Rate on 30-year mortgage falls to lowest on record

Source: Associated Press/AP Online
Publication date: August 18, 2011

By DANIEL WAGNERWASHINGTON – The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971.

The rate on the most popular mortgage dipped to 4.15 percent from 4.32 percent a week ago, Freddie Mac said Thursday. Its previous low of 4.17 percent was reached in November.

The last time long-term rates were lower was in the 1950s, when 30-year loans weren’t widely available. Most long-term home loans lasted 20 or 25 years.

Read more

Dreambuilder announces the completion of Dreambuilder Four, a custom home on Doctor’s Lake

Dreambuilder Custom Homes is thrilled to announce the completion of Dreambuilder Four, a custom home built on a scenic riverfront lot on Doctor’s Lake in Orange Park, FL.

Designed at 3290 square feet, the final product covered 4230 square feet of conditioned space as 940 square feet of bonus area was finished out.  The five bedroom, three and one-half bath home includes a three car garage, media room, dramatic staircase and river views from several rooms.

Read more

Dreambuilder announces completion of Dreambuilder Fourteen: a master shower remodel

Dreambuilder Custom Homes is pleased to announce the completion of Dreambuilder Fourteen:  a master shower remodel for the McElyea family in Orange Park, FL.

This Eagle Harbour family had a large but dated master shower that needed style – but more importantly, they needed a place to easily care for their special-needs child.  The current shower, with a raised curb and 2’ wide door, prevented wheelchair access.  As a result, the McElyeas bathed their daughter in the bathtub, which was becoming more difficult as she grew.

Read more

Rate on 15-year mortgage falls to decades low

Source: Associated Press/AP Online Publication date: August 4, 2011 By DANIEL WAGNERWASHINGTON – The average rate on a 15-year fixed mortgage has fallen to its lowest level in decades. The rate for the popular refinancing option dropped to 3.54 percent this week from 3.66 percent last week, Freddie Mac said Thursday. That’s lowest result since…

Read more