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Monday, October 11, 2010
Home for sale - 2 lots from the ocean in Kitty Hawk
Thursday, September 23, 2010
4 bedrooms, 3 baths - golf course and ocean views!
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Friday, May 21, 2010
Mortgage rates plunge to all-time low
Mortgage rates plunge to all-time low
By Holden Lewis • Bankrate.com
Mortgage rates fell this week to the lowest level in generations.
The benchmark 30-year fixed-rate mortgage fell 11 basis points this week, to 4.96 percent, according to the Bankrate.com national survey of large lenders. That's the lowest it has been in the nearly 25-year history of Bankrate's survey. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.5 discount and origination points. One year ago, the mortgage index was 5.24 percent; four weeks ago, it was 5.22 percent.
The benchmark 15-year fixed-rate mortgage also fell 11 basis points, to 4.34 percent. The benchmark 5/1 adjustable-rate mortgage fell 13 basis points, to 4.14 percent.
Bankrate's weekly mortgage survey began in September 1985 (when rates averaged 12.31 percent). The benchmark 30-year fixed had never been below 5 percent until now. Previously, the record low had been exactly 5 percent, last Nov. 24.
By Holden Lewis • Bankrate.com
Mortgage rates fell this week to the lowest level in generations.
The benchmark 30-year fixed-rate mortgage fell 11 basis points this week, to 4.96 percent, according to the Bankrate.com national survey of large lenders. That's the lowest it has been in the nearly 25-year history of Bankrate's survey. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.5 discount and origination points. One year ago, the mortgage index was 5.24 percent; four weeks ago, it was 5.22 percent.
The benchmark 15-year fixed-rate mortgage also fell 11 basis points, to 4.34 percent. The benchmark 5/1 adjustable-rate mortgage fell 13 basis points, to 4.14 percent.
Bankrate's weekly mortgage survey began in September 1985 (when rates averaged 12.31 percent). The benchmark 30-year fixed had never been below 5 percent until now. Previously, the record low had been exactly 5 percent, last Nov. 24.
Thursday, May 13, 2010
103 Banks Court - Over 120 feet over water frontage!
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