Questions about Huntsville?

If you have any questions about Huntsville, just let me know and I will be happy to post your question and answer on my blog. Don't forget to check out http://gohsv.com/ for info on Huntsville. You can email me direct at mike@gohsv.com. Thank you for visiting my blog. Have a great day.

Huntsville in the Top 10

Huntsville is on the rise. Forbes and Moody's economy.com projections for the fastest growing metro economy in the United States through 2012, has Huntsville as #4 in the nation in the Small metro area category. They estimate our growth to be 26.36%. That is actually 5th best in the entire nation, out of the Larger and Smaller metro areas.

Updated Rates

The rate as of today has dropped to 5% for a 30 year fixed mortgage. That is an amazing rate. Just a few months ago the rate was hovering around 6.25%. The difference on a monthly payment financing $200,000 is $157.79 / mo. The principal and interest payment on that home at 6.25% is $1,231.43 and at 5% is $1,073.64. You are saving over $150.00 of interest every month. This is a great time to buy a home. Just call me @ (256) 653-1165 or email me @ mike@gohsv.com to start your search. Thanks for visiting my blog and have a great day.

Current Rates

The rates have been steadily declining for the past few months. Currently they are right around 5.5%, which makes it a great time to buy a home. Of course that rate is for a 30 year fixed mortgage, the only kind I advise my clients to get. If you have any questions, just let me know at mike@gohsv.com.

Freeze on Subprime ARMs

Great news for sub prime mortgages. President Bust has put together an agreement to freeze interest rates for up to five years on certain sub prime adjustable rate mortgages. This is just a temporary fix, but it will help people keep their homes and not let them go into foreclosure. During the freeze, they should be refinancing to a fixed mortgage. Even if they cannot get a 30 year fixed mortgage at a rate they like, they will have the time to improve their credit rating, pay off debt, or do whatever they need to do to improve their standing.

Interest Rates

The rates for a 30 year fixed mortgage has been declining lately, which is great news if you are looking to buy a home. The rate is currently at 5.75%. It has been hovering between 6% and 6.25% over the past few months. If you have any questions, please do not hesitate to email me at mike@gohsv.com.

New Blog

Thank you for visiting GoHsv.com and my Real Estate blog. If you have any questions or have a topic for a future blog, email me at mike@gohsv.com.

I will be changing the format of my blog. Instead of having a monthly blog with a lot of content, I will be posting a lot more often with shorter blogs. By changing formats, I will be able to bring much more information to you quicker. Let me know if you have any questions on Real Estate or any other questions about Huntsville.

Stay tuned for my first updated blog. Please subscribe to my Blog to have it emailed to you as soon as it posts. Thank you and have a great day.