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Mortgage Rates are Falling Again!

November 25th, 2008

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 [...]

Good Mortgage Rates!

November 21st, 2008

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, [...]

Well, today it’s cold! It’s currently 45 degrees as I write this blog!  I’m actually happy about this, because I like when it’s cold over Thanksgiving- it’s a great excuse to snuggle up inside after the big meal!
It’s supposed to be 29 degrees tonight, so bring the pets and plants inside!
Did you know that there’s [...]

I have a great opportunity for you in Awendaw- a lovely 2500 square foot home on 10.5 acres! Beautiful wooded land, quiet area- perfect for horses or just enjoying the tranquility and only a short drive to Mt. Pleasant!
Some of you may not know anything about Awendaw or where the name came from.  Here is info taken from the official Awendaw [...]

Thanks to those of you that stopped by 3607 Hartnett Blvd yesterday.  Open houses are a great way to view homes of possible interest- there’s no obligation, no pressure and you get to see what a home looks like on the inside before ever calling a realtor.
It can be time consuming however, to go from [...]

Please visit 3607 Hartnett Blvd on this Sunday, November 17th,  anytime between 1pm and 2:30pm for a peek at this lovely home.  Beautiful well maintained yard…..bright sunny home with hardwood floors and renovated kitchen….perfect island home….only two blocks to the beach….Free Kayaks with purchase of home to enjoy the surf and the waterways!
Call for details-Linda [...]

There are currently 54 properties for sale on Sullivan’s Island, ranging in price from $299,000 for a one bedroom condo to $5,249,000 for a gorgeous oceanfront home on 1.4 acres.  This does not include homes that are for sale by owner, such as the spectacular home at 1851 Ion priced at $5,880,000.   So there’s a [...]

I wrote a blog a few days ago about Charleston and our waterways, rivers, etc., but I failed to mention a new sport that is catching on- paddleboarding!  I remember the first time I saw someone paddleboarding- I was on a boat with my family, motoring down the Intracoastal Waterway, and I looked over towards [...]

Have you ever sat at home wondering “What’s going on in Charleston this weekend?”- The Charleston Regional Business Journal has a great little email that comes out every Thursday called “10 Ways to Play”.   You’ll find info on all sorts of events in the Charleston area.  You can also submit your event for inclusion in [...]

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