Archive for December, 2008
Friday, December 12th, 2008
The government recently announced its intention to push mortgage rates down to 4.5%. Many people have misconstrued this to mean that rates will go down on refinances as well, when guidance from some banks is that discounted rates will be for purchases only. As a tool to jump start the ...
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Tuesday, December 9th, 2008
December is typically the slowest month in the real estate market. This year is no different. The midpoint of this last month of 2008 has seen only one property close escrow, and another gone pending. Currently, there are 41 condos on the market. The average time for a sale in ...
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Friday, December 5th, 2008
Congratulations to Sean & Cindy for closing on their new home. May you have a speedy and enjoyable time remodeling, so you can enjoy your new home soon! Just before the Thanksgiving holiday, mortgage interest rates dropped dramatically, when the Federal Reserve announced a program that intends to assist consumers ...
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