30-year Fixed Rates Continue Month-Long Decline

zillow

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.26 percent, down from 5.40 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com . Meanwhile, rates for 15-year fixed mortgages fell to 4.65 percent from [...]

Home builders appraising the new home appraisal rules

Less than three months after new rules for home appraisers kicked in, the real estate industry is in uproar.  Realtors, new home builders, mortgage brokers and the appraisal industry itself all agree the rules are causing problems. Some are backing a bill in Congress to kill them. The new guidelines bar mortgage brokers from ordering [...]

Spec Homes Leveled by Bailout Bank

Have you read the headlines surrounding the demolition of 16 never lived in, new homes near Victorville, California? Patrick Thatcher, staff writer for the Daily Press first posted this VIDEO on Youtube. Guaranty Bank says knocking the homes down is cheaper than finishing them, making some wonder if it could happen here. The Texas-based bank has decided to have the [...]

Available! Signature Kimball Hill Model Home

New Signature Model Home Design Available Now!   $202,074.00 4 Bed 3.5 Bath 2,448 Bldg. Sq. Ft. 2114 Hartley Forney, TX 75126MLS 10883354 Lot Size 50 Sq. Ft. Schools Rockwall Year Built 2007View Property Website   Description Secluded owner s suite, gourmet island kitchen with 42 inch cabinets, extensive upgraded tile, diagonal tile backsplash & [...]