Published Thursday, January 11, 2018
What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.
Rate news summary
From Freddie Mac’s weekly survey: The 30-year fixed rate averaged 3.93 percent, one wobbly basis point lower than last week’s 3.94 percent. The 15-year fixed averaged 3.36, unchanged from last week.
The Mortgage Bankers more»
Published Monday, January 8, 2018
Pending home sales were mostly unmoved in November 2017, but they squeaked out a minor gain both on a monthly and annualized basis, according to the National Association of Realtors® (NAR). more»
Published Wednesday, January 3, 2018
Consumer sentiment in December fell both nationally and among Floridians, dropping 1.4 points month-to-month in Florida to 95.9, according to the latest University of Florida (UF) consumer survey. However, the average monthly index in 2017 surpassed 2016 by an average 4.6 points. more»
Published Tuesday, December 12, 2017
WASHINGTON – Dec. 11, 2017 – Money issues often stand in the way of homeownership. A survey by rental service Apartment List found that 80 percent of millennial renters want to buy a home, but most say they can't afford to.
What you may not realize is that many first-time homebuyer programs and grants offer financial help, and you may be more»
Published Monday, December 4, 2017
WASHINGTON – Dec. 1, 2017 – Some home sellers need a sale contract inked before the end of 2017 in order to avoid a big tax bill that would be imposed if the Congress' tax reform proposals become law: Both the House and Senate bills require sellers to have lived in their residence for a longer period of time before qualifying for the capital more»
Published Monday, November 20, 2017
WASHINGTON (November 16, 2017) – The House of Representatives today passed H.R. 1, the “Tax Cuts and Jobs Act,” a bill National Association of Realtors® President Elizabeth Mendenhall has called an all-out assault on homeownership.
Mendenhall issued the following statement:
“It’s disappointing to see this legislation move more»
Published Thursday, November 9, 2017
CHICAGO – Nov. 8, 2017 – The National Association of Realtors® (NAR) presented two international awards to Florida Realtors this past weekend at its annual convention in Chicago: The Platinum Global Achievement Program Award and the Global Outreach Effort Award, which recognizes the annual global issue of Florida Realtor magazine.
Published Thursday, October 12, 2017
NEW YORK – Oct. 11, 2017 – Without a high credit score, you won't qualify for the best mortgage rates available, which could mean you'll end up paying more money over the term of your mortgage. Even with rates near historic lows now, the difference between 4 percent and 4.25 percent can add up, especially if you're applying for a 30-year more»