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GLOZAL –A Social Real Estate Network

A message to all members of GLOZAL –A Social Real Estate Network

Three months ago,real estate agent Gary Rogers says he was conducting a fairly routine home sale. [...]

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Americans favor walkable,mixed-use neighborhoods,with 56 percent of respondents preferring smart growth neighborhoods over neighborhoods that  require more driving between home,work and recreation. That’s according to a  recent study,the Community Preference Survey,by the National Association of  REALTORS®.

“REALTORS® care about improving communities through smart growth initiatives,” said NAR President Ron Phipps,[...]

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Rates Fall Again

Mortgage rates fell again this past week,along with the lower yields on Treasury bonds,reports Freddie Mac. Average interest on 30-year fixed loans declined to 4.87 percent from 4.95 percent a week earlier,and the 15-year fixed home loan rate slipped to 4.15 percent from 4.22 percent.

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More on Owner/Seller Financing?

QUESTION: In the December 7,2010 edition of the TAR Digest had an article on the Safe Act. Have there been any rulings since this edition was published? Also,it states that you cannot negotiate the terms of a mortgage on behalf of a seller. Does this apply to negotiating for the buyer as well?

[...]

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Rates Go Even Lower

Fixed mortgage rates have maintained recent lows or set new ones for more than two months now,sinking to 4.42 percent on 30-year loans for the week ended Aug. 19. The rate is down from 4.44 percent the prior week and is the lowest ever recorded since Freddie Mac launched [...]

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Thankfully,Rates Drop

The first decline in five weeks drove mortgage interest to near historically low levels once again as the 30-year fixed rate averaged 5.07 percent for the week ended April 15,down from 5.21 percent a week earlier. Freddie Mac also reports that the 15-year fixed rate averaged 4.40 percent,down from [...]

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Thankfully,Rates Drop

The first decline in five weeks drove mortgage interest to near historically low levels once again as the 30-year fixed rate averaged 5.07 percent for the week ended April 15,down from 5.21 percent a week earlier. Freddie Mac also reports that the 15-year fixed rate averaged 4.40 percent,down from [...]

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Mortgage rates rose to 5.08 percent last week from 4.99 percent a week earlier,pushing the average interest rate offered on 30-year fixed-rate mortgages to its highest level since the first week of 2010,according to Freddie Mac. The increase in mortgage rates occurred as long-term interest rates rose higher due to concerns about [...]

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Freddie Mac reported slightly higher mortgage rates last week,with the average interest on a 30-year fixed loan topping off at 4.99 percent from the previous week’s 4.96 percent and from 4.85 percent a year ago. Rates on 15-year fixed loans,meanwhile,bumped up to 4.34 percent from 4.33 percent a week earlier but [...]

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Long-term mortgage rates climbed above 5 percent this past week,as 30-year,fixed loans averaged 5.01 percent compared to 4.98 percent the previous week,according to Freddie Mac. Average interest on 15-year,fixed loans rose to 4.40 percent from 4.39 percent;and five-year,adjustable-rate mortgages climbed to 4.27 percent from 4.25 percent. One-year ARMs [...]