Lake Norman Real Estate and NC Homes for Sale

Learn about foreclosures, refinancing, home buying or selling tips and even get individual counseling at this Saturday's free Homeownership Opportunities & Foreclosure Prevention Expo at UNC Charlotte. 

Organized by federal officials from the U.S. Department of Housing and Development, this forum will be an opportunity for homeowners worried about foreclosures, thinking about refinancing or potential home buyers to talk to bankers and housing experts.

There will be sessions on:

• Foreclosure Prevention
• Funding for Home Repairs
• Refinancing Options
• Homeownership

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Every once in a while I ask one of my local Mooresville, greater Lake Norman area Mortgage Brokers to write a brief overveiw of our current home loan programs and how the national financial markets affect our Lake Norman market.  Below is an update by John Nolo who is located right here in Mooresville:

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I admit it.  I am a bit of a news junkie.  So, you can imagine that with all that is going on around the world, the elections, the US economy and our local drought, I have been on overload.  But, today ranks up near the top as far as the "perfect storm" of real estate related news.

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Wow, so where do I begin to discuss all of the various components that make up our current real estate market in the greater Lake Norman area?  Between the national economy, sub-prime mortgage meltdown, the ever-changing home loan programs and our own housing sales there truly is a lot that must be considered when analzying our current Lake Norman housing market.

Let's start big picture and move to local news. 

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Lake Norman Real Estate Mortgage Update:  January 11, 2008 

As potential Mooresville and Lake Norman home buyers and home sellers I know how important and difficult it must be to fully understand today's complicated mortgage market.  Rates have been going down all this week; there were Fed speeches and I just heard that our own Charlotte-based Bank of America will be buying Countrywide.  I decided it would be best to provide you with some insider insight in to the ever-changing mortgage market and how it will affect your Lake Norman home buying or selling process.

It is my pleasure to introduce you all to Matthew Rosov, CMPS of Envision Lending Group.  I have been reading his daily updates about the housing market and mortgage rates for quite some time. He is brief and to the point and has earned great respect within the real estate community:   

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