March 2007 - Posts
While the 30-year fixed mortgage rate held at 6.16 percent this week, Freddie Mac reports a dip in the 15-year fixed rate to 5.86 percent from 5.9 percent a week ago. The five-year adjustable rate fell to 5.88 percent from 5.91 percent, but the one-year
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We often see on the real estate sign post "Free Home Warranty". As a first time home buyer or even a savvy buyer may not know what it is and why would they need one. A Home Warranty is Not Hazard Insurance Don't confuse a home warranty with
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Much awaited Claude Moore Recreation center in Loudoun county/ Sterling will open on March 31st for the resident. It has Latest Fitness equipment including Cybex & Nautilus State-of-the-Art Rock Climbing Wall 50-Meter Competition Pool / Diving Boards
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Sales of new homes plummeted in February for the second consecutive month, an unexpected drop that dashed hopes of an imminent recovery in the housing market. The Commerce Department reported yesterday that sales of new single-family houses dropped 3.9
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Builder Ryan homes recently did a ground breaking for a new community in Chantilly right off Centreville road. Minutes to to Rt. 28, Rt. 50, Fairfax County Parkway, Toll Road and I-66. They are offering 3 models : Hammond Upper $590's Sheridan Upper
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With the subprime mortgage industry in free fall, where do home buyers with less-than-perfect credit turn for financing? The news reports are grim. Dozens of subprime lenders closed their doors or cut back sharply on new mortgage offerings. Lenders are
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With all the conflicting reports on housing prices and the direction of the market, you might ask: What's really going on out there? If, as the National Association of Realtors reported last month, the median price of an existing home nationwide fell
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A development of up to 720 apartments and stores on a 15-acre parking lot at the Dunn Loring-Merrifield Metro station won unanimous approval yesterday from the Fairfax County Board of Supervisors. Read Article
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We have heard various bubbles burst for past decade from stock, oil to real estate. Now the buzz word is lending industry and its mortgages. Banks and mortgage companies would sharply scale back lending to two groups: subprime and "Alt-A" borrowers.
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When I received my tax bill I was not surprised that my primary resident assessment dropped significantly. My husband looked up to me and asked whether its a good news or bad news. With a pause I can understand its great news if you are not planning to
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According to the Washington Post article the sales of new U.S. homes fell 16.6 percent in January and prices were little changed as the number of new homes on the market decreased slightly, according to a government report on Wednesday showing some weakness
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