by kramoltz@hotmail.com | Apr 11, 2016 | Mortgages + Lending
Last week mortgage rates fell to their lowest level since February 2015. 30-year fixed-rate mortgages averaged 3.59%, and 15-year fixed-rate mortgages averaged 2.88%. Buy or refi now to take advantage of these rates!
by kramoltz@hotmail.com | Apr 7, 2016 | Global Buyers + Foreign Investment
As China’s economy slows and its stock market posts sharp declines, Chinese investors are reportedly looking to park more of their money in U.S. real estate. Developers, financial institutions, and high net-worth individuals are seeking safe investments in...
by kramoltz@hotmail.com | Apr 5, 2016 | Mortgages + Lending
Bank of America announced a loan program through Freddie Mac and Fannie Mae to help low and moderate income borrowers. B of A is backing loans with down payments as little as 3%, as long as borrowers have a credit score of at least 660. The maximum available loan...
by kramoltz@hotmail.com | Mar 30, 2016 | Animal Stories (mostly Dogs in the Military), Selling Your Home
In the past week I received a form letter and postcard from two different outfits saying they want to buy my home. The good news is that these type of solicitations indicate that values have risen sufficiently to justify entry into our market by “vultures”. Vultures...
by kramoltz@hotmail.com | Mar 25, 2016 | Arizona and Its Amenities, Real Estate Facts & Figures
The Washington Post reports that Arizona was among the big winners for net migration. The latest figures from the Census Bureau show the state gained about 45,000 residents from other states. Arizona ranked fourth highest in the nation in net migration last...
