Lake Norman Real Estate

Author: Mike

  • Who Pays America’s Highest (and Lowest) Property Taxes?

    Who Pays America’s Highest (and Lowest) Property Taxes?

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    Mike
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    Who Pays America’s Highest (and Lowest) Property Taxes? The second biggest cost of home ownership—following the mortgage—is usually property taxes. In 2012, U.S. homeowners paid an average of about $2,800 in property taxes, according to a recent Zillow study. And if you live in New York, New Jersey, or Colorado your taxes were in some…

  • Fixed Mortgage Rates Tick Down

    Fixed Mortgage Rates Tick Down

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    Mike
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    Recently, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly as we head into the spring home buying season.”Mortgage rates eased a bit following the decline in 10-year Treasury yields,” says Frank Nothaft, vice president and chief economist, Freddie Mac. “Also, the economy added…

  • Can You Still Buy A Home With A Zero Down Mortgage?

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    Mike
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    Are you considering buying a home this year? Most would have you believe that you need at least a 3.5% down payment to get a mortgage. But there are actually a few ways you can get a home with a zero down mortgage. Here’s what you’ll need to get the keys: a good credit score…

  • 5 Reasons to Buy a Lake Norman Home Right Now

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    Mike
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    Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying. 1. Competition is about to Increase Every spring a surge of prospective purchasers enter the housing market. Like you,…