Saturday, January 29, 2011
From today's Washington Post Real Estate Section. 'After years of virtual exile from the home-loan arena, is the adjustable-rate mortgage staging a quiet comeback? Could an ARM be on your shopping list the next time you need to buy or refinance a house? A new survey of 112 lenders by mortgage giant Freddie Mac found that ARMs are starting to attract applicants again. In the jumbo and super-jumbo segments where the benefits of an ARM really shine, the share of buyers will be even larger, said Freddie Mac chief economist Frank Nothaft.' 'The boom-era models of the ARM have pretty much disappeared, the most popular ARM in the market today, according to the Freddie Mac survey, is the 5-1 ARM'
The monthly savings on Jumbo and Super Jumbo loans could range from $500 per month to $1800 per month.
Read More: http://www.washingtonpost.com/wp-dyn/content/article/2011/01/28/AR2011012803129.html
Wednesday, January 26, 2011
Tuesday, January 25, 2011
From the Washington Business Journal: 'Washington-area real estate agents were busy in January, with pending sales of existing homes in the region up 31 percent from a year ago.
Thursday, January 20, 2011
Saturday, January 15, 2011
Cabin John is featured in today's Washington Post. 'Sear's Catalogue homes', 'Normal Rockwell', 'Huck Finn' and 'This isn't Avenel' are our favorite quotes from the article. Shown above: 'ladies who lunch' at the Market Deli adjacent Cabin John Crossing and one of the many Sear's Catalogue homes in the neighborhood. Read More: