Doug Francis Real Estate Blog in Vienna and McLean, Fairfax and Arlington with a little humor too. Easy MLS Listing Search too.
Last week I attended a conference at George Mason University where a number of economists discussed many real estate related topics. One panelist, Dr. Frank Nothaft who is the Chief Economist of Freddie Mac, commented how mortgage rates are at almost 50 year lows and are probably going to remain low for the next 6-12 [...]
What the heck is an Option-ARM and why do they get headlines? In the Option-ARM mortgage, the borrower can decide how much she will pay each month. For example, the true Principal and Interest payment is $1,500 per month but the borrower decides to pay only $1,300 per month. That extra $200 per month then [...]
Saving money is always why people want to start the hassle of refinancing. And with today’s fixed rates still around 5%, I get calls and e-mails from past clients with questions about their options all the time. It is nice to be considered their go-to guy when it comes to real estate questions, and now [...]
My e-mail is doug@dougfrancis.com or call me at 703-304-6827 to discuss the real estate biz. Cheers! (Yes, you should hire me) [Read More …]
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