Mortgage interest rates dip to lowest level of 2014
Fixed mortgage interest rates keep declining....now to their lowest level thus far in 2014. The average rate for a 30-year fixed rate mortgage is now 4.1%. If you are…
Foreclosures slowing down in Harrisonburg, Rockingham County?
There are only five foreclosure sales scheduled in the future at this point. This is a much lower level than I've observed in many years. This could be an abnormal lull…
Mortgage Rates Remain Below 4.25%
Rates continue to stay quite low this summer -- hovering between 4% and 4.25%. Whether you are buying a re-sale or new construction home, this is a great time to lock in…
Hotel Madison, 60 Acre JMU Land Purchase, Low Mortgage Interest Rates and other top articles from June 2014
Will Hotel Madison Ever Be Built? JMU to purchase 60 acres of land previously intended to be privately developed as student housing? Are low interest rates (several years…
Are low interest rates (several years ago) making some owners less likely to sell?
Are low mortgage interest rates from 2012-2013 keeping today's inventory levels down? Sound confusing? Read the excerpt above, or the entire article on the Matrix…
Enjoy the LOWEST mortgage interest rates thus far in 2014
Fixed mortgage interest rates (30 year) continue their downward trend towards 4%. The average rate right now is an astonishingly low 4.12%. If you're buying now, or soon…
Temperatures Rising, Mortgage Interest Rates Falling
This is a great time to lock in your interest rate if you haven't already done so! Mortgage interest rates have fallen over the past several weeks, and are now…
Long Term Mortgage Interest Rates Seem QUITE Stable
Mortgage interest rates seem to be QUITE stable between 4% and 4.5%. Let's keep them there! This continues to be a great time to buy relative to locking in your housing…
30 Year Fixed Mortgage Interest Rates Staying Below 4.5%
A quick update on mortgage interest rates.... So far, mortgage interest rates are staying below 4.5%, other than for two weeks at the very start of this year. These…
How to buy a foreclosure in Harrisonburg or Rockingham County
As shown above, we are starting to see fewer foreclosures in Harrisonburg and Rockingham County. With some regularity, I am asked by potential purchasers how they would…
The Financial Benefits of Keeping Your First Home
Many people who bought their first home when home prices peaked between 2005 and 2008 have had difficulty selling their homes without taking a financial hit. It was…
Homes Sales Increase 9% in January 2014
Featured Property: 3050 Baybrook Drive, Harrisonburg, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market -- and home sales…