Mortgage Updates

Mortgage Rates Decrease Again, Veering Back Into Territory Of Lowest Rates On Record Amy DobsonSenior ContributorReal EstateCovering everything from luxury homes to housing trends around the world. The downward trend of mortgage interest rates has continued this week, with average rates reaching 2.91% for a 30-year fixed rate loan, according to the weekly report by Freddie Mac. This is a decrease from last week’s rates when they reached 2.99%, but is still just slightly higher than their lowest rate on record …

Read MoreMortgage Updates

510 Songwood Sold

This was a fun musician to musician transaction with the help of TNT Title Lakeway and Clear Title in Pensacola. And to boot an accomplished gardner is in the mix to maintain and add to the lovely grounds. Homes in 78669 have low inventory so be quick if you are looking to buy. There are still some reasonably priced lots in waterfront neighbors with great amenities. Remember me if you are a buyer. I have ABR and SRS certifications and …

Read More510 Songwood Sold

My New Listing

Just listed a great humdinger of a home. Located in the gated lakeside community of Lakeside Beach. This is a single story 4/2 on 1.26 acres. A custom home built by JC Construction. Inside features include two fireplaces, stained concrete floors, high ceilings, overhead lighting, surround sound, Alder wood hard core wooden doors and cabinets, plus all high end appliances convey and much much more. The outside offers many amenities including a 11X18 greenhouse (with lighting and A/C), tons of …

Read MoreMy New Listing

UPDATE

   Brought to you by Catherine Darwin       For the week of september 30, 2019     YOUR WEEKLY SMILE     What type of vehicle should you drive in the fall? An autumn-mobile!         NATIONAL MARKET UPDATE       New Home Sales shot up a breathtaking 18% year-over-year in August with the 12-month average hitting a post-recession high! The 713,000 annual rate was 7.1% over July, even after that month’s 31,000 unit upward …

Read MoreUPDATE

NATIONAL MARKET UPDATE

   Brought to you by Catherine Darwin       For the week of september 23, 2019     YOUR WEEKLY SMILE     What kind of dog does a chemist have? A Lab!         NATIONAL MARKET UPDATE       Housing Starts shot up 12.3% in August, to a 1.364 million annual rate, a new post-recession high. And Building Permits gained 12.0% over a year ago, to a 1.419 million yearly rate, another post-recession record. No …

Read MoreNATIONAL MARKET UPDATE

TNT Article to Share

View this email in your browser Closings Involving Trusts   TRUSTS IN GENERAL:What are they?Trusts in themselves are not legal entities which can own, manage or sell property.  A trust operates through one or more trustees, who usually are individuals but may be corporations.  It is these trustees who hold legal title to the property for the benefit of the beneficiaries of the trust.  WHAT DOES A TITLE COMPANY NEED WHEN A PROPERTY IS HELD IN TRUST?To be able to …

Read MoreTNT Article to Share