Thought for today:
You are here for a purpose. There is not a duplicate of you in the whole wide world; there never has been, there never will be. You were brought here now to fill a certain need. Take time to consider what it might be. -Lou Austin
Could Rising Mortgage Rates Spur Housing Rush?
Mortgage rates have been rising ever since Nov. 2010, when lows of 4.42 percent were reported. Bankrate.com recently reported a rise to 5.02 percent in 30-year fixed rate loans, which is the second time in three weeks rates have crossed the 5 percent mark. And with many experts signaling the end to the 4 percent mortgage rate era, some industry insiders predict the rise in mortgage rates may stimulate a sluggish housing market, creating urgency for potential buyers.
I personally had banks raising the interest rate this week on new homes with special deals. It is a sign that the economy is improving. These low never heard of interest rates in our life time may be ending.
UNC again is # 1 on Kiplinger's Best Value List - N. C. State 15th
UNC-Chapel Hill for the 10th year in a row has held the title of the best value in public higher education by Kiplinger's Personal Finance.
N.C. State Universite #15th --UNC-Wilmington #27 -- Appalachian State University #35
UNC Shool of the Arts #48 -- UNC-Asheville #58.
We should be very proud of the schools we have available for higher education. Our education programs are a strong asset to our State and to our town.
What is happening in Wake Forest?
Pancake & Sausage Breakfast
Sunday, Jan 9; 8 am - 1 pm
American Legion Hall, 225 E. Holding Ave.
American Legion Post 187 will hold a pancake and sausage breakfast on the second Sunday of each month at the Legion Hall, across from the Wake Forest Post Office. All-you-can-eat pancakes, sausage, orange juice, and choice of hot beverage for only $5 per person/$20 max per family. Proceeds support community and veterans projects. For information call (919) 494-2707.
We want to salute our veterans every day. Please help support the American Legion of Wake Forest and join them for breakfast on Sunday - Jan. 9th between 8am - 1 pm.
Call or email Alice Ray for all your real estate questions and any questions you may have about the Town of Wake Forest, N. C. I grew up here and I can answer many of your questions on happenings and events in our town. Email alice@aliceray.com or call 919-906-5794.