Chris Thorpe Real Estate

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• TEXAS CITIES BEST PLACES FOR JOBS

  FORT WORTH ( Fort Worth Star-Telegram ) – For the second year in a row, Texas cities took half of the top ten spots in Newgeography.com's annual ranking of the best cities in the nation in which to find a job. Austin–Round Rock–San Read More... Posted Monday, May 03, 2010 1:48 PM by Chris Thorpe | 0 Comments Filed under: Market Conditions, Announcements, Finances, Community Information

• CONGRESS APPROVES, EXPANDS TAX CREDIT

  WASHINGTON ( Bloomberg News , Associated Press ) – The Senate and the House have approved extending the first-time homebuyer tax credit, settling on an April 30 close date and expanding it to benefit more homebuyers. The plan, which had not been Read More... Posted Tuesday, November 10, 2009 2:28 PM by Chris Thorpe | 0 Comments Filed under: Market Conditions, Announcements, Industry, Finances, Buyer Information, borrowers, credit markets

• NEW INITIATIVE SEEKS STABLE HOUSING MARKET

  WASHINGTON (U.S. Department of Housing and Urban Development) – The Obama Administration yesterday announced a new initiative for state and local housing finance agencies (HFAs). It will help support low mortgage rates and expand resources for low- Read More... Posted Thursday, October 29, 2009 5:27 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Announcements, Industry, Finances, Buyer Information, borrowers, credit markets

• 30-Year Mortgage Rates Fall Under 6%

  Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.94 percent during the week ended Oct. 9, marking the first decrease in three weeks. The 15-year fixed rate slipped to 5.63 percent from 5.78 percent the previous week. Meanwhile, the five-year Read More... Posted Sunday, October 12, 2008 9:20 PM by Chris Thorpe | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, borrowers, interest rates, payments, credit markets

• FED CUTS KEY INTEREST RATE

  WASHINGTON (federalreserve.gov, CNN) – The Federal Reserve Board’s Federal Open Market Committee cut its short-term interest rate by a half of a percentage point today to 4.75 percent. According to the committee, the tightening of credit conditions Read More... Posted Tuesday, September 18, 2007 8:34 PM by Chris Thorpe | 0 Comments Filed under: Announcements, Finances