Village of Cross Keys MovieFest Saturdays 2011
Jun 11, 2011 Real Estate Advice Leave a comment | Tags: Cross Keys, Keys
The Village of Cross Keys is having movies playing each Saturday in June with the theme this year of Academy Awards winners!
June 4 is Shakespeare in Love, June 11 — The Blind Side, June 18- The King’s Speech, and June 25 – Slumdog Millionaire.
The movies will be shown in the Village Square. Bring your own lawn chairs or blankets, site back, relax, and enjoy Cross Keys MovieFest!
The Village of Cross Keys is located at 5100 Falls Road, Baltimore, Maryland 21210.
Tough mortgage criteria must remain says thinktank
May 29, 2011 Mortgage Information Leave a comment | Tags: Thinktank, Tough Mortgage
Banks should keep their tough mortgage lending criteria in place to help prevent another house price bubble building up in the future, a thinktank said today.
Mortgages should be capped at 90% of a property’s value, while people should also be prevented from borrowing more than 3.5 times their income, according to the Institute for Public Policy Research (IPPR).
The group said the UK had had four housing bubbles in the past 40 years, with these causing widespread damage to the economy.
It blamed the most recent house price boom, which saw property values treble between 1996 and 2006, on loose mortgage lending, pointing out that before the credit crunch the UK had the highest average loan-to-value ratio out of all OECD countries, apart from the Netherlands.
A useful trick to track mortgage interest rates
May 29, 2011 Real Estate Consultant Leave a comment | Tags: Interest Rates, Mortgage Interest, Mortgage Interest Rates, Rates
If you are tracking mortgage interest rates here is a useful trick that could help. It is not widely known among the public, but mortgage interest rates tend to track to the yield on the 10-year treasury note. When the yield on the 10-year T-Note goes up mortgage interest rates tend to go up, and vice versa. So if you are wondering about mortgage interest rate trends a quick and easy way to gauge things is to look at the trends on the 10-year treasury notes. See here for an example of the last three months of that 10-year T-Note. Mortgage interest rates on 30 year fixed loans tend to be between 1.5% and 2.25% higher than the yield on this 10-year note. (Although that can vary depending on other market factors).
Things to do this Memorial Day Weekend
May 28, 2011 Real Estate Advice Leave a comment | Tags: Day Weekend, Weekend
Southeastern NC is a hub for tourists and beach lovers during the three day holiday weekend that marks the start of summer. What better way to spend the weekend than relaxing on the beach, perusing the local shops or visiting the aquarium in Fort Fisher. Check out our list below of some of our favorite things to do for Memorial Day Weekend…
1. Battleship 46th Memorial Day Observance- 5:45-6:15 p.m. Monday at Battleship North Carolina, One Battleship Road N.E., Wilmington. Event includes a military guest speaker, an all-service Color Guard, a 21-gun salute by a Marine Corps Honor Guard, a military band, Taps, and a commemorative memorial wreath. A Field of Honor will stand in Battleship Park with 400 American Flags as tribute to the men and women who served. F