In any real estate market, price is the key. It’s just not as important in an increasing (seller’s) market than in a declining (buyer’s) market.
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There are few real estate economists more respected than Mark Dotzour, chief economist of the Real Estate Center at Texas A & M University. He says the time to refinance is now, and that there may not be a better time for years to come.
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Question: One piece of advice I got before getting into real estate was to become active in several local community service organizations. I’ve done that, but it seems I am spending most of my time on volunteer efforts and it’s not really helping me get business. What am I doing wrong?
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McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.72 percent with an average 0.4 point for the week ending February 14, 2008, up from last week when it averaged 5.67 percent. Last year at this time, the 30-year [...]

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