Raleigh
Home Mortgage Loans
Get The Lowest Interest Rate On
Raleigh Home Mortgage Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best Raleigh home mortgage solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Raleigh Home Mortgage Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a
Raleigh home mortgage lender, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT
Raleigh Home Mortgage.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for Raleigh home
mortgages.
Raleigh North Carolina
Overview & Statistics
Raleigh Overview
As of 2007, Raleigh's population is 356,321 people. Since 2000, it has had a population growth of 29.06 percent.
The median home cost in Raleigh is $360,000. Home appreciation the last year has been -11.65 percent.
Compared to the rest of the country, Raleigh's cost of living is 5.76% Higher than the U.S. average.
Raleigh public schools spend $4,884 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Raleigh.
The unemployment rate in Raleigh is 3.30 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Raleigh jobs have Increased by 2.34 percent.
Raleigh Climate
Raleigh, NC, gets 45 inches of rain per year. The US average is 37. Snowfall is 5 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 103.
On average, there are 213 sunny days per year in Raleigh, NC. The July high is around 89 degrees. The January low is 32. Our comfort index, which is based on humidity during the hot months, is a 36 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Raleigh Housing
The median home value in Raleigh, NC, is $360,000. Home appreciation is -1.65% over the last year. The median age of Raleigh, NC, real estate is 21 years.
Raleigh, NC Apartments and Rentals
Renters make up 44.32% of the Raleigh, NC, population. 6.62% of houses and apartments in Raleigh, NC, are unoccupied (vacancy rate).
Raleigh Crime
Raleigh, NC, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Raleigh, NC, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Raleigh Home Mortgage
Loan Resources
Listed below are a variety of resources
relating to Raleigh home mortgage loans:
www.raleigh-nc.org
North Carolina First Time Home Buyer
Grants
North Carolina First Time Home Buyer
Programs
Raleigh Real Estate Agents
North Carolina Home Mortgage
Loans
For the latest updated information, visit
Raleigh home mortgage recent news stories.
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for a
Raleigh Home Mortgage Loan.
