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Residential

March 1, 2011

-On a seasonally adjusted basis, the pace of mortgage loan activity increased 13.2 percent for the week ended Feb. 18, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 5 percent from 5.12 percent the previous week. The rate for 15-year mortgages decreased to 4.28 percent from 4.34 percent.

-Re/Max Metro has opened at 971 N. Delaware St., Suite A. The office is owned and operated by Monika Mueller.

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