Mortgage rates hit record lows: Freddie Mac

By Julie Haviv

NEW YORK (Reuters) – U.S. mortgage rates fell in the past week to the latest in a series of record lows amid concerns about the state of the U.S. economy, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.

Rock-bottom rates should continue to spur demand for home loan refinancing, putting extra cash into consumers’ hands that they can save, use to pay off existing debt or funnel into the economy through extra spending.

Interest rates on U.S. 30-year fixed-rate mortgages, the most widely used loan, averaged 4.42 percent for the week ended August 19, down from the previous week’s 4.44 percent and its year-ago level of 5.12 percent, according to the survey.

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Dreambuilder Custom Homes becomes sponsor of Tailgate event, benefiting the Cystic Fibrosis Foundation

Dreambuilder Custom Homes is very proud to announce its sponsorship of the Southern Oak Insurance Company Tailgate:  Kick-off to a Cure, benefiting the Cystic Fibrosis Foundation.  Dreambuilder is a Game Day Sponsor of the September 19th event.

Supporting the Cystic Fibrosis Foundation is important to the Dreambuilder family:  president Shawn Starr’s 10-year-old niece, Courtney, suffers from the disease, along with about 30,000 others in the United States, most of whom are children. 

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Dreambuilder Custom Homes establishes financing referrals

Dreambuilder Custom Homes is pleased to announce that it is able to refer its custom home building, renovation and remodeling clients to reputable contacts for financing.  These companies offer construction-permanent loans, which is the typical product for the custom home client.  With this product, clients make interest-only payments during construction, and only on what has been spent on…

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In the future, houses will look more like a home

— During these economic times, new housing design has adaped to the conditions by becoming smaller and with more thoughtful decisions by architects, builders and consumers about what goes into the home so that the best value is achieved.  Fortunately, Dreambuilder Custom Homes, a custom home designer and builder in Jacksonville, can help you imagine and create a home of any size, with just the amenities you want.  A custom home does not have to mean a large, million-dollar mansion.  It can mean 2,000 square feet of beautiful, livable, optimized space with the luxury touches you want, so you can live the life you’ve dreamed of.  To learn more about the affordability of our custom homes, click here.  We can also connect you with information on financing your dream. 

JACKSONVILLE, Fla. – July 28, 2010 – The house of the near future could look more like, well, a home.

After the economic recession and collapse of the housing market, “smaller, better, smarter” may win out over grand, oversize showpieces, said Jacksonville architect Michael Dunlap. “That’s what I think they’ll be.”

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Mortgage rates hit low of 4.54 percent

NEW YORK – Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans. Freddie Mac says the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week. That’s…

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