Lexington KY Real Estate Blog

Fun in Lexington

Slide The City Coming To Lexington

By , Published Jan 22, 2015 - Tagged in Summertime FunThings To Do

The gigantic 1,000 foot slip-and-slide is said to be coming to the streets of Lexington! While dates and location are still TBD, Lexington has been added to the expected locations of Slide the City- a summer event you definitely won't want to miss.

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FHA Mortgage Insurance

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.

RATE NEWS SUMMARY

From Freddie Mac’s weekly survey: The 30-year fixed rate dropped nicely, again, to 3.63 percent from last week’s 3.66 percent. The 15-year fixed dropped to 2.93 percent from last week’s 2.98 percent.

The Mortgage Bankers Association reports a 14 percent increase in loan applications from the previous week with a 57 percent spike in Federal Housing Administration refinance volume contributing.

BOTTOM LINE: A year ago, 30-year fixed mortgage rates averaged 4.39 percent. Assuming a borrower gets the typical 30-year conforming fixed rate on a $417,000 loan, last year’s of $2,085 was $183 more than this week’s payment of $1,902.

WHAT I SEE: From rate sheets hitting my desk that are not part of Freddie Mac’s survey: Locally, FHA buyers and refinancers can...

Plumber in Lexington

Looking for an awesome plumber in the Lexington/Nicholasville area?  Tim's Plumbing is who I've used for years and have referred to many many clients.  Tim's contact number is 859-533-1294.

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Flip or Hold 2015

Your Best Real Estate Move: Flip or Hold in 2015?

Flip or HoldAlamyHome sales are projected to increase next year, which could work to the advantage of investors.

By Joel Cone

So which strategies are best for real estate investors next year?

The Big Picture for 2015

Looking at the nation's housing and economic indicators, there is plenty of positive news to justify continued investor optimism in 2015. Home sales –- both existing and new -- are projected to increase next year, which is welcome news for fix-and-flip investors.

At the 2014...