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Blue Ridge Properties has compiled this list of tips to help with all of your real estate needs from staging and styling to sell your home fast to ensuring you get the best deal as a home buyer:

Fixed-Rate Mortgages Preferred

Fixed-rate loans accounted for more than 95 percent of all refinance loans in the fourth quarter, regardless of whether the original loan was an adjustable-rate mortgage (ARM) or a fixed-rate, according to a report by Freddie Mac. Nearly two-thirds of borrowers who had a hybrid ARM (58 percent) chose a fixed-rate loan during the fourth quarter, while the remaining 42 percent refinanced into a similar type of product.
An increasing number of refinancing borrowers chose to shorten their loan terms. Of those who paid off a 30 year fixed-rate loan, 43 percent chose a 15 year or 20 year loan, the highest such share since the first quarter of 2003. The strong refinance activity is attributed to continuing low interest rates on fixed-rate mortgages, which averaged 4 percent for 30 year loans and 3.3 percent for 15 years during the fourth quarter, according to Freddie Mac's Primary Mortgage Market Survey.

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321 Broad St


4610 Fort Henry Dr


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