This Week’s Primary Mortgage Market Survey® (PMMS) Results
January 15, 2010 by Victoria Stankard · Leave a Comment
Freddie Mac released its Primary Mortgage Market Survey® (PMMS) results yesterday. Every week, Freddie Mac surveys approximately 125 lenders on rates and points they are quoting for their most popular mortgages, including 30-year fixed rate, 5/1 hybrid amortizing adjustable rate, 15-year fixed rate and 1-year amortizing adjustable rate mortgages. The PMMS is based on prime [...]
A Bit of Good News for the Housing Market – Charlotte NC Real Estate Expert
December 11, 2009 by Victoria Stankard · Leave a Comment
According to the National Association of Realtors® (NAR), pending home sales have risen for nine consecutive months, up nearly 4%. Although some deals can and will fall through the wayside, signed contracts are a good forward-indicator of where the housing market is headed. October definitely showed signs of optimism and any trends pointing to housing market recovery are [...]
Unemployment and Prime Home Loans Add to Foreclosure Crisis – Charlotte NC Foreclosure Expert
December 2, 2009 by Victoria Stankard · 1 Comment
Last year, risky sub-prime loans were fueling the housing crisis. A recent quarterly survey of 44.6 million loans from the Mortgage Bankers Association (MBA) showed a rise in the proportion of prime home loans, mainly due to unemployment, is adding to the problem. MBA’s 3rd quarter report stated that 14% of homeowners with a mortgage were behind on their payments [...]
Leigh Brown, aka The Real Estate Diva, is a native of Concord NC in the Charlotte area. She grew up on a farm at the edge of Cabarrus County, still goes to the same church she grew up in (home of the world famous Mallard Creek Barbecue!), but has become a leader in area real estate through constant learning and continually upgrading technology to better serve buyer and seller clients. Leigh does indeed have a reputation as a barracuda-when it comes to protecting client interests. Her softer side is reserved for her husband and two kids who provide a constant source of joy-and entertainment
