lake norman real estate

New Record Low for Mortgage Rates

Long-term mortgage rates fell to record lows for the second consecutive week on the Federal Reserve's mortgage securities purchases and signs of a weakening economy, the Washington Business Journal reports.

Buying a Lake Norman Waterfront Home Today vs Five Years Ago

It is still a great time to invest in a Lake Norman waterfront home or waterfront condo. If you are in the market for a Lake Norman waterfront home I would like to show you what you would get for your $ now vs 5 years ago when the market was near its highest level and when interest rates were over 6.5% (a 1% change in interest rates = 10.75% purchasing power change - so in 2012 you can afford almost 25% more home than you could in 2007!).

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