Mortgage rates reach record lows

Mortgage rates dropped significantly this week and hit a new record low following the Federal Reserve’s purchases of mortgage securities, according to Freddie Mac. The 30-year-fixed rate mortgage was 3.4 percent, down from 3.49 percent last week. A year ago at this time, the average 30-year, fixed-rate mortgage was 4.01 percent. The 15-year, fixed-rate mortgage […]

Williamsburg Crossing Shopping Center sold

Williamsburg Crossing , which in the past was one of the area’s most popular shopping centers was acquired by  LNR Partners Inc., a financial services provider  for $5.3 million at a recent auction sale. The buyer, a commercial real estate developer, was the original note holder for the property. The single-story retail building at 5251 […]

Williamsburg/ James City County Schools pass SOL tests for 2012

Williamsburg/ James City County schools are fully accredited and meeting all state standards for achievement in English, mathematics, history and science – and graduation, in the case of high schools – the Virginia Department of Education (VDOE) announced yesterday. See Williamsburg test results here In addition to Williamsburg / James City Schools, Chesapeake, Gloucester County […]

Foreclosure settlement spawning mortgage scams

VA Attorney General Ken Cuccinelli announced this week that claim forms are going out to approximately 46,600 Virginia borrowers who lost their home to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 and who may be eligible for payment under the $25 billion national mortgage foreclosure settlement. Eligible borrowers had mortgages serviced by Ally/GMAC, […]

Elisabeth von Trapp: Sculpting Her Own Sounds of Music

Elisabeth von Trapp  in concert Join Elisabeth for her personal “sound of music”, with selections that range from sacred to secular, from Schubert to Sting. Born and raised in Vermont, Elisabeth is the granddaughter of the legendary Maria and Baron von Trapp, whose story inspired The Sound of Music. Singing professionally since childhood, Elisabeth has […]

Kroger shoppers soon to enjoy Ukrop’s rolls and more

Starting next month, Ukrop’s popular White House Rolls will be available in about 1,100 Kroger stores in  20 states. Ukrop’s Homestyle Foods will also begin selling about 50 food items, including some of its sandwiches, green salads and chilled prepared foods at Kroger stores in the Louisville, Ky., market next week. The deal with Kroger, […]

Peter Chang set to open in Williamsburg 9/28

Later this month, Peter Chang will debut his third restaurant in central Virginia. The 170-seat Peter Chang China Cafe will officially open to the public on Friday, Sept. 28, 2012 in Williamsburg at 1203 Richmond Rd. Williamsburg VA. The chef already operates Peter Chang’s China Grill in Charlottesville and the Peter Chang China Cafe in […]

East Beach Homerama 2012 Starts Oct 13 ,2012

Back in the  1990’s the city of Norfolk spent millions of dollars  to buy and tear down 1,600 buildings in East Ocean View and relocate hundreds of low-income residents to make way for an upscale seaside village that resembles an old-fashioned American town. Those 100 acres nestled on prime real estate between the Chesapeake Bay […]

Come out and enjoy a variety of bike racing at the Williamsburg Dirt Fest this weekend

Two types of cycling events converge this weekend with the aptly named Williamsburg Dirt Festival. James City County Parks & Recreation, James River Velo Sport, William & Mary Cycling Team and Eastern Virginia Mountain Bike Association are hosting the first local event of its kind. “Williamsburg was chosen as the host town to both “support […]

Williamsburg Bud Beer part of national promotion

A beer created by the brewmaster at the Anheuser-Busch brewery in Williamsburg is part of a Budweiser limited-edition sampler pack available soon.    The beer named for the Williamsburg VA 23185 ZIP code was part of a promotion called "Project 12," in which brewmasters at 12 of its breweries created small-batch beers using yeast that […]