Category Archives: Local

Top 10 Do’s & Don’ts During The Loan Process

DON’T APPLY FOR NEW CREDIT OF ANY KIND – If you receive invitations to apply for new lines of credit, don’t respond. If you do, that company will pull your credit report and this will have an adverse effect on … Continue reading

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April 9th Moorings Column

Hello and welcome to this week’s edition of Moorings, your source where local and national mortgage and real estate news meet. I hope everyone had a wonderful Easter holiday and enjoyed some quality time with friends and family. To start … Continue reading

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What Buyers and Sellers Have in Common

Emotional Stake Both buyers and sellers have an emotional stake in their property. Sellers are having a hard time parting themselves from the memories their home holds, while buyers can get attached to a property quickly. Just one aspect of … Continue reading

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Nonstop flights to Chicago added from Wilmington International Airport

American Eagle airlines will fly two daily roundtrip flights between Wilmington and Chicago O’Hare, American Airlines said Monday. The service by the American Airlines regional affiliate begins July 2 and will be operated with 44-seat Embraer jets. One flight will … Continue reading

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Area might see some snow this weekend

Could the coast see snow before the first day of winter? The National Weather Service in Wilmington says a few snow flakes are possible Saturday night or Sunday morning. Temperatures in the low 30s are expected Saturday night, and the … Continue reading

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Latest Moorings Column From Lumina News

Moorings 08-23-10Hello and welcome to this week’s edition of Moorings. Last Tuesday, the government held a “Future of Housing Finance” conference to discuss changes needed in this area. Most participants agreed that government assistance for housing must be reduced but … Continue reading

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Leatherback Sea Turtles Born in Holden Beach

Last week, 53 newly-hatched leatherback turtles made their way from their nest on Holden Beach to the sea.The nest is Holden Beach, NC’s first known leatherback turtle nest. Loggerhead turtles often nest on Brunswick County’s beaches, but Leatherback turtle nests … Continue reading

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New US Home Sales Rise 6.2 Percent

Sales of new homes rose more than expected last month to the highest level in more than a year as the housing market shows stability after its historic collapse. The Commerce Department says sales rose 6.2 percent to a seasonally … Continue reading

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Fed Officials More Confident Recession is Ending

With the economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others, according to documents released Wednesday. Minutes of the central bank’s closed door … Continue reading

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This Week’s Moorings Column From Michael Lopez

Hello and welcome to this week’s Moorings Column, your source for all things in the mortgage and housing industry.  To refinance or not to refinance, that is our question for this week.  Well to start off with let’s look at … Continue reading

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