Charles County Real Estate
Relocating to the Southern Maryland area? Searching for a REALTOR® to buy or sell a home in Charles County, Maryland? The Charles County Real Estate Network can help!
Relocating to the Southern Maryland area? Searching for a REALTOR® to buy or sell a home in Charles County, Maryland? The Charles County Real Estate Network can help!
Freddie Mac recently released the results of its Primary Mortgage Market Survey®, showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks. The survey concluded that [...]
Question of the Day Q: Are there such things as no-cost and no-fee loans? A: You see promotions for them all the time. But banking regulators have gone after lenders who misrepresent these loans. The reality is that no-cost and no-fee loans may actually cost the borrower more over the long term because costs are [...]
Foreclosure is every homeowner’s worst nightmare. However, there is no need to panic! Here are ten suggestions to avoid foreclosure, both now and in the future. 1. Don’t ignore the problem. The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your home. [...]
The housing spending gap between owners and renters is growing. According to the October Core Logic US Housing and Mortgage Trends, renters now spend 5% more of their monthly budgets on housing costs than homeowners. And as rents rise, the gap is expected to widen. Since 1985, housing expenses have taken up 12% more of [...]
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 16, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted [...]