Thursday, December 18, 2008
by The Bishop Team
Mortgage Rates
Mortgage rates have moved to a low that has not been seen in the marketplace for years. The Federal Government in an attempt to rally the downtrodden housing markets have pushed rates downward to a 4.75% rate for 30 year residential mortgages. It is hopeful that these rates will re-start the engine in the housing market industry. Aside from pushing buyer's forward into the market, these rates should provide an onsloaught of activity in the re-finance market for lenders. Another bonus is that the stock market reacted favorably to this news.
Wednesday, January 16, 2008
by The Bishop Team
The popular home to be was anywhere from $100,000 - $120,000. 20 homes closed within this price range. For more information about your home or a buying a home, contact the Bishop Group.
Wichita Falls