The Rolett Realty Team

Volatility in Stock and Bond markets could result in lower mortgage rates  (Draft) (edit/delete) Recent economic reports have been mixed with home sale data showing a drop of 3.5 percent in July which reflects the lowest level in 2011.  However, 30 year mortgage rates fall to the lowest on record...

Recent economic reports have been mixed with home sale data showing a drop of 3.5 percent in July which reflects the lowest level in 2011.  However, 30 year mortgage rates fall to the lowest on record.  With the bond market hitting new record lows in yields and the stock market falling on europea...

The Arkansas August 2010 Home Sales Data by County show growth is near zero on a year to date basis but this is contrasted with double digit weakness for the last few months.   The month of August 2010 compared to August 2009 shows a 14.7% drop in residential units sold.  This compares to a year ...

Daily Real Estate News  |  September 2, 2010  |   Share July Pending Home Sales Show Rise Following a sharp drop in the months immediate after expiration of the home buyer tax credit, pending home sales have modestly risen, the NATIONAL ASSOCIATION OF REALTORS® says. The Pending Home Sales Index,...

In the midst of weak housing and other economic data, the Standard & Poor's/Case-Shiller 20-city home price index posted a 1.0% increase in June from May and was up 4.20% from one year ago.  Out of 20 cities, 17 showed gains and 3 showed declines.  Home prices nationally were up 4.40% percent in ...

With funding for a key rural housing program exhausted, Congress last week moved legislation forward to ensure that home buyers in rural areas have continued access to affordable mortgages through the U.S. Department of Agriculture (USDA) 502 loan guarantee program. Last night, Congress finally p...

New Home Sales were up 23.6% in June.  The increase boosted the adjusted annual sales pace to 330,000 according to the Commerce Department.  However, May's number was revised downward to a rate of 267,000.  This was the slowest pace on record dating back to 1963.  Hopefully, June's numbers will s...

Weekly Update to Federal Political Coordinators Flood Insurance On July 15, the House passed HR 5114, The Flood Insurance Reform Priorities Act of 2010, by a vote of 329-90.  This legislation includes an extension of the National Flood Insurance Program (NFIP) through September 30, 2015.  This is...

What's needed for a mortgage to be approved is important and should be easily accessible to each family if you maintain the proper records.  Keep these items in mind as you move through the decision process to purchase a new home.  These items can be broken down between non-financial items and fi...