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...
by admin | Jan 14, 2009 | News
WASHINGTON – Jan. 14, 2009 – Mortgage finance company Fannie Mae said Tuesday it has adopted a policy allowing renters to remain in their homes even if their landlord enters foreclosure. The new policy will allow residents of about 4,000 properties to sign new leases...
by admin | Jan 14, 2009 | News
If all home buyers become eligible for a tax credit without a repayment feature, it could result in an additional 555,000 home sales, enough to meaningfully draw down excess housing inventory, the NATIONAL ASSOCIATION OF REALTORS® says. An evaluation of options for a...
by admin | Jan 14, 2009 | News
TALLAHASSEE, Fla. (AP) – Jan. 14, 2009 – The state’s insurance commissioner Tuesday tried to calm fears about the solvency of small companies stepping in to replace industry giants that have reduced homeowner coverage in Florida due to the state’s hurricane risk....
by admin | Jan 13, 2009 | News
Home shopping alone – without the help of a professional even when online – can become a huge handicap for home buyers. Here are four reasons: Late information. Shoppers who limit themselves to only looking at real estate Web sites will overlook some very...
