Listing Alert: Private Wilton Manors Home

AND BEAUTY ABOUND IN THIS SECLUDED TWO STORY TOWHOME. TREE LINED STREET JUST OFF WILTON DRIVE BRINGS YOU TO THIS 2BED,1.5 BATH TOWHOME ON THE SOUTH FORK OF MIDDLE RIVER CANAL. SECOND FLOOR MASTER BED WITH OPEN BALCONY VIEWS OF MATURE FOLIAGE IN … [Read more...]

Average rate on 30-year mortgage slips to 3.65%

WASHINGTON (AP) – April 24, 2015 – Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30-year fixed-rate mortgage slipped to 3.65 percent from … [Read more...]

Another reason to buy now: Rents going up again

NEW YORK – April 24, 2015 – CEOs of the largest companies renting out single-family homes say they plan to raise rents up to 5.7 percent this year, as they switch their focus from buying more properties to optimizing revenue from the thousands of … [Read more...]

1 in 3 Americans say real estate the best investment

NEW YORK – April 24, 2015 – For the second year in a row, the largest percentage of Americans surveyed by Gallup (31 percent) said that real estate as the top long-term investment – a sign of mounting confidence in the housing recovery. Real … [Read more...]

RealtyTrac: Fewer Fla. homeowners are underwater

IRVINE, Calif. – April 23, 2015 – RealtyTrac's U.S. Home Equity & Underwater Report for the first quarter of 2015 finds that Florida continues to see more homeowners emerge from underwater status, where they owe more on the mortgage than their home's … [Read more...]

NAR: Pending sales up for first time in 2014

WASHINGTON – Oct. 27, 2014 – Pending home sales rose slightly in September and are above year-over-year levels for the first time in 11 months, according to the National Association of Realtors® (NAR). The Pending Home Sales Index, a … [Read more...]

U.S. regulator: Fannie, Freddie in deal with banks

WASHINGTON (AP) – Oct. 21, 2014 – A federal regulator says government-controlled mortgage giants Fannie Mae and Freddie Mac have reached an agreement with major banks that could expand lending. The head of the Federal Housing Finance Agency … [Read more...]

Still no short sale tax forgiveness this year

WASHINGTON – Oct. 15, 2014 – In a short sale, an owner sells his home for less than the amount stated on his mortgage, with the balance forgiven by the lender. Last year, homeowners could move on after the sale. Any money forgiven by the bank … [Read more...]

Canadian snowbirds encouraged to buy a Fla. home

MONTREAL, Canada – Oct. 14, 2014 – As Canadian snowbirds prepare to head south, the Annual Snowbird outlook from BMO Bank of Montreal is telling Canadians that "U.S. housing affordability remains healthy, and prices are expected to increase in … [Read more...]

Could 15-year mortgage product change lending?

NEW YORK – Oct. 13, 2014 – Two mortgage executives hope to overhaul the 15-year mortgage, and make it more available to low and moderate-income people. They say it helps borrowers build equity at a much faster pace compared to a standard … [Read more...]