15-year Fixed Loans are Becoming More Attractive to Borrowers – Charlotte NC Real Estate

Posted by Leigh Brown on Dec 16, 2009 in Real Estate News | 0 comments

With interest rates at an all time low, more and more borrowers are choosing to go with a 15-year fixed-rate mortgage rather than a traditional 30-year fixed rate loan. Rates on a 15-year fixed-rate loan averaged 4.46% last week. Rates on a 30-year fixed-rate loan averaged 4.99% and according to the Mortgage Bankers...

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Smaller House Buying Trend – Charlotte NC Real Estate Expert

Posted by Leigh Brown on Nov 30, 2009 in Real Estate News | 0 comments

The “appeal” of a bigger home is shrinking along with house size. Americans are downsizing due to the economy or simply out of preference. The lure the “McMansion” has faded making way for a new trend of smaller home buying.   For many, the bigger the house, the bigger the headache.  According to U.S....

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$100 Down Payment HUD Home Program – Charlotte NC

Posted by Leigh Brown on Oct 12, 2009 in Real Estate News | 1 comment

Owning your own home has always been considered the “American Dream’”and there has never been a better time to make that dream a reality. If you are a qualified owner-occupied home buyer who has not purchased a HUD home as an owner-occupant in the past two years, you may be able to purchase a Charlotte, NC HUD...

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