The 30-year FRM declined marginally since last week – down by .01% – but it still hovers a bit above the 4% mark. Source: Florida Realtors Related Posts:Mortgage Rates Hit Lowest Point So Far This YearMortgage Rates Are Stabilizing – How That Helps…Why More Homeowners Are Giving Up Their Low Mortgage RateWhat a Fed Rate […]
Legislature OKs bill that oversees condo boards
Fla. lawmakers passed a bill that imposes criminal penalties for some condo board violations, such as election fraud, conflicts of interest and misappropriation. Source: Florida Realtors Related Posts:Condos Could Be a Win for Today’s BuyersThought the Market Passed You By? Think Again.You May Not Want To Skip Over That House That’s Been…This May Be the […]
Court: Miami can sue big banks for predatory lending
The U.S. Supreme Court said Miami may sue large U.S. lenders over allegations that their Fair Housing Act violations played a role in the housing meltdown. Source: Florida Realtors Related Posts:The Truth About Credit Scores and Buying a HomeWhat Credit Score Do You Really Need To Buy a Home?Are Big Investors Really Buying Up All […]
College debt no longer a buyer deal breaker
Parents can now tap into home equity to pay off student loans, and it will be easier for millennial buyers to qualify. But it’s not for everyone. Source: Florida Realtors Related Posts:How Much Home Equity Have You Gained? The Answer…Why the Average Homeowner Has $319K in EquityWhy So Many Homeowners Are Downsizing Right NowDo You […]
Average 30-year mortgage rate rises to 4.03%
Long-term mortgage rates rose for the first time in five weeks, and the 30-year FRM pushed above the key threshold of 4 percent. Source: Florida Realtors Related Posts:It’s Getting More Affordable To Buy a HomeMortgage Rates Hit Lowest Point So Far This YearWhat a Fed Rate Cut Could Mean for Mortgage RatesIs It Better To […]
Property tax cap heads to 2018 ballot
A Florida Realtors’ top legislative priority passed the Florida Legislature: In 2018, voters will have the power to make the 10% non-homestead property permanent. Source: Florida Realtors Related Posts:Are You Saving Up To Buy a Home? Your Tax Refund Can HelpThought the Market Passed You By? Think Again.Pre-Approval Is the Homebuying Step You Can’t Afford […]
Feb. home prices rose at fastest pace in 3 years
SandP CoreLogic Case-Shiller: Home prices rose 5.8% in Feb. – a rate many analysts say may not be sustainable – as listings hit the lowest point in 20 years. Source: Florida Realtors Related Posts:Should I Buy a Home Right Now? Experts Say Prices…Mortgage Rates Hit Lowest Point So Far This YearIs the Housing Market Going […]
Will mortgage rates below 4% spur market?
How long will 4% rates last? It could lead skittish buyers to act sooner rather than later – or shop for slightly a bigger home than they could afford in Jan. Source: Florida Realtors Related Posts:How To Buy a Home Without Waiting for Lower Rates4 Things To Expect from the Spring Housing MarketWhat a Fed […]
Mortgage rates drop below 4%
Rates that surged shortly after the presidential election have surprised experts by dropping again. This week’s average FRM, 3.97%, is the lowest since Nov. 2016. Source: Florida Realtors Related Posts:Mortgage Rates Hit Lowest Point So Far This YearHousing Market Forecasts for the Rest of 2025Why Now May Be a Key 2025 Moment To Sell Your […]
Major changes coming to credit score calculations
The changes, however, might not help mortgage borrowers since Fannie Mae and Freddie Mac still require a FICO score for eligibility. Source: Florida Realtors Related Posts:What Credit Score Do You Really Need To Buy a Home?The Truth About Credit Scores and Buying a HomeThe Credit Score Myth That’s Holding Would-Be Buyers BackHow To Buy a […]
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