Road to Real Estate

Charlotte and Lake Norman Real Estate Blog - Chad Huck, CENTURY 21 Hecht Realty

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New Home Loan Limits

March 6th, 2008 · No Comments

The office of Housing and Urban Development (HUD) has just released the guidelines and home loan limits for FHA, Fannie Mae and Freddie Mac. 
Visit HUD’s website to find the limit for the Charlotte (Mecklenburg County), Lake Norman area (Mecklenburg, Iredell, Lincoln, or Catawba Counties) or your own area.  Just select your state and county, then [...]

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Tags: Uncategorized

Feds cut short term interest rate again

January 22nd, 2008 · 1 Comment

As you probably have heard by now, the Federal Government lowered its target for the federal funds rate to 3.5 percent in an attempt to prevent a market meltdown and recession. This is the first time the Feds have cut rates between their meetings since just after 9/11.
The rate cut is certainly [...]

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Tags: Learning about Real Estate · Money and Mortgages