Real Estate News

30-year mortgage money is at  7.32%, 15- year 6.7%, FHA 30 year is 6.65%, Jumbo  7.71%, and 5/1 ARM 6.85%.

Existing-home sales in the South were down 7.14% month to month from October-September, and down 14.65% from one year ago.

New home sales in the South were up 19.06%% from September - August and were up 32.56% year over year.

Pending home sales in the South were down 0.69% from September - August and lost 10.02%% from one year ago. 

To VIEW land, recreation, and development properties in Tennessee, Alabama, and Georgia see www.ampub.com
Visit us on Facebook at www.facebook.com/mountainlakefrontandruralpropertyguide 

 Source: U.S. Census Bureau & Mortage News Daily