What should a buyer know about a short sale home? Years ago, there were a number of Baltimore short sale homes for sale with the values in the Baltimore real estate market (and elsewhere) dropping from the high values seen in 2005 and 2006. A number of home sellers may have possibly owed more on [...]
Hoes Heights in Baltimore, Maryland is a lovely place to live! Located in Baltimore City, this neighborhood is an area with deep history. I recently sold a Hoes Heights home in Baltimore. Hoes Heights is an historically significant neighborhood. Hoes Heights is named for Grandison Hoe, who was a freed slave in Antebellum Baltimore. Grandison [...]
This Month in Real Estate August 2010 has been released. As I mentioned in my July 15 post, "Mortgage Rates at Lowest Point in Five Decades," mortgage interest rates have dropped to their lowest level in the past 50 years. On July 29th, that number was 4.54%! Freddie Mac's current average interest rate is at [...]
Mortgage rates are at the lowest point they have been in five decades. The national average is 4.57% for a 30 year fixed conventional loan. MSNBC reports that: Rates have fallen over the past two months. Investors, concerned with the European debt crisis, have poured money into the safety of Treasury bonds. Treasury yields have [...]