Steve Kerch (“Top 10 Must-Have Features in Today’s New Homes”) summarizes consumer reports recently released at the NAHB International Builders Show in Las Vegas. One survey, by AVID Ratings Co., solicited home buyer preferences, revealing “10 ‘must’ features in new homes”:

Large kitchens, [...]

Long-term mortgage rates fell for the third straight week, pushing the average rate on 30-year fixed home loans below 5 percent again, according to Freddie Mac. This past week, average interest on 30-year mortgages was 4.99 percent, compared to 5.06 percent the previous week and 5.16 percent a year ago. Rates on 15-year [...]

The below link is to the latest letter from HUD involving forestalling foreclosures. It defines terms used in deciding those that can benefit. If you are in the position of being late with your mortgage payments you need to check with your servicer what options are open to you. Don’t wait on them to [...]

Beautiful brick home on corner lot near Tims Ford Lake in Tennessee. Fresh painted interior, 2 story home with main bedroom and bath located on first floor. 2 bedrooms and bath with an additional room for expansion. Priced to go $ 111,900. Call today 931-808-8661 for your private showing.

A Poem Worth Reading

He was getting old and paunchy And his hair was falling fast, And he sat around the Legion, Telling stories of the past. Of a war that he once fought in And the deeds that he had done, In his exploits with his buddies; They were heroes, every one. [...]

Ten Things to Know About Real Estate in 2010
Is 2010 the year to buy a house? It certainly looks that way: After a steep run-up in prices during the first half of the decade, home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the foreclosure epidemic–while [...]