by admin | Oct 27, 2008 | News
WASHINGTON – Oct. 17, 2008 – Rates on 30-year mortgages jumped to the highest level in eight weeks, squeezing some potential homebuyers out of the market, and reflecting how nervous lenders remain despite the massive global intervention in the credit markets. Mortgage...
by admin | Oct 24, 2008 | News
ORLANDO, Fla., Oct. 24, 2008 – For the first time in almost three years, Florida’s existing home sales rose in September, noting a 24 percent increase in activity in the year-to-year comparison; last month’s sales of existing condos statewide increased 11 percent in...
by admin | Oct 24, 2008 | News
Florida saw a drop in monthly foreclosures in October, but Orange County saw in an increase in pre-foreclosures, according to Foreclosures.com. Orange County reported 4,877 pre-foreclosure filings in October, 11 percent higher than the 4,387 filed a month prior,...
by admin | Oct 24, 2008 | News
WASHINGTON – Oct. 24, 2008 – Federal regulators told Congress Thursday they’re working on a plan that could help many distressed homeowners escape foreclosure in a global financial crisis that Federal Reserve Chairman Alan Greenspan warned will get worse before...
by admin | Oct 24, 2008 | News
Travelers looking for alternatives to hotels have helped grow the vacation rental market to a $24.3 billion industry, according to a new study. Sherman, Conn.-based travel research group PhocusWright Inc. conducted the study, which forecasts that online vacation...
by admin | Oct 24, 2008 | News
WASHINGTON (AP) – Oct. 24, 2008 – Rates on 30-year U.S. mortgages dropped sharply this week, falling to the lowest level in five weeks. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.04% this week, down from 6.46% last week....
