Low Mortgage Rates in the News

Just days after I posted Mortgage Rates Lowest in 40 Years we see a national story touching the same topic with Mortgage rates remaining at the lowest level in decades. (Think the AP is shadowing me?)

Just how low can you go?

The last time home loan rates were lower was the 1950s, when most mortgages lasted just 20 or 25 years.

(more…)

Continue ReadingLow Mortgage Rates in the News

Mortgage Rates Lowest in 40 Years

As in life, there’s good news and there’s bad news. Looking at our Louisville real estate home values and number of sales, we see that 2010 is a big improvement over 2009. That’s good news! But 2009 wasn’t a very good year, to begin with. That’s bad news. But now mortgage rates are at their lowest levels in 40 years.

Chart: Mortgage Interest Rates for the Past 36 Years
(more…)

Continue ReadingMortgage Rates Lowest in 40 Years

Interior Design on a Budget, You Can Afford It!

There are many myths surrounding the interior design profession that we are always happy to debunk. One of those myths is that the average person cannot afford an interior designer. Here are the reasons why this isn’t true and how a designer can actually save you money. Read on to learn more about interior design on a budget.

J. Renee Designs - Design Portfolio
(more…)

Continue ReadingInterior Design on a Budget, You Can Afford It!

BlackBerry Still Winning the Mobile Phone War, But for How Long?

I saw recently that the National Association of Realtors published their annual Smartphone Survey Report. A great deal of this report is already well-known (and boring) but a couple of the results caught my eye. Keep in mind this survey is targeting real estate agents, not the public at large.

Smartphone OS for Real Estate Agents
(more…)

Continue ReadingBlackBerry Still Winning the Mobile Phone War, But for How Long?

Determining Home Values, Zillow Zestimates Are Bad and More

When all the ancillary real estate Web sites started cropping up about five years ago I thought, “Great! These give consumers more information, which is always a good thing.”

Photo of a home in Louisville KY
Online formulas such as Zillow Zestimates are bad in determining a property’s true value.
(more…)

Continue ReadingDetermining Home Values, Zillow Zestimates Are Bad and More