Any Tuesday In April

Every Tuesday in April we will be joining hands with Habitat for Humanity and working on a project in Fredericksburg.  We will be refurbishing a home inside and out.   We are asking for groups of volunteers to come out and join us.  If you would like to lend a hand, just contact our office at 540-310-4804 or e-mail betsy@thetitleprofessionals.com and sign up any Tuesday in April.   While you are at it bring out your whole team, what a great team building excercise while giving back to the community.  We would love to have you join us for such a great cause.

To learn more about Habitat for Humanity go to their website http://www.fredhab.org/

Could soaring DC sales be good news for our area?

As posted in Virginia Business.com March 11, 2011  
reposted from Bill Freehling Biz Insider Fredericksburg.com

Pending Home Sales Soar in the Washington, D.C. Area
March 10, 2011 4:07 pm.

A real estate information company says pending home sales in the Washington, D.C., market has showed the largest year-over-year increase in 10 years.

RealEstate Business Intelligence says the number of contracts signed in February was up 33 percent from the same time last year, the biggest increase in more than a decade. The company added, however, that housing prices remain weak because of restrictive mortgage conditions.
RBI defines the Washington market area as including Alexandria, Arlington County, Fairfax County, Fairfax City, and Falls Church in Virginia.

Rates Down for 3rd Week

As posted in Virginia Business.Com

 

Mortgage rates drop for third consecutive week

Virginia Business.Com March 3,2011 2:11 p.m.

Mortgage rates dropped this week for the third consecutive week, according to Freddie Mac's weekly survey.

The 30-year, fixed-rate mortgage averaged 4.87 percent, down from last weeks 4.5 percet.  At this time alst year, the average rate was 4.97 percent.

The 15-year, fixed-rate mortgage averaged 4.15 percent down 0.7 percentage point from last week when it averaged 4.22 percent.  A year ago, the average rate was 4.33 percent.

"Interest rates for 30-year fixed mortgages were almost 0.2 percentage points below this year's high set just three weeks ago," Frank Nothaft, vice president and chief economist of Freddie Mac, said.  "This means that home buyers could now expect to pay $263 less er year on a $200,000 loan."

Trivia Question Hint ...

A little hint to assist you in answering this month's trivia question in our February 15th newsletter.

What would a home buyer buy on installment that would become part of the house?

Make sure you are participating in the trivia contest each month.  Sign up to receive our newsletter from our website at www.thetitleprofessionals.com

send your trivia question responses to contest@thetitleprofessionals.com