This week in the Market Update, http://realtytimes.com/nlnews.htm?open&Vol=c&ID=sallyjostevewickham, we find that the mortgage rates are up for the third straight week. "McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.42 percent with an average 0.5 point for the week ending September 27, 2007, up from last week when it averaged 6.34 percent. Last year at this time, the 30-year FRM averaged 6.31 percent. "
On a lighter note we see that the popularity of outdoor living spaces sky-rocket. '"Outdoor living is no longer a noun. It's a verb," says Susan McCoy, president of the Garden Media Group.' Entertaining people outside is always a plus, If you have the lawn to do it in. If you are in the market for a spacious entertaining area you should check out http://teamwickham.blogspot.com/2007/09/richardson.html!
Now we move on to the more pressing matters. 10 Ways To Buy Better In A Down Market.
It basically gives you a run down on what to do to improve your odds. For example you shouldn't buy the first bargain you see, tip number seven, or how about "be aware that no one knows what the future will bring. As they say on Wall Street, past performance does not guarantee future results." tip number ten. You should really take a look at this if you plan to buy a house soon.
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