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...
by admin | Jan 23, 2009 | News
McLEAN, Va. – Jan. 23, 2009 – Rates on 30-year mortgages rose above 5 percent this week, ending a five-week run at record low levels, Freddie Mac reported Thursday. Mortgage rates have been in decline since the Federal Reserve said in late November it would buy up to...
by admin | Jan 16, 2009 | News
McLEAN, Va. – Jan. 16, 2009 – Rates on 30-year mortgages set a record for a fifth straight week by dropping to below 5 percent, the lowest mark since Freddie Mac started tracking the data in 1971. Mortgage rates have been dropping since late November, when the Federal...
by admin | Jan 14, 2009 | News
ORLANDO, Fla. – Jan. 14, 2009 – Qualifying for a mortgage is not nearly as easy these days as it was just a couple of years ago, before the sub prime-loan-market collapse and the worldwide credit freeze. Still, mortgages are approved every day, even for home buyers...