Fla. real estate rebound strongest in nation- and Cape Coral among the best rebound in FL!

Fla. real estate rebound strongest in nation  MCLEAN, Va. – Sept. 25, 2015 – Freddie Mac's latest Multi-Indicator Market Index (MiMi) finds that the Florida real estate market's rebound leads the nation.  In a city-by-city comparison, Orlando leads the nation in both a month-to-month and year-to-year comparison, and only one non-Florida city makes the top [...]

September 29th, 2015|

FHA fee cut attracts more first-time buyers

FHA fee cut attracts more first-time buyers WASHINGTON – July 29, 2015 – The Federal Housing Administration's (FHA) reduction in mortgage insurance premiums on FHA loans appears to be having an impact on homeownership.  The cuts – which average $900 per year – may be prompting first-time and millennial buyers to enter the housing market: [...]

August 5th, 2015|

World’s most confusing mortgage terms

World's most confusing mortgage terms If you think mortgage jargon is confusing, you're not alone.  And it's not only novice homebuyers who are stumped.  Some of the terms are so tricky even the experts don't agree about exactly what they mean.  Here's a list of some of the world's most confusing mortgage terms: Conforming loan: [...]

July 30th, 2015|

RealtyTrac: Average downpayment at three-year low

RealtyTrac: Average downpayment at three-year low IRVINE, Calif. – June 4, 2015 — RealtyTrac's Q1 2015 U.S. Home Purchase Downpayment Report finds that homebuyers continue to put less money down on a new home. In the first quarter of 2015, the average downpayment (single family homes, condos and townhomes) was 14.8 percent of the purchase [...]

June 10th, 2015|

Let me help you find a mortgage that is right for you~

Consumers say getting a mortgage is easy McLEAN, Va. – March 12, 2015 – Fifty-four percent of Americans say that they believe getting a mortgage is easy – a record high number for Fannie Mae's National Housing Survey, which is a monthly poll of about 1,000 Americans' attitudes toward the housing market. The February 2015 [...]

March 20th, 2015|

Freddie Mac advises buyers to move quickly

Freddie Mac advises buyers to move quickly WASHINGTON – Jan. 28, 2015 – Freddie Mac recently cited a number of favorable opportunities for the housing sector but stressed the need for consumers and businesses to take advantage of them sooner rather than later – they may be limited. According to Freddie Mac's January 2015 U.S. [...]

February 4th, 2015|

Mortgage Rates Still Low-

End-of-year mortgage rates remain below 4%   WASHINGTON (AP) – Jan. 5, 2015 – Average U.S. mortgage rates rose slightly last week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent last week, up from 3.83 [...]

January 13th, 2015|

New lending guidelines target first-time homebuyers

New lending guidelines target first-time homebuyers   WASHINGTON – Dec. 16, 2014 – Years after the bursting of the housing bubble, many consumers – particularly young borrowers and those who suffered a major financial setback during the Great Recession – have found it is difficult to qualify for a mortgage. People who experienced a temporary [...]

December 19th, 2014|

Coming soon: The return of the 3% downpayment

WASHINGTON AP – Dec. 9, 2014 – Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.The new lending guidelines announced by the companies Monday are designed to help [...]

December 9th, 2014|

Make Christmas Count this year

If you are starting holiday shopping, why not consider saving your money for a down payment on a house that your family can share for years to come?  Rates are still low, prices are aggressive & I would love to help you get started on the process- 30-year mortgage rate drops below 4% Mortgage Rate [...]

November 24th, 2014|
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