Low Prices, Low Rates Mean Opportunity
Housing prices have fallen dramatically all over the country and rates on 30-year fixed-rate mortgages are already close to 5.5 percent. Experts say it’s possible, with government encouragement, that rates will fall as low as 4.5 percent.
Now is the time for first-time to step up. Here are some things to […]

Charleston has made another list! Our beautiful city was named as one of the best places to spend the Christmas holiday in Travel and Leisure magazine, and this list also appeared on cnn.com.    Here is the excerpt from the article about Charleston:
Charleston
Why Go: - Pecans roasting on the fire instead of chestnuts.
- Eggnog laced with […]

The sellers of 2606 Palm Blvd have reduced the price of their property to $2,995,000!  This is one of the wider lots, at 75×600 feet.  The existing home was constructed in 1950, and it would make a great restoration project if you’re looking for an authentic beach cottage.  If not, you’ll have plenty of space […]

Record low interest rates as of today…
30 Year fixed as low as 5.25%
80%LTV, Credit Score of 700+
Find the loan that’s right for you!  I suggest calling Jen Morris of Daniel Island Mortgage for your mortgage in the Charleston area- (843)367-3162
Call me to find the right home- Linda Gordon (843)324-3476 lgordon@carolinaone.com

Buyers Want Flexibility Over Bigger Rooms
Smaller, versatile space space is trumping huge square footage among home buyers, according to the findings of at least one major home builder.
Designers at Beazer Homes are eliminating long hallways to open up plans. They also are scaling back master bedrooms.
“We found some masters were getting deeper, so the […]

If you haven’t seen the home at 2 Forest Trail Court II, you should!  I thought I would let you know a little history, and tell you a little about the unique details inside.
This home was started pre-Hurricane Hugo, in 1989.  The pilings and foundation were in place, as well as the basic structure.  When […]

The 31st Annual Turkey Day Run and Gobble Wobble will take place on Thanksgiving morning.  The run begins at 9am,  you can even register on race day from 7am until 8:45.  This 5K race attracts approximately 4500 participants.  There’s also a fun run for kids.  It’s a great way to “counteract” the indulgences later in […]

The mortgage industry just received a nice boost!  The Fed is going to buy Mortgage Bonds.  The Federal Reserve just announced that it would purchase $600B of Mortgage-Backed Securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae.  This move by the Fed is designed to help increase the availability of credit, while lowering […]

INTEREST RATES ARE IMPROVING!!!
30 Year fixed as low as 5.625%
 
 
Call Jen Morris for all financing needs… 843-367-3162
 
 
FHA and VA Financing Available!!!
FHA & VA 5.75% 30 Year Fixed
Rates based on 80% LTV, Purchase with 700+ credit score…..
Conforming ArmsRateJumbo ArmsRate
(up to $417,000) ($417,000+)
3/1 Arm5.50%3/1 Arm5.50%
5/1 Arm5.625%5/1 Arm5.625%
7/1 Arm5.875%7/1 Arm5.875%
   
Conforming FixedRateJumbo FixedRate
(up to $417,000) ($417,000+)
30 Year Fixed5.625%30 Year […]

Forbes: Where Home Values Are Falling Fast
As the U.S. government struggles to devise ways to keep struggling homeowners out of foreclosure, there are some parts of the country where the problem is much worse than others.
Forbes magazine used data from Zillow.com to identify cities where homeowners are losing value fastest. Cities like Sacramento, Calif., Phoenix, […]