Category Archives: News

Homeownership Rate Second-Highest on Record

Homeownership Rate Second-Highest on Record Daily Real Estate News | Monday, October 24, 2011   The homeownership rate is at its second-highest level on record, only behind the record high set in 2000, according to the U.S. Census Bureau, which … Continue reading

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New Fauquier County Resource…

There is a new resource to use in your search for information about Fauquier County everything from a Calendar of Events to Dining to Real Estate can be found on the wonderful www.fauquieronline.com please check it out. It is updated regularly with … Continue reading

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Mortgage Rates Fall 6 Weeks in a Row

Mortgage Rates Fall 6 Weeks in a Row May 20, 2011 Mortgage rates dropped again this week, as the conforming 30-year fixed mortgage rate falling to 4.77% with 0.4 discount and origination points, according to Bankrate.com. The average 15-year fixed … Continue reading

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Freddie Mac Offers 3.5% Closing Costs To Buyers Of Its Foreclosed Homes

Freddie Mac Offers 3.5% Closing Costs to Buyers of its Foreclosed Homes May 18, 2011 HomeSteps, the real estate sales unit of mortgage guarantee giant Freddie Mac, is offering to pay 3.5% of a home’s sale price in closing costs … Continue reading

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Refinancing Home Owners Like Shorter-Term, Fixed-Rate Mortgages

Refinancing Home Owners Like Shorter-Term, Fixed-Rate Mortgages May 17, 2011 Home owners who refinanced in the first quarter of 2011 chose fixed-rate mortgages more than 95% of the time, according to data collected by mortgage guarantee giant Freddie Mac. An … Continue reading

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Mortgage Rates Plunge

Mortgage rates plunge By Polyana da Costa • Bankrate.com   Mortgage rates fell this week as investors sought safety, amid concerns of global instability and the still-weak economy. Find the best mortgage rates in your area. The benchmark 30-year fixed-rate … Continue reading

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Fannie, Freddie: More Help On The Way For Troubled Home Owners

Fannie, Freddie: More Help on the Way for Troubled Home Owners May 2, 2011 By Dona DeZube, HouseLogic Financially troubled home owners whose mortgages are guaranteed by Fannie Mae or Freddie Mac will get new foreclosure avoidance help beginning this … Continue reading

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Mortgage Rates Inch Lower

Mortgage Rates Inch Lower April 29, 2011 NEW YORK—Mortgage rates remained below the 5% mark, with the benchmark conforming 30-year fixed mortgage rate inching lower to 4.95%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an … Continue reading

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Pending Home Sales Rise Again In March

Pending Home Sales Rise Again In March April 28, 2011 WASHINGTON (April 28, 2011)—March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the NATIONAL ASSOCIATION OF REALTORS®. … Continue reading

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Existing-Home Sales Rise in March

Existing-Home Sales Rise in March April 20, 2011 Existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the NATIONAL ASSOCIATION OF REALTORS®.  Existing-home sales, including single-family, townhomes, condominiums, and co-ops, increased … Continue reading

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