Business & Finance

Mortgage Rates Inch Up and Hit 9-Month High: 3.09%

By Kerry Smith — Rates broke the 3% barrier two weeks ago and have increased each week since, leading Freddie Mac’s chief economist to call buyer competition “a challenging reality.” MCLEAN, Va. – The 30-year fixed-rate mortgage (FRM) averaged 3.09% this week, putting it past the psychologically noteworthy 3% mark for the second week in a row, according to Freddie…

Read More

Mortgage Rates Unchanged This Week, Hold at 2.73%

By Kerry Smith Rates for 30-year, fixed-rate mortgages hovered near record lows again this week. Freddie Mac’s chief economist encouraged lower-income homeowners to refinance. MCLEAN, Va. – Freddie Mac’s Primary Mortgage Market Survey for this week finds that the average 30-year fixed-rate mortgage (FRM) was unchanged from last week’s average 2.73%. The rate hovered near record lows through January. “Mortgage…


Financing Contingency vs. Appraisal Contingency

By Joel Maxson – If a contract includes both a financing contingency and appraisal contingency, where does one end and the other begin? There’s substantial overlap in the two contingencies, but they have very different rules. ORLANDO, Fla. – When buyers negotiate a contract that includes both a financing contingency and appraisal contingency, they sometimes have trouble understanding where one…


Mortgage Rates Drop Below 3% – Lowest in 50 Years

By Kerry Smith – The 30-year, fixed-rate mortgage averaged 2.98% this week, according to Freddie Mac – but any uptick in buyer demand will meet a shrinking inventory of for-sale homes. MCLEAN, Va. – The average 30-year mortgage rate dropped below 3% this week for the first time in at least 50 years. It averaged 2.98% this week, according to…



ARE YOU STARTING 2017 HEALTHY, WEALTHY, AND WISE?

Pausing to reflect on the financial progress you made in 2016 and identifying adjustments for 2017 can help you start the new year stronger than ever. How healthy are your finances? Think of a year-end review as an annual physical for your money. Here are some questions to ask that will help assess your financial fitness. Do you know how…


Kemp, Ruge & Green Law Group

“We Help People!” How are you handling your current situation, and what can we do to help? Your answers are where we begin. Our client focused law firm puts you at the forefront. We keep you informed every step of the way, so you can concentrate on getting yourself back together. Whether you are dealing with an auto accident, personal…


West Pasco Chamber of Commerce Means Business!

Here We Grow Again!   The continued growth in West Pasco is phenomenal.  We are seeing an increase in the number of businesses moving to the area, as well as, as positive changes and growth in the ones that are currently here. In the last 18 to 24 months we have not only seen the growth of businesses along the…