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The downgrade of the United States' credit rating sure helped mortgage interest rates! Wow! The average rate on a 30 year fixed rate mortgage is now 4.15%. This is…
Finally, some signs of hope for the local housing market! I just completed my monthly analysis of the Harrisonburg and Rockingham County real estate market, and there are…
After interest rates climbed nearly a full percentage point (4.2% to 5.0%) between October 2010 and February 2011, they have started to decline again over the past…
Do you like playing Monopoly? If you bought a townhouse between 2000 and 2005 in the City of Harrisonburg (perhaps in Liberty Square, Beacon Hill, Avalon Woods or Harmony…
My article from this month's issue of the Shenandoah Valley Business Journal... Change has been the only constant in the housing market over the past five years. Between…
As of today, you can obtain an amazing 3.625% interest rate on a 5/1 adjustable rate mortgage through FHA. Until recently, I had thought that 30 year fixed rate mortgages…
Three times in the past three weeks I have been in real estate related meetings when someone asked “So, how much do you have to put down on a mortgage these days, twenty…
Good news -- it won't be a problem if you don't have a 20% down payment. Some people think that you need a 20% down payment these days, since financing guidelines have…
Buy A Home! It is the American Dream! But why, you might ask? Well, here's a bit of the historical political context for the American Dream, per the National Association…
First --- let's be clear --- I'm not accusing smart people of sometimes being dumb. The title of this post is actually a quote from a smart person last week. She said…
A colleague asked me this question at a meeting of the Shenandoah Valley Builders Association this evening: So, would it be a good time to buy a house right now? I…
If you are in the market to buy a home, some of the properties you might be considering are foreclosures – but there are some distinctions to be aware of at different…
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