| IPhone app tracks real estate buyers, listings, contacts and Top 10 priciest, cheapest college real estate markets |
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Computer consulting firm Nicholas Trataris International has developed a real estate database application for the Apple iPhone.Under a "Buyers" button, agents can type in the buyer's name, contact information and address; details for the kind of property the buyer is interested in; properties the agent has shown the buyer; the names of those involved in the escrow process such as the escrow officer and lender; and a to-do list of buyer-related tasks.For listings, agents can type in the listing address; the seller's name and contact information; property details and features; showing instructions; escrow information; and a to-do list. Photos can be taken directly with the iPhone and uploaded to the listing. Users can also connect to Google Maps and find directions to the listing address. For business contacts, users can add a contact's name, contact information, and a description of his or her services. [Read the full article] A weekly survey of lenders by Freddie Mac showed mortgage rates at or near record lows for a fourth consecutive week amid growing expectations that Europe is headed for a recession that will slow U.S. growth.A separate survey by the Mortgage Bankers Association showed applications for purchase loans jumped to the highest level since August, but demand remained below levels seen at the same time last year.Freddie Mac's Primary Mortgage Market Survey showed rates for 30-year fixed-rate mortgages averaged 3.98 percent with an average 0.7 point for the week ending Nov. 23, down from 4 percent last week and 4.4 percent a year ago. Rates on 30-year fixed-rate loans hit a 2011 high of 5.05 percent in February, before plummeting to an all-time low in records dating to 1971 of 3.94 percent during the week ending Oct. 6.Rates on 15-year fixed-rate mortgages averaged 3.3 percent with an average 0.7 point, down from 3.31 percent last week and 3.77 percent a year ago. [Read the full article] It is Thanksgiving here, not over there, but given the sudden silence over there you'd think they were the ones on holiday.Here we got the mild disappointment of third-quarter GDP revised down from 2.5 percent to 2 percent. Stock market Pollyannas are already spinning: Since inventories were not rebuilt in the third quarter, contributing to the downward revision, the fourth quarter is going to be hot, hot, hot!All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federalcopyright law.It is Thanksgiving here, not over there, but given the sudden silence over there you'd think they were the ones on holiday.Here we got the mild disappointment of third-quarter GDP revised down from 2.5 percent to 2 percent. [Read the full article] 
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