by admin | Jan 29, 2009 | News
WASHINGTON (AP) – Jan. 29, 2009 – The Federal Reserve signaled that it stands ready to use new unconventional tools, or expand existing ones, to spur lending and consumer spending that could help lift the economy out of a painful recession. The Fed also agreed...
by admin | Jan 27, 2009 | News
Mortgage loan applications bounced back last week as rates fell and end-of-the-year holiday hoopla faded. The Mortgage Bankers Association weekly index of application volume rose to 1,324.8, an increase of 15.8 percent on a seasonally adjusted basis from 1,143.8 the...
by admin | Jan 26, 2009 | News
Jan. 26, 2009 – Lending giant Fannie Mae is slapping tough new requirements on mortgages for Florida condos, moves that analysts believe will make it even more difficult to sell units in buildings already starved for residents and struggling financially. The...
by admin | Jan 26, 2009 | News
ORLANDO, Fla. – Jan. 26, 2009 – Florida’s housing market mirrored the national trend in 2008, as mortgage industry troubles, unsettled financial markets, tightened credit and other economic issues impacted sales and prices. By year’s end, a total of 124,215 existing...
by admin | Jan 26, 2009 | News
ORLANDO, Fla. – Jan. 26, 2009 – Florida’s existing home sales rose in December, making it the fourth consecutive month that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of...
by admin | Jan 23, 2009 | News
WASHINGTON – Jan. 23, 2009 – Washington is doing all it can to get money flowing again in the housing sector. At around 5 percent, 30-year mortgage rates are at levels that haven’t been seen in, well, 30 years. If you want to buy a home or refinance your existing...
