Outer Banks Real Estate

Fixed Mortgage Rates

Alan Greenspan continues to raise the prime lending rate to cool potential inflation,  you would think rates would be directly proportional.  Not exactly so - while his comments last week did cause an uptick in rates, the market has rebounded over the last three days. 

Don't get me wrong - fixed mortgage rates are going up, but just because the prime rate is increased by .25% or .5%, it doesn't mean that a 30 year fixed mortgage rate is going up by that amount that day. 

Identity Theft

Identity theft is a big problem and getting bigger.

The last thing you want to find out when you are about to purchase your vacation home on the Outer Banks is that someone in Omaha Nebraska now owns 14 plasma 52 inch televisions bought in your name.  (Sorry Omaha - it just sounded far away from the beach).

I found a good article  about steps you can take to eliminate identity theft.  While it does take some time to follow these steps, it sure beats the alternative...

Bloglines - A great tool for reading Blogs

Want to know more about blogs.  This is a great place to start.

Bloglines is a FREE online service for searching, subscribing, creating and sharing news feeds, blogs and rich web content. With Bloglines, there is no software to download or install -- simply register as a new user and you can instantly begin accessing your account any time, from any computer or mobile device.

And did I mention that it's FREE!

Follow the Link to the homepage - register and start a whole new way of getting information from the web. 

Rebuild the beach?

Here is an opinion article written in today's edition of the Fayetteville newspaper about federal funding of beach re-nourishment.  It is a hot topic on the Outer Banks, especially for the people in South Nags Head and Kitty Hawk.  Looks like the burden will be shifted to the state and local governments. 

Blog Directories

Blogorama is a directory of... you guessed it - blogs.  You can find more blogs about any subject you can imagine here.