Browsing the blog archives for November, 2007

“Housing to slow growth in 2008″

Based on recent predictions by financial forecaster Global Insight, provided to the US Conference of Mayors, the Raleigh-Cary economic growth is expected to decline by more than 20 percent next year. The Raleigh-Cary real estate market has been more or less sheltered from the national housing slump and has just recently noticed a slow down with more homes on [...]

No Comments
November 27, 2007 by Jan Wynns in Investing in Raleigh Area Real Estate, Raleigh North Carolina Real Estate Statistics, Raleigh Real Estate, Real Estate Investing in the Raleigh-Durham Area

How does the reduction of interest rates by the Fed’s affect mortgage rates?

Many thanks to Ethan Jarvis, Mortgage Consultant with Carolina Residential Lending, for sending this link along with his comments about the relationship (or lack thereof) of the prime rate and how it relates (or doesn’t) to mortgage rates. If you would like to consult with Ethan, you can reach him at 919.656.6647 or send him an [...]

No Comments
November 6, 2007 by Jan Wynns in Raleigh Real Estate