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The Mortgage Interest Rate Lock Advisory for Plymouth MA for January 28, 2010
Here are some of the events affecting mortgage interest rates today in Plymouth, MA.
What Mortgage Backed Securities Are Doing Today:
Price Trend in Mortgage Backed Securities:
The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 12-28-2009 to 1-27-2010:

Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.375% worse in price this morning as compared to yesterday.
Economic Reports, News, and Events Affecting Mortgage Interest Rates Today:
In other news, the Treasury Dept. will auction $32 billion 7-Year Notes today. Yesterday's auction of the 5-Year Note was met with lackluster demand. That could lead to an even weaker demand for today's auction for the 7-Year Note, and lead to higher mortgage interest rates this afternoon.
The Federal Open Market Committee (FOMC) concluded its meeting yesterday with no change in the key short-term interest rates. The afternoon report indicated that the economy is recovering and gaining strength. This led to more concerns about inflation and drove mortgage interest higher yesterday afternoon.
Both the results of the 5-Year Note auction and the FOMC statement can cause volatility in the bond and mortgage market this afternoon.
What's Happening With Mortgage Interest Rates Today:
Moderate to High Volatility. Mortgage interest rates are still at historic lows. There's not much potential for MBS prices to tick higher (lower mortgage rates) as the Fed begins winding down their stimulus programs soon as it appears the overall economy is improving. There's also the fear of inflation.
If you're happy with the rate being offered to you and don't want to risk mortgage interest rates moving higher, you should apply and lock in today. It's better to have locked when you should have floated than it is to float when you should have locked.
Mortgage interest rates are currently getting worse. If you have not yet locked in your mortgage interest rate yet, please proceed with caution and maintain contact with your mortgage professional as mortgage interest rates can continue to change for the worse.
Get current mortgage interest rates for your situation in Plymouth, MA.
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Searching for property for sale in Pinehills in Plymouth Massachusetts?
Anyone that knows me or reads my blog, knows that I write about Pinehills frequently, and love to sell property in this well designed, strategically planned community. I enjoy representing buyers that are interested in purchasing in Pinehills, and have an in-depth knowledge of the available properties including what has been selling in the development.
Here are a few of the properties for sale which I consider to be some of the best buys in Pinehills starting with a single family, condo/townhouse, and a home in Great Island 55+ Community.

34 Barnswallow Lane, Plymouth MA 02360
3 bedrooms, 2 bath
Model: Bradford
Current asking price $609,900.00
Features include: 1st Floor master bedroom, two suites on 2nd floor, farmers porch, back deck, two covered patios, partial golf view of Nickalaus 16th, two finished rooms on lower level with walk-out, and 2 car garage.

4 Leggett Mews, Plymouth MA 02360
3 bedrooms, 2.5 baths
Model "Q"
Current asking price $459,900.00
Features include: 1st Floor master bedroom with a bedroom located on the 2nd floor loft and 3rd bedroom located on the lower level, it has finished lower level with walk-out, and 2 car garage.

16 Cross Wind, Plymouth MA 02360
2 bedrooms, 2.5 bath, 1 fireplace
Model: Milton
Current asking price $389,900.00
The features of the property include: 1st floor master suite with adjoining office/den, the large dormer on 2nd floor provides additional space for office/sitting area, or could be used for 3rd bedroom. Walk-out lower level could be finished for additional living space, and seller is offering $1,000 toward installation of granite counters.
There are other properties that are currently for sale in Pinehills, and it is never too early to start your search. In fact, the winter months might be the best time for you to ramp up your search since fewer buyers will be competing against you for the best buys. Give me a call today to schedule your own buyer consultation and a tour - (508) 725-5858, or you can create your own search by visiting my website - FocusedonRealEstate.com to sign up for daily alerts. I look forward to helping you find your next property.
Sales Statistics can be found here:
Pinehills - Plymouth MA - 2009 Sales Year in Review
Pinehills - Plymouth MA - December 2009 Sales Results
Pinehills - Plymouth MA - November 2009 Sales Results
Great Island 55+ Community - Plymouth MA - 2009 Sales Year in Review
Great Island 55+ Community - Plymouth MA - December 2009 Sales Results
Great Island 55+ Community - Plymouth MA - November 2009 Sales Results
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Searching for oceanfront property in Plymouth Massachusetts? Here are a few (not all) properties that are currently available from highest to lowest:

71 Ellisville Road, Plymouth MA 02360
3 bedrooms, 3 bath, 3 fireplaces
Current asking price $1,299,900.00
Features include: Direct oceanfront with spectacular views of Cape Cod Bay. The home was built in 1997, it contains approx. 3,314 sf living area and is situated on close to (.70) three-quarters of an acre of land. There is a 40 ft deck, 3 fireplaces, a large 2nd floor master suite, an exercise room complete with steam room, finished lower level walk-out and 2 car garage.

