Luke Sparks Lake City and Gainesville Real Estate

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  • Existing Home Sales Rise In February

    Existing Home Sales Rise In FebruaryWASHINGTON, March 24, 2008 -  Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association of Realtors®.  Existing-home sales - including single-family, townhomes, condominiums and co-ops - rose 2.9 percent to a seasonally ...
    Posted to Luke Sparks (Weblog) by 507594 on March 27, 2008
  • Mortgage Rates Near 6 Month Lows. Buyers It's Time To Buy!!

    McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.26 percent with an average 0.4 point for the week ending November 1, 2007, down from last week when it averaged 6.33 percent. Last year at this time, the 30-year FRM averaged 6.31 ...
    Posted to Luke Sparks (Weblog) by 507594 on November 2, 2007
  • Consumers Remain Confused About Mortgages

    Consumers Remain Confused About Mortgages by Broderick Perkins Consumers are confused, concerned and craving more regulatory protection when it comes to home loans. Nearly half of mortgage consumers who hold adjustable rate mortgages (ARMs) aren't very informed about their mortgage terms, 40 percent of high-income borrowers say the next ...
    Posted to Luke Sparks (Weblog) by 507594 on October 17, 2007