Fixed-Rate Mortgage Rates Inch Downward to Another New Low for the Sixth Consecutive Week

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), with the 30-year and 15-year fixed-rate mortgages reaching record lows for this survey. (The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991.) 30-year fixed-rate mortgage (FRM) averaged 4.54 percent with an average 0.7 point for the week ending July 29, 2010, down from last week when it averaged 4.56 percent. Last year at this time, the 30-year FRM averaged 5.25 percent. Read more

Source: realtytimes.com

Napier Realtors Proudly Sponsors new USO Center at RIC

Napier Realtors is proud to be a founding sponsor of the new USO Center that just opened at Richmond International Airport.

Since the USO’s primary mission is to enhance the quality of life of the U.S. Armed Forces personnel and their families, partnering with the USO right here in the Richmond area is a way for Napier Realtors to show their heartfelt thanks to our men and women in uniform and their families.

The agents and staff at Napier's four area offices collected items to donate to the Center -- snacks, drinks, paperback books, magazines, and toiletry items such as travel size hand sanitizer, lotion, and lip balm -- and committed to volunteer their time to work in the Center one day a month. The cart of donations was overflowing with goodies for "our" troops!

A huge THANK YOU! to everyone who donated items that were on the Center's wish list or gave of their time on our first day of volunteering at the Center!!

Join Us at the 6th Annual 'MUSIC FOR MASSEY' Benefit Concert

The benefit concert will be held on Sunday, July 25 at the Snagajob.com Pavilion @ Innsbrook, 4901 Lakebrook Drive, Glen Allen, VA. This year's roster includes three popular national recording artists: CHRIS ISAAK, MARC BROUSSARD and THE WAYBACKS. Gates open at 3pm and Music starts at 4pm. Presented by Connor's Heroes Foundation and all proceeds go to the VCU Massey Cancer Center for research. For ticket information, please visit http://www.musicformassey.com.

We greatly appreciate your support in helping to aid research in finding a cure for cancer.

Napier is a Leader in the Community

Napier Realtors ERA’s dedication to service has been rewarded time and time again with numerous awards locally and nationally. However, our commitment to making our community a better place to live is more important than any award. As a proud supporter of the VCU Massey Cancer Center, MDA, the Faison School for Autism and many others, Napier ERA’s management, sales associates and staff proudly donate their time and efforts to worthy programs like these that need our support.

If you would also like the satisfaction of supporting one of the nation’s Top Cancer Research Centers, we invite you to join us on July 25, 2010, at the Snagajob.com Pavilion @ Innsbrook, 4901 Lakebrook Drive, Glen Allen, VA, for a “Music For Massey” concert featuring CHRIS ISAAK with Special Guests Marc Broussard and The Waybacks. Gates open at 3pm and Music starts at 4pm. Presented by Connor's Heroes Foundation and benefiting the VCU Massey Cancer Center. For ticket information, please visit http://www.musicformassey.com.

We thank you for your support.

House Extends Home Buyer Tax Credit Closing Deadline

RISMEDIA, July 1, 2010—(MCT)—The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to $8,000 in tax credits. The Home Buyers Assistance Act of 2010 would push the deadline to midnight September 30, 2010 on contracts that were signed by the midnight April 30 deadline. The vote was 409 to 5, with 18 not voting.
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Source: www.rismedia.com