• Click Here to Subscribe to Email updates

  • 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
  • RSS Colonial Williamsburg News

    • 7 Ways Our Free App Will Improve Your Visit
      The official Colonial Williamsburg Explorer app just received another big upgrade, so now there are even more reasons to make sure you make it part of your visit. Our website is a great way to plan your adventure from home, but when you’re here, the app is an indispensable tool to make the most of...Read More »
    • Reflections of a Revolutionary in Residence
      “Papi, am I a princess?” “Yes, Anabella, you are. But we all are. In our country every one of us is a king or a princess,” I said, echoing the words of young Mr. Jefferson as played by Kurt Smith. She was right to ask: my family was feted like never before during my recent...Read More »
    • Join Us for the 4th of July!
      Seriously, is there a better place in America to celebrate the Fourth of July than Williamsburg? In times that incline us toward cynicism, here is a place where you can leave that behind for a little while, and renew your sense of patriotism. This Independence Day combines great traditions with some fresh twists. It’s a...Read More »
    • The Word on DoG Street: Why We Need Your Help
      The word on DoG Street is that the Colonial Williamsburg Foundation receives state and federal taxpayer support and that an increase in that support could help solve the serious financial challenges facing the Foundation. If only that were true. CWF receives $0 annual financial support from either the state or federal government. Zero. We can’t...Read More » […]
    • An Anecdotal History–and Mythology–of the Stars and Stripes
      June 14 is Flag Day, marking the day in 1777 that the Second Continental Congress adopted the stars and stripes as America’s national banner. But it takes a bit more than the dawn’s early light to make out the origins of the flag. Still, it’s worth a try. Let’s start with the stripes. In 1769 some...Read More »
  • Flickr Photos

    5524 Pennington Place

    5524 Pennington Place

    5524 Pennington Place

    More Photos

Mortgage rates inch up

Freddie Mac’s weekly survey of  fixed mortgage rates shows them moving slightly higher for the week but still remaining near historic lows. The average 30-year fixed-rate mortgage has remained below 4 percent for over a year providing support to the ongoing housing recovery.

 

  • 30-year fixed-rate mortgage (FRM) averaged 3.57 percent with an average 0.8 point for the week ending March 28, 2013, up from last week when it averaged 3.54 percent. Last year at this time, the 30-year FRM averaged 3.99 percent.
  • 15-year FRM this week averaged 2.76 percent with an average 0.7 point, up from last week when it averaged 2.72 percent. A year ago at this time, the 15-year FRM averaged 3.23 percent.
  •  

    image

    Frank Nothaft, vice president and chief economist stated: "Low and relatively steady mortgage rates are invigorating the housing market. For instance, existing home sales over January and February experienced the strongest two-month pace since November 2009, while new home sales were the strongest since August and September 2008. This strong demand helped push the S&P/Case-Shiller® 20-city home price index (seasonally adjusted) in January to its highest reading since December 2008. Moreover, the number of consumers expecting to purchase a home over the next six months rose to 5.6 percent in March, the second highest share since data was first collected in February 1964, according to The Conference Board."

    Want to explore mortgage options and  monthly payments  ? Drop me a line John@MrWilliamsburg.com and I will connect you with one of our preferred lenders pronto.

    Advertisements

    Leave a Reply

    Fill in your details below or click an icon to log in:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    %d bloggers like this: