The U.S. Supreme Court ruled Tue. that property owners can file a lawsuit against the U.S. Army Corp of Engineers if they disagree with its land-use decisions. Source: Florida Realtors Related Posts:Are These Myths About Buying a Newly Built Home…A Second Home Might Be the Missing Piece in Your…Buying a Home May Help Shield You […]
Banks rush to offer 3% downpayment loans
If one major bank starts to offer 3% downpayment loans, others often follow. So far, Wells Fargo, Chase and BofA are offering non-FHA, low-downpayment products. Source: Florida Realtors Related Posts:How To Buy a Home Without Waiting for Lower RatesThis May Be the Best Time To Buy a Brand-New HomeDon’t Let Unrealistic Pricing Cost You Your […]
NAR: Pending home sales at a 10-year high
Consumers are buying homes. NAR’s monthly gauge of homes under contract rose for the third straight month in April to a level not seen since Feb. 2006. Source: Florida Realtors Related Posts:The $280 Shift in Affordability Every Homebuyer Should KnowMortgage Rates Hit Lowest Point So Far This YearHow To Make Sure Your Sale Crosses the […]
Credit score problems still haunt Americans
The first thing buyers should do? Check credit scores. CFPB says that a lot of consumers still complain about mistakes and trouble with getting them corrected. 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 […]
Free credit scores becoming the norm
Many credit cards now give customers access to their FICO score, and Discover says it will start to provide the score to everyone – whether a customer or not. 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 […]
FHA may be reopening doors to condo financing
At one time, FHA offered “spot” condo loans even if a complex wasn’t certified, and while those may or may not be coming back, some changes are in the works. Source: Florida Realtors Related Posts:Why a Condo Could Be Your Perfect First HomeYour House Didn’t Sell. Here’s What To Do Now.What a Government Shutdown Really […]
Fed may be wedded to a June rate hike
Few experts thought the Fed would raise interest rates in June but that changed yesterday. An interest rate increase would directly impact ARMs and indirectly FRMs. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesHow To Buy a Home Without Waiting for Lower RatesMortgage Rates Are Stabilizing – How That […]
Fla. will appeal State Farm policy ruling
A circuit court ruled that State Farm doesn’t have to submit its policy-count totals to the state, but Fla.’s new insurance commissioner says he’ll file an appeal. Source: Florida Realtors Related Posts:Home Insurance Costs Are Rising: What Buyers Should Plan ForWhat You Need To Know About Homeowner’s InsuranceThe Benefits of Using Your Equity To Make […]
Supreme Court focuses on incorrect online data
The U.S.’s top court ruled that consumers may challenge incorrect data provided by websites in court – but they must prove actual harm to succeed. Source: Florida Realtors Related Posts:Only an Expert Agent Can Give You an Accurate Value…Are These Myths About Buying a Newly Built Home…Online Home-Buying Search Terms Recently Hit 2-Year HighThe Secret […]
Rising prices could increase mortgage rates
Cheap gas currently keeps U.S. inflation in check, but that won’t last forever as rents rise. And when inflation returns, mortgage rates usually move higher. Source: Florida Realtors Related Posts:Buying a Home May Help Shield You from Inflation2026 Housing Market OutlookThe Real Benefits of Buying a Home This YearWe Are Testing Production Newsletter
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