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Licensed in:
MD, DC, VA, DE,
PA, NC & FL
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March 2007
March 2007 The Mortgage Advisory Group
Going Green And What It Means To You, Your Family And The Environment
 
Sales of existing homes unexpectedly rose by 3.9% in February, the largest monthly gain in three years, the National Association of Realtors reported March 23. The price of a median home sold last month dropped to $212,800, down by 1.3% from the same month in 2006, marking a record seven straight months that the median home price has fallen. The spring market has sprung, now is the time to buy.

Federal Reserve policymakers announced on March 21 that they would leave the central bank's key federal funds rate -- the rate that banks charge one another for overnight loans -- at 5.25%, where it has remained since June 2006. What does that mean to you? If you have a home equity line of credit (HELOC) your rate will not adjust - that's great news.

If you have any questions regarding your current mortgage please do not hesitate to contact us at 301-728-5505 or by e-mail at edavis@mortgagelinkhome.com 

 
It's Easy Being Green
Anca Novacovici,
President of Eco-Coach
 
This spring, make your indoors healthier and more environmentally friendly by following these easy tips for your home and office. blue sky
What you can do at home
1. Switch to non-toxic household cleaning products Why? The internal environment is two to five times as polluted as the external environment, according to the EPA. Long-term or delayed health effects of household cleaners have been linked to cancer, endocrine disruption and reproductive issues; other effects include asthma, organ damage and neurological problems.
Non-toxic alternatives can be found at natural food stores such as Whole Foods or Trader Joeˇ¦s, and increasingly, at regular supermarkets. However, because the industry is not regulated, check the label before buying, to make sure that you understand ingredients.
Some household cleaning products cannot be thrown into the garbage and should be disposed of at a hazardous waste site. To find a site near you, go to www.earth911.org.

 

Open This Weekend - Offered at $574,000
   
405 Deerfield Avenue, Silver Spring, MD deerfield
Welcome to this bright and spacious home just minutes from downtown Silver Spring, Sligo Creek Park and convenient to 495 & DC.

5 bedroom/2 full bath home with family room/office area with wood floors and large windows. Spacious living room with fireplace.

OPEN THIS WEEKEND - Don't miss out on this beautiful home.

Real Estate Listings
   
  For Sale
In addition to this newsletter we also send out a monthly Real Estate Listings newsletter. The listings that are highlighted are from some of our Realtors that we partner with. We ask that you contact the Realtor that is showcasing the listing to see these great properties.


 

Contact Information
phone: 301-728-5505
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Mortgage Link Inc.
Mortgage Advisory Group

800 South Frederick Avenue, Suite 203
Gaithersburg, MD 20877
Telephone:
Fax:
Email:
301-728-5505
301-760-4277

info@mortgagelinkhome.com

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