The Charlotte Symphony Orchestra will perform from 8 - 9:45 PM 6/26/2009 at the Pineville Park Lake near the Belle Johnston Center follow the signs. Bring your blanket, chairs and enjoy the great music outdoors ! Pineville NC is a great place to settle down it is a small community with lots to do for the whole family ! Every year they have a fall festival the third weekend in October. There are lots of rides and games for the whole family. If you enjoy art, why not join the art contest, also lots of crafts and vender tents. My favorite thing to do there is listening to all of the great music, while enjoying the great food and atmosphere, which includes a firework display.
click link for more events in Pineville NC
http://ping.fm/FWEPk
Click link for homes in South Charlotte
http://ping.fm/pyL8Y
Friday, June 26, 2009
Free event in Pineville NC
The Charlotte Symphony Orchestra will perform from 8 - 9:45 PM 6/26/2009 at the Pineville Park Lake near the Belle Johnston Center follow the signs. Bring your blanket, chairs and enjoy the great music outdoors ! Pineville NC is a great place to settle down it is a small community with lots to do for the whole family ! Every year they have a fall festival the third weekend in October. There are lots of rides and games for the whole family. If you enjoy art, why not join the art contest, also lots of crafts and vender tents. My favorite thing to do there is listening to all of the great music, while enjoying the great food and atmosphere, which includes a firework display.
click link for more events in Pineville NC
http://www.pinevillenc.net/calendar.html
Click link for homes in South Charlotte
http://idx.pinevillehomes.com/idx/southcharlotte/results.html
click link for more events in Pineville NC
http://www.pinevillenc.net/calendar.html
Click link for homes in South Charlotte
http://idx.pinevillehomes.com/idx/southcharlotte/results.html
Monday, June 15, 2009
Washington Report: Housing Tax Credit
by Kenneth R. Harney
A campaign to extend and expand the housing tax credit officially got underway on Capitol Hill last week.
Bills have now been introduced in both the Senate and the House to open up the credit, to all buyers, keep it on the books through next year, and get rid of the current income limitations.
Call or email if I can help you purchase a home. Why wait ! 704-889-7653 or JudyOsborne@pinevilledsl.net
by Kenneth R. Harney
A campaign to extend and expand the housing tax credit officially got underway on Capitol Hill last week.
Bills have now been introduced in both the Senate and the House to open up the credit, to all buyers, keep it on the books through next year, and get rid of the current income limitations.
Call or email if I can help you purchase a home. Why wait ! 704-889-7653 or JudyOsborne@pinevilledsl.net
Monday, June 1, 2009
Rates Moving Up
When you are buying a home in the Ballantyne or Fort Mill area of Charlotte, you need to have a good lender. Bill McConnell has something to say about the market rates this week.
Was it I who just last week was tooting my horn about how stable mortgage rates have been? Ha! What do I know! Mortgage rates spent 10 wonderful weeks swimming in the warm waters of 4 - 5%. If you were smart, you put on your bandana and stole one of those rates. Maybe you refinanced your primary home and saved a few hundred a month. On the other hand, maybe you took advantage of a great rate and short sale to get that beach house you have always wanted. You look extra-smart today. Give yourself a gold star.
Those who missed the boat by waiting for rates to fall even lower got a rude awakening on Wednesday or Black Wednesday, as it’s been dubbed. Rates took a hard turn for the worse that day as the market reacted to the nation’s growing budget deficit and enormous Treasury issuance. There is a real fear the Fed’s policies are inflationary. This created a run-up that ultimately handed us the worst rates seen so far this year. Today the market’s trying to rebound, but it may establish a new (higher) range before things settle down. The 30-yr. Fixed opened at 5.125% this morning for the best-qualified borrowers.
It will be interesting to see what effect the bad press has on the housing market. I expect the market for refit has to cool a bit, but first time homebuyers should continue to snap up foreclosures and short sales. As the week progresses, shoot me a note and let me know what you are seeing. In the meantime, to quote Tom Hanks in Castaway, “I gotta keep breathing. Because tomorrow the sun will rise…and who knows what the tide could bring.”
Have a great week, and call or email me if I can help you.
Bill McConnell
Mortgage Consultant
(704) 906-0566
billm@cunninghammortgage.com
Was it I who just last week was tooting my horn about how stable mortgage rates have been? Ha! What do I know! Mortgage rates spent 10 wonderful weeks swimming in the warm waters of 4 - 5%. If you were smart, you put on your bandana and stole one of those rates. Maybe you refinanced your primary home and saved a few hundred a month. On the other hand, maybe you took advantage of a great rate and short sale to get that beach house you have always wanted. You look extra-smart today. Give yourself a gold star.
Those who missed the boat by waiting for rates to fall even lower got a rude awakening on Wednesday or Black Wednesday, as it’s been dubbed. Rates took a hard turn for the worse that day as the market reacted to the nation’s growing budget deficit and enormous Treasury issuance. There is a real fear the Fed’s policies are inflationary. This created a run-up that ultimately handed us the worst rates seen so far this year. Today the market’s trying to rebound, but it may establish a new (higher) range before things settle down. The 30-yr. Fixed opened at 5.125% this morning for the best-qualified borrowers.
It will be interesting to see what effect the bad press has on the housing market. I expect the market for refit has to cool a bit, but first time homebuyers should continue to snap up foreclosures and short sales. As the week progresses, shoot me a note and let me know what you are seeing. In the meantime, to quote Tom Hanks in Castaway, “I gotta keep breathing. Because tomorrow the sun will rise…and who knows what the tide could bring.”
Have a great week, and call or email me if I can help you.
Bill McConnell
Mortgage Consultant
(704) 906-0566
billm@cunninghammortgage.com
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