152 Bay Shore Drive, Plymouth MA 02360
3 bedrooms, 3 baths, 3 fireplaces
Current asking price $1,100,000.00
The features of the property include: Direct oceanfront, with what I consider the best views in Plymouth. From this vantage point, you are able to view Gurnet Point, Plymouth Harbor and Cape Cod Bay including peeks of Provincetown with the right weather conditions. Beautiful! The home was built in 1972, it contains approx. 3,010 sf living area and is situated on approx 1.5 acres of land, has a gourmet kitchen with granite counters and double ovens, and a 4 car detached garage on the other side of the street. Property is located on a dead end street.

79 Ellisville Road, Plymouth MA 02360
5 bedrooms, 2.5 bath, 1 fireplace
Current asking price $999,900.00
The features of the property include: Direct oceanfront with spectacular views of Cape Cod Bay. The home was built in 1979, it contains approx. 3,372 sf living area (including finished lower level) and is situated on close to (.71) three-quarters of an acre of land. There is a 42 ft mahogany deck, hardwood floors in all bedrooms, finished lower level with walk-out, and 2 car garage.
There are other oceanfront properties that are currently listed in Plymouth MA, as well as the towns of Bourne, Duxbury, Wareham and including Cape Cod.
It is never too early to search for oceanfront properties. In fact, the winter months might be the best time for you to ramp up your search since fewer buyers will be competing against you for the best buys. Give me a call today to schedule your own buyer consultation and a tour - (508) 725-5858, or you can create your own search by visiting my website - FocusedonRealEstate.com to sign up for daily alerts. I look forward to helping you find your next property.
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Interested in learning what sold in Great Islands in Plymouth MA for the calendar year 2009? Take a few moments to review the sales data I have compiled for you.

It is quite simple to find homes that are currently listed for sale on-line these days, but home sales are not readily available without some investigation and research.
There were 37 Single Family Home Sales with an average sales price of $384,104.
| Date Sold | Address | Sales Price |
| 1/12/2009 | 35 Tenderwood | $368,000 |
| 3/25/2009 | 37 Tenderwood | $319,900 |
| 3/27/2009 | 35 Clam Pudding | $359,900 |
| 3/27/2009 | 33 Tenderwood | $430,000 |
| 3/31/2009 | 34 Tenderwood | $349,000 |
| 4/30/2009 | 18 Sky Reach | $439,900 |
| 5/18/2009 | 27 Tenderwood | $365,000 |
| 5/27/2009 | 40 Canoe Lndg | $475,000 |
| 5/29/2009 | 41 Tenderwood | $384,900 |
| 6/4/2009 | 23 Tenderwood | $379,901 |
| 6/26/2009 | 17 Tenderwood | $315,000 |
| 6/26/2009 | 36 Tenderwood | $365,000 |
| 6/29/2009 | 21 Tenderwood | $464,000 |
| 6/30/2009 | 25 Tenderwood | $324,810 |
| 7/21/2009 | 29 Tenderwood | $423,403 |
| 7/24/2009 | 10 Sky Reach | $390,000 |
| 7/24/2009 | 19 Tenderwood | $385,000 |
| 8/13/2009 | 9 Tenderwood | $320,000 |
| 8/25/2009 | 32 Tenderwood | $443,510 |
| 8/27/2009 | 15 Tenderwood | $350,000 |
| 8/28/2009 | 56 Champlain Cir | $375,000 |
| 9/3/2009 | 26 Crooked Walk | $348,000 |
| 9/8/2009 | 7 Tenderwood | $312,000 |
| 9/25/2009 | 11 Tenderwood | $360,000 |
| 9/30/2009 | 30 Tenderwood | $430,000 |
| 10/5/2009 | 8 Picket Fence | $336,160 |
| 10/22/2009 | 10 Picket Fence | $362,140 |
| 10/28/2009 | 10 Madison Reach | $413,000 |
| 10/30/2009 | 4 White Trellis | $395,000 |
| 11/2/2009 | 12 Picket Fence | $399,270 |
| 11/9/2009 | 11 Mint Sprig | $381,000 |
| 11/9/2009 | 20 Picket Fence | $400,000 |
| 11/16/2009 | 18 Picket Fence | $389,900 |
| 11/23/2009 | 6 Picket Fence | $446,975 |
| 11/30/2009 | 3 Autumn Gln | $365,000 |
| 12/1/2009 | 14 Picket Fence | $444,715 |
| 12/10/2009 | 19 Picket Fence | $401,450 |
*The above information was obtained from MLS, and public records. It is deemed reliable, but not guaranteed.
To view similar data for Pinehils visit: Pinehills Plymouth MA - 2009 Year in Review
For a list of homes currently for sale in Pinehills, please click on this link - Homes for sale in Pinehills.
You might enjoy some of my previous posts regarding the Pinehills community, click on the following links:
Pinehills in Plymouth MA is Worth a Tour
Homes for Sale in Pinehills Plymouth MA
Pinehills in Plymouth MA is Hot!
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Interested in learning what sold in Pinehills in Plymouth MA for the calendar year 2009? Take a few moments to review the sales data I have compiled for you. I have also included links to some previous posts which I hope you will enjoy.

