Charlotte appreciates the uniqueness of each and every one of its Dads, Papas, Daddys, Pops and Fathers! Families in the Queen City are sure to find the perfect way to celebrate their amazing dad at one of these top 10 fantastic Father’s Day destinations!
Charlotte Dads who are especially appreciative of a cold brew and bbq will enjoy:
- The VanLandingham Estate Brew’n Q Lawn Party on Sunday, June 16th. Dads and families, including the family pooch, can enjoy tasty BBQ, local brews and live music in an elegant atmosphere. The event will be held on the lawn and is a dog-friendly event! Live Music will be provided, featuring Nita B and the Swinging Soiree. Join the fun in Charlotte’s historic Plaza Midwood neighborhood!
- Baseball is, of course, enjoyed with a cold beverage and bratwurst! Enjoy Father’s Day with the Charlotte Knights! Charlot
Homeowners who are looking to refinance have a bad habit is missing record lows on interest rates. Some miss the lows out of pure bad luck. But some miss them because they misunderstand the process of refinancing a mortgage. Getting to the point where you are ready to lock an interest rate often takes weeks after estimates are sent, applications are started, disclosures are sent and signed and returned, and other documents are gathered. People who watch rates daily and decide to start an application after rates have dipped often find that they are not ready to lock their rate in until weeks later anyway. A better approach is to get the refinance process started and watch rates as the file moves through the processing and underwriting queues. That way borrowers can lock for 30 days or sometimes 15 days and get even better rates.
Last week, I reported that mortgage rates have declined to another record low. Unfortunately for the housing market, the resulting uptick in mortgage activity was dominated by refinancings, and there is little evidence that low rates are spurring new borrowers. This is confirmed by the updated S&P Case Shiller Index, which shows that while prices are still rising on average, they are rising at a slower rate than before and appreciation could soon turn negative.
Morgan Stanley may speak for everybody; “It expects 2011 home prices to fall 5% to 10% from this year with four years of flat prices after that, although ‘the risk of slight additional downside in prices, and extension of the trough to 2012, has increased.’ ” Most of the government home-buying incentives have expired and lending standards have tightened. If the
The River House is located on the Columbia River in eastern Washington. The house was designed for a young family as a weekend retreat and has a separate guest house over the garage. The home takes full advantage of the views to the river and the sage brush covered mountains. McClellan Architects also designed a lower outdoor dining room just off of the pool so that the family can enjoy the long summers.
This weekend cottage sits at the base of the Cascade foothills, opening to the banks of the Columbia River. It is home to a family of four. A guest bunkhouse and outdoor rooms define the grounds, creating a seamless relationship between inside and out.
The design program for this house emphasized its relationship to the outside and the river. The house establishes a demarcation between the desert and the river oasis.
CLEVELAND, Ohio — ByteGrid, a data center company based in northern Virginia, has purchased the Cleveland Technology Center on the east side of downtown and plans to finish empty portions of the building to offer data storage for large companies and health care users.
The property, at 1425 Rockwell Ave., is a former industrial complex that became a hub for telecommunications companies in the late 1990s. Starting with a parking lot at East 13th Street and stretching to East 17th Street along the north side of Rockwell, the unassuming building — actually a linked trio of buildings — shows few signs of its value from the outside.
Property records for the sale aren’t available yet through the Cuyahoga County Fiscal Office. And ByteGrid executives would not say what they paid.
The majority of home-buyers conduct their house-shopping before obtaining financing. After all, how can you obtain a loan for a property that you have not yet purchased?! What if I told you, however, that you could achieve a loan guarantee from a prospective lender at the beginning of the process, such that you could close on the purchase of a home immediately after selecting it?
Known as pre-approval, this guarantee represents a commitment by a specific lender to underwrite a mortgage for the potential purchase of a home. Based essentially on your credit score and a handful of other selected financial characteristics (pertaining to your assets and income), the lender will determine the maximum monthly payment you can afford to make. Prevailing interest rates are then applied to this figure in order to determine the maximum overall mortgage amount.
The advantages of pre-approval are two-fold.
NEW YORK — The Consumer Confidence Index improved for the second month in a row with a 7.2 point gain in May, the Conference Board reported today.
The index now stands at 76.2 (1985=100), up from 69.0 in April and is at a five-year high, the highest since February 2008.
The Present Situation Index increased to 66.7 from 61. The Expectations Index improved to 82.4 from 74.3 last month.
The gain marked a change to the up-and-down pattern for the year. The index rose 10 points in February and declined eight points in March before the April gain. The cutoff date for the preliminary results for this month was May 15.
“Consumers’ assessment of current business and labor-market conditions was more positive and they were considerably more upbeat about future economic and job prospects,” Lynn Franco, director of economic indicators at The Conference Board, said in a press release. “