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As of today, 3rd February 2010, the refinance rates are, as follows: (1) 30 yr Fixed Rate, Today, 5.19%, Last Week, 4.94%; (2) 15 yr Fixed Rate, Today, 4.4%, Last Week, 5.06%; (3) 5/1 ARM, Today, 4.53%, Last Week, 4.12%.

According to an article in Mortgage News Daily, “A rising trend of mortgage applications indicates an increase in home buying interest, a positive for the housing industry and economy as a whole. More home purchases can lead to more construction jobs and increased purchases of items to build a home. Furthermore, in a low mortgage rate environment, an increasing trend implies consumers are seeking out lower monthly payments which can result in increased disposable income and therefore more money to spend on discretionary items or to pay down other debt.”

The article further states, “Don’t wait for mortgage rates to decline! I stand by my statement that 4.75% could very well be the lowest mortgage rates offered in 2010…unless there is a fundamental shift in economic outlook. If you have been waiting to refinance or to buy, get out there and start the process before you miss the boat of sub 5% rates.”

Click this web-link, http://www.mortgagenewsdaily.com/consumer_rates/132989.aspx, to read the entire article by Victor Burek.

The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama, has ongoing (and potential future) economic projects which may have an advantage over other U. S. regions. Our real estate market should draw more positive attention in the near future.

Contact Al Cheney, Certified FHA Approved Real Estate Appraiser, (251) 533-2424, when requiring a residential appraisal report for refinancing, settling an estate with real property, or various other litigation reasons in Alabama. Email your orders and questions to Albert@CheneyAppraisalServices.com/.

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BLOGphoto-PottersMillDaphne-Entrance-11232009 [02]Daphne, Alabama, “The Jubilee City,” was established in 1874 (incorporated in 1927). Daphne has a rich heritage and community spirit with a small town desirable ambiance.

Located in the Eastern Shore, Daphne is very centralized to Mobile, Spanish Fort, Fairhope and the beaches in Gulf Shores and Orange Beach which makes it very appealing for entertainment, shopping, sports and raising your chilBLOGphoto-PottersMillDaphne-House-11232009 [03]dren.

Daphne has residential neighborhoods, from small and quaint to large and loaded with amenities, which will appeal to any family or individual. The Potters Mill subdivision is only one residential development of many to choose from in Daphne and its surrounding areas. The asking prices for homes in Daphne and the Eastern Shore are from low to high, and fit any household budget.

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Looking for Daphne, AL Home Appraisers? Then, look no further than
Cheney Appraisal Services for all Certified Home Appraisals in Daphne.

Al Cheney covers all of the Eastern Shore
(Daphne, Fairhope, Montrose, Mullet Point, Point Clear, Spanish Fort)
as well as other areas within Baldwin County, Alabama.

Al Cheney is an Alabama Certified Residential Real Property Appraiser
and a FHA Approved Appraiser with over 30 years of real estate experience.

Are you an owner looking to sell your home? Cheney Appraisal Services offers only a $225 full appraisal report fee within the city limits of Mobile and a $250 fee for all other areas within Baldwin County and Mobile County.

Al Cheney will give you a specially designed appraisal report with a derived value opinion estimate, value range estimate, and other necessary marketing information to assist you in selling your home.

Are you unsure about what sale price to offer?  Then isn’t having a “Certified,” specialized, professional appraisal report your answer for a more targeted marketing strategy and a quicker sale of your home?
Call and talk to Al Cheney today!

Please visit these web sites, http://www.CheneyAppraisalServices.com, http://www.MobileAlabamaFHARealEstateAppraisers.com, and http://www.RealtyLeaders.biz for more information on fees, services,
Daphne real estate, and the Mobile Bay Metro Area,
Baldwin County and Mobile County of Alabama.
Call Al Cheney at (251) 533-2424 with any additional questions.

Are you ready to order your Daphne appraisal assignment?
Please click this web site link, https://cheneyappraisalservices.appraiserxsites.com/iFrame.aspx?FileName=client.x&ReferrerGUID=d4142893-75d8-4681-997d-eaa83d48b8cb#top, an online ordering system for your convenience. You may also send your Daphne appraisal assignment order by facsimile, (251) 252-7737.

The mailing address is Cheney Appraisal Services,
Post Office Box 7907, Spanish Fort, Alabama 36577-7907.

