According to the National Association of Realtors, the housing market has been heating up in the past few weeks. Growing demand and a tight supply have been driving prices higher. But in February there were significantly more homes for sale than a year ago. Based on the ratio of listing views to the number of listings, Waco, Texas made the top of the list while Carlsbad, California came in at 17th. Meanwhile conforming no point 30 year fixed mortgage rates average 3 7/8ths with 15 year rates closer to 3 1/4%. And now for something completely different… Did you know that the most expensive bottled water in the world costs $60,000 for a 70ml bottle? The water itself contains 5mg of gold dust and the bottle is made of 24k gold.
For more information on a home purchase, refinance, or a reverse mortgage, visit our website at Aramco.Biz or call me at (877) 700-0942. This is Mehran Aram with today's ARAMCO Report.