I launched Stowe Patrol in late 2008 after leaving Spruce Peak at Stowe Mountain Resort as its Marketing Manager. Stowe Patrol's mission was, and still is, to blog about everything Stowe from 3 different perspectives: first, and as the name suggests, as my now eleven years as a ski patroller at the Resort; second, as a local-area resident; and, third, as a Stowe-based Realtor®. I'd be glad to have you as a reader and visitor, and I welcome your comments.
by Brian Louis, Bloomberg, March 19, 2009
March 19 (Bloomberg) -- U.S. mortgage rates may fall to the lowest since World War II on the Federal Reserve's plan to buy up to $300 billion of Treasuries and increase purchases of mortgage-backed bonds.
Rates for 30-year fixed home loans dropped to 4.98 percent this week, Freddie Mac said today. They may reach 4.5 percent as the Fed's purchases progress, said Mike Larson, real estate analyst at Weiss Research in Jupiter, Florida.
In 1945, the average mortgage rate was 4.7 percent, Larson said, citing the book, –A History of Interest Rates,– published by Rutgers University Press. Read the complete article here.
Charlie Aronovici | Coldwell Banker Carlson Real Estate | 802.730.4343
I built experiencestowe.com to help my real-estate clients find their perfect primary or vacation homes, condominiums, and land in Lamoille County, (Stowe, Hyde Park, Hyde Park Village, Morristown, Morrisville, Johnson, Elmore, Eden, Cambridge, Jeffersonville, Waterville, Belvidere, and Wolcott; and, Waterbury in Washington County) and all of northern Vermont.