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Looking for Spanish Fort, AL Home Appraisers; then, look no further than
Cheney Appraisal Services, Al Cheney, for all Certified Home Appraisals.
Al Cheney covers all of the Eastern Shore
(Daphne, Fairhope, Montrose, Mullet Point, Point Clear, Spanish Fort)
as well as other areas within Baldwin County, Alabama.

Al Cheney is an Alabama Certified Residential Real Property Appraiser
and a FHA Approved Appraiser.

Please visit these web sites, http://www.CheneyAppraisalServices.com, http://www.MobileAlabamaFHARealEstateAppraisers.com, and http://www.RealtyLeaders.bizfor more information on fees, services, local real estate, and the Mobile Bay Metro Area,
Baldwin County and Mobile County of Alabama, and call
Al Cheney, (251) 533-2424, with any additional questions.

Are you ready to order your appraisal assignment? Please click this web site link, https://cheneyappraisalservices.appraiserxsites.com/iFrame.aspx?FileName=client.x&ReferrerGUID=d4142893-75d8-4681-997d-eaa83d48b8cb#top, an online ordering system for your convenience.

You may also send your appraisal assignment order by facsimile, (251) 252-7737.

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Spanish Fort, Alabama continues to grow with new residential developments while maintaining its historic Southern charm. Its local people bustle from place to place, store to store, and eager to share a story, or two.

Spanish Fort is growing towards future prominence as “the major” town within Baldwin County, part of the Eastern Shore, and located only minutes from downtown Mobile by traveling west on I-10, across the “Bay-Way.”

Spanish Fort has several newer residential developments, such as, “Garrison Ridge,” about two years old. Most of the homes within “Garrison Ridge” have gross living areas between 3,213 square feet and 3,703 square feet, three bathrooms and four bedrooms according to online records. Building lots within this development will primarily range from $62,500 to $69,900.

Garrison Ridge” is located about 1/2 mile north of U. S. Highway 31 and along the western side of Highway 225, near Spanish Fort’s town center. “Garrison Ridge” sits on an area which once was the center of the Union lines during the Battle of Spanish Fort and one of the final battles of the American Civil War in the Spring of 1865. Before the development could begin, a team of archaeologists from the University of South Alabama spent time salvaging for information from the 57+- acre site.

The Certified Residential FHA Appraisers within Baldwin County also suggest checking into these other Spanish Fort subdivisions: Bromley Oaks, Cambron, Churchill, Delta Woods, The Hammock At Blakeley, Saluda Ridge, Spanish Fort Estates, Stillwater, Stonebrook, Tanager, Westminster Gates, Whisper Woods, and Wilkins Creek Estates.

If you require more information about Certified Residential and FHA Appraisal Reports within Spanish Fort and other communities (Daphne, Fairhope, Malbis, Montrose, Point Clear, etc.) within Baldwin County, Alabama, please contact Al Cheney at (251) 533-2424 or write to Cheney Appraisal Services, Post Office Box 7907, Spanish Fort, Alabama 36577-7907.

Also, click on this web site link, http://www.CheneyAppraisalServices.com, for other articles and informative topics about our Mobile Bay Metro Area.

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“The Woodlands At Malbis” is located along the east side of Alabama State Highway 181, a few miles south of U. S. Interstate Highway 10 and also south of U. S. Highway 90.  The Malbis Regional Shopping Center is located on the northern side of U. S. Highway 10 and only minutes from this subdivision.The Woodlands At Malbis House 1

“The Woodlands of Malbis” has 35 lots and eight common area parcels according to online records.  This subdivision is described as “a fantastic tree-lined upscale neighborhood with lakes and estate-sized lots.”  

The Baldwin County Association of REALTORS’ online records indicate 4 active listings ranging from $494,900 to $1,900,000 with 3,258 to 5,740 square feet and 9 past sold properties selling between $550,00woodlands malbis0 and $840,000 with 4,296 to 4,939 square feet .

For further information, contact Barbara S. Reeves at 251-510-0629, 251-621-2588 or toll free direct by calling 888-489-8001.

For more information about Certified Residential Real Property Appraisers and Approved FHA Appraisers, contact Albert Marshall Cheney with Cheney Appraisal Services at 251-533-2424.  Albert Cheney covers Daphne, Fairhope, Loxley, Malbis, Montrose, Point Clear, Robertsdale, Spanish Fort and many other communities and towns within Baldwin County, Alabama.  Al Cheney suggests clicking onto these web site links, http://www.CheneyAppraisalServices.com and http://www.MobileAlabamaFHARealEstateAppraisers.com for much more information!

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