It is quite simple to find homes that are currently listed for sale on-line these days, but home sales are not readily available without some investigation and research.
There were 19 Single Family Home Sales sold in 2009. Average sales price equals $683,268.
| Date Sold | Address | Sales Price |
| 2/17/2009 | 39 Bridge Gate | $736,270 |
| 2/27/2009 | 25 Bridge Gate | $698,445 |
| 4/27/2009 | 10 Hickorywood | $480,000 |
| 5/18/2009 | 9 Bridge Gate | $565,000 |
| 7/15/2009 | 36 Chipping Hl | $850,000 |
| 7/31/2009 | 14 Bridge Gate | $675,000 |
| 8/14/2009 | 5 Bridge Gate | $540,000 |
| 8/18/2009 | 24 Wickertree | $735,000 |
| 8/28/2009 | 10 Island Rock | $570,797 |
| 9/1/2009 | 18 Barnswallow Ln | $600,000 |
| 9/11/2009 | 27 Bridge Gate | $693,446 |
| 9/15/2009 | 20 Hickorywood | $646,000 |
| 9/25/2009 | 33 Bridge Gate | $612,500 |
| 10/6/2009 | 44 Five Lanterns | $1,340,625 |
| 10/16/2009 | 15 Pine Cobble | $510,000 |
| 10/16/2009 | 4 Grey Shale | $565,000 |
| 10/21/2009 | 7 Hickorywood | $350,000 |
| 10/23/2009 | 33 Grey Shale | $495,000 |
| 11/24/2009 | 42 Five Lanterns | $1,300,000 |
and 25 Condominium/Townhouses Sales with an average sales price of $409,600.
| Date Sold | Address | Sales Price |
| 1/16/2009 | 20 Holbeck Cor - Unit 20 | $488,000 |
| 2/26/2009 | 62 Holbeck Cor - Unit 62 | $437,500 |
| 3/2/2009 | 5 Dillingham Way - Unit 5 | $465,000 |
| 3/2/2009 | 17 Old Langmore Way - Unit 17 | $340,000 |
| 4/3/2009 | 26 Margeson Row - Unit 26 | $317,000 |
| 4/29/2009 | 61 Bradstreete Crossing | $300,000 |
| 5/29/2009 | 8 Dillingham Way - Unit 8 | $449,494 |
| 6/5/2009 | 63 Bradstreete Crossing | $298,000 |
| 6/15/2009 | 78 Holbeck Cor - Unit 78 | $397,000 |
| 6/19/2009 | 4 Latham Wood - Unit 4 | $425,000 |
| 6/26/2009 | 11 Martin Cir - Unit 11 | $463,000 |
| 7/20/2009 | 21 Matt Hoxie Trl - Unit 21 | $357,500 |
| 7/28/2009 | 92 Holbeck Cor - Unit 92 | $485,000 |
| 7/31/2009 | 28 Sampson Cmns - Unit 28 | $310,000 |
| 8/31/2009 | 24 Margeson Row - Unit 24 | $385,000 |
| 10/5/2009 | 28 Margeson Row - Unit 28 | $375,000 |
| 10/9/2009 | 67 Bradstreete Crossing | $370,000 |
| 11/9/2009 | 27 Aberdeen | $585,000 |
| 11/16/2009 | 4 Hidden Cove | $410,000 |
| 11/17/2009 | 11 Alice Mullens Way - Unit 11 | $430,000 |
| 11/19/2009 | 12 Henloe Grn - Unit 12 | $520,000 |
| 12/2/2009 | 50 Benjamins Gate - Unit 50 | $490,000 |
| 12/16/2009 | 16 Old Apple Tree Trl - Unit 16 | $370,000 |
| 12/17/2009 | 6 Henloe Green | $512,900 |
| 12/18/2009 | 9 W Trevor Hl - Unit 9 | $435,000 |
Total sales volume for Pinehills in 2009 equaled 44 properties. This does not include sales for Great Island in the Pinehills. Those will be reported separately at Great Island 55+ Community - Plymouth MA - 2009 Year in Review
* 27 Aberdeen is located in the 55+ Community of Seton Highland in the Pinehills
All of the above information was obtained from MLS, and public records. It is deemed reliable, but not guaranteed.
For a list of homes currently for sale in Pinehills, please click on this link - Homes for sale in Pinehills.
You might enjoy some of my previous posts regarding the Pinehills community, click on the following links:
Pinehills in Plymouth MA is Worth a Tour
Homes for Sale in Pinehills Plymouth MA
Pinehills in Plymouth MA is Hot! (Discusses the new cottage series and the 2009 HGTV green home. Check it out)
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