Home sales and prices were up in the first half of the year in most Dallas-area residential districts. The big question is: Will it last? Some real estate agents who pound the streets representing buyers and sellers say business is still pretty good – even without the federal tax credits that fueled so much homebuying earlier this year.
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This week, the average U.S. fixed rate for a 30-year mortgage jumped to 3.69%. That’s still more than a percentage point lower than the 4.85% of the year-earlier week.
Embrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.