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3413 Cambridge Maplewood
New Construction $279,900

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14637 Laketrails Chesterfield
Greentrails Area $192,500

14637 Laketrails - Chesterfield
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What does 2010 hold in store for the Housing Market?

Dennis Norman

In a just a few days we will say goodbye to 2009; a year that has been brutal to the housing market. So as the new year comes in, what will 2010 hold in store for the housing market?

To answer this question I turned to the housing forecast just released by Fannie Mae [...]

Mortgage rates decline this week on better than expected economic news

Dennis Norman

According to Freddie Macs weekly mortgage market survey mortgage rates decreased slightly for the week ending August 6, 2009 from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.22% with 0.6% in fees and points, down from 5.25% the week before. Last year at this time, the 30 year [...]

Interest rates increase slightly this week

Dennis Norman

According to Freddie Macs weekly mortgage market survey mortgage rates increased slightly this week from the prior week. The survey shows 30 year fixed rate mortgages averaging 5.20% with 0.7% in fees and points, up from 5.14% the week before. Last year at this time, the 30 year rate averaged 6.63%.

Rates on 15 [...]

30 year mortgage rates this week at 5.14%; lowest since May

Dennis Norman

By: Dennis Norman

Freddie Macs weekly mortgage market survey mortgage rates dropped this past week, making it the third week in a row rates came down.  

The survey shows 30 year fixed rate mortgages averaging 5.14% with 0.7% in fees and points, down from 5.20% the week before. This is the lowest rate reported in Freddie [...]