Wilmington Real Estate

Topsail Beach, Wrightsville Beach, Carolina Beach, & Kure Beach…

A large selection of Wilmington homes are for sale in these beach communities.  The Los Angeles Time (7/10/09) reported that mortgage rates dropped this week.  Interest on 30-year fixed mortgages, 15-year fixed loans, five-year adjustable-rate mortgages, and one-year ARMs all fell this week, according to Freddie Mac.

• The average on 30-year financing slipped to 5.2 percent from 5.32 percent a week ago.
• The 15-year mortgage declined to 4.69 percent, down from 4.77 percent.
• Five-year ARMs were down to 4.82 percent from 4.88 percent.
• One-year ARMs fell to 4.82 percent from 4.94 percent.

What do all these numbers and percents mean?  How can the $8,000 tax buyer credit help you?  As an experienced Wilmington real esate agent, I am able to help home buyers interpret information so that informed decisions can be made.  Please call me, Gary, at (910) 620.8838 so we can get you into your deam home on the beach.  I look forward to working with you.