Wednesday, August 25, 2010

Mortgage Rates Amazingly Low, Continue to Fall

Mortgage Rates Amazingly Low, Continue to Fall
30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are at all time record low levels
Full Story: http://realtytimes.com/rtpages/20100825_rateupdate.htm

Monday, August 23, 2010

Vacation Rental Owners' Hard Lesson

Vacation Rental Owners' Hard Lesson from the Gulf Oil Disaster
Some vacation property owners in the Gulf area, suffering lost income due to the disaster, discovered the hard way why sound record-keeping is a must.
Full Story: http://realtytimes.com/rtpages/20100819_lesson.htm