mortgage rates – Mr. Lake Front | We Are Maine's Lake Specialists

January 16, 2009

Maine Lakefront Real Estate – Mortgage Rates at Historic Lows

This mortgage news came into my email box yesterday: CHICAGO (MarketWatch) — The benchmark 30-year mortgage fell below 5% for the first time ever in Freddie Mac’s weekly rate survey as economic weakness continued to push interest rates lower, the mortgage agency said Thursday. The article went […]

January 9, 2009

Maine Waterfront Property – Dropping Rates, Rising Opportunities

Falling mortgage rates provide a reason for hope in a pokey, off-season Maine lakefront property market. As activity levels decline, so will prices, while strong inventories continue to offer lots to look at. Given the low mortgage rates, this combination of factors sets up a good […]

December 12, 2008

Maine Waterfront Property – Whistling Through the Graveyard?

Everywhere we turn, it seems, the media dishes out the doom and gloom. The predominant feeling in most any market right now is fear. But there is some good news out there if you care to hear it. How about this? The rate for a 30 […]