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  • psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813
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      Cancer treatments of the 18th century share much in common with today’s options: surgery to remove tumors, ingestion of systemic poisons to destroy cancer cells, and palliative care when all other options have been exhausted. Listen to this week’s podcast as Medical Historian Sharon Cotner describes the science and the outcomes surrounding this plaugue both […]
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      By Bill Sullivan Many Americans believe strongly in the idea that this is a Christian nation. Surely the vast majority of citizens in the founding generations identified with one denomination or another. Citing those origins is one way to emphasize the idea of a particular kind of unity, a unity, perhaps, that we might like to ... Continue Reading »
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      The Silverbell trees, known to the botanists as Halesia tetraptera, are now in bloom. This small native tree was first collected in the summer of 1755 by the eminent Scottish physician and naturalist Alexander Garden who Linnaeus has memorialized in the genus name of Gardenia. He lived for many years in the city of ... Continue Reading »
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      How should government protect liberty of conscience? Should the state promote fundamental values, even if those values might seem to promote religion? In this imagined conversation at Christiana Campbell’s Tavern, Baptist preacher Gowan Pamphlet and five-term Virginia governor Patrick Henry wrestle with these questions. It’s well known that the first amendme […]
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Mortgage Rates Inching Upward

30-Year Fixed-Rate Mortgage Averages 4.08 Percent

Freddie Mac reported that  mortgage rates continued to follow bond yields higher amid improving economic data. The average 30-fixed rate mortgage averaged 4.08 percent for the week clearing the 4 percent barrier for the first time since October 27, 2011, when it averaged 4.10 percent.

15-year fixed rate mortgages this week averaged 3.30 percent with an average 0.8 point, up from last week when it averaged 3.16 percent. A year ago at this time, the 15-year FRM averaged 4.04 percent. 

According to Frank Nothaft, vice president and chief economist, Freddie Mac: "Mortgage rates are catching up with increases in U.S. Treasury bond yields placing the average 30-year fixed mortgage rate above 4 percent for the first time since the end of October 2011. Bond yields rose over the past two weeks in part due to an improving assessment of the state of the economy by the Federal Reserve, better than expected results of commercial bank stress tests and the likelihood of a second bailout for Greece. Meanwhile, consumers continued to reduce their debt burdens in the fourth quarter of 2011. For instance, homeowners reduced their financial obligations ratio (debt payments as a share of disposable income) to the lowest point since the second quarter of 1994."

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