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Residential

December 21, 2010

-On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.3 percent for the week ended Dec. 10, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.84 percent from 4.66 percent the previous week. The rate for 15-year mortgages increased to 4.21 percent from 3.98 percent.

-Coldwell Banker Alliance real estate, with offices in Avon and Carmel, has merged with Prudential Indiana Realty Group. The merged organization will operate under the Prudential Indiana brand name. 

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