Author: Mike
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Lake Norman Real Estate Market Update September 2014
Lake Norman Homes In September 2014 150 homes sold in the Lake Norman area, a 1.4% increase from the 148 homes sold in August. September 2014 sales figures increased 19% from September 2013 when 126 homes sold in the Lake Norman area. September 2014 sales were the highest for September since 2005 when 177 Lake…
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30-Year Fixed Mortgage Rates Drop Below 4%
30-Year Fixed Mortgage Rates Drop Below 4% Mortgage rates have gone from cheap to dirt cheap in the span of one week, thanks to fixed-rate home mortgages falling to below 4% and hitting new lows for the year. Now, buyers can lock in the lowest rates of the year at 3.97% for a 30-year fixed-rate…
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Mortgage Rates Inch Up But Stay Near Year Lows
After weeks of holding steady at their lowest levels of the year, mortgage rates for most U.S. home loans saw marginal increases this week. The average for a 30-year fixed-rate mortgage rose to 4.12% from 4.10% last week, according to the latest survey from mortgage buyer Freddie Mac. A year ago at this time, the…
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Lake Norman Foreclosure Real Estate Market Update August 2014
Lake Norman Foreclosure Market Update Lake Norman Foreclosure Homes At the end of August 2014 there were 12 Lake Norman foreclosures & short-sale properties listed in the Lake Norman MLS area, a 70.7% decrease from the 41 foreclosure & short-sale properties for sale in August 2013. 1 Lake Norman foreclosures/short sale homes closed in August…