Sales of new homes surged in April by the biggest amount in 14 years in the U.S., although the median price of a new house also dropped by the largest amount on record. (more…)

Most industry watchers agree that Florida home prices will continue to slide before they recover - but now some economists say they’ve got a long way to fall before bouncing back. (more…)

Average mortgage interest rates on 30-year Florida home loans rose in the latest week to their highest since late October 2006, according to a weekly survey. (more…)

Struggling to make Florida mortgage payments on time? Aren’t we all. Now, however, you can at least earn some extra perks for your troubles. (more…)

Flagler County’s claim to fame used to be Exit 284 - where I-95 runs closer to the Atlantic Ocean than at any other exit from Maine to Miami. (more…)

No money will be asked for by the Martin County Commission for the long-awaited affordable housing program because of the uncertainty caused by state proposals to reduce property taxes. (more…)

The debate over how to deal with a surge in defaults on home loans is raising a question that consumers ought to consider: Is my Florida mortgage broker really working for me? (more…)

Sarasota County’s impact fees could become the second most expensive in the Florida housing market by the end of the summer. (more…)

Use of unverified income data in making Florida mortgage loans to borrowers with poor credit histories should be the exception rather than the rule. (more…)

If you have a Florida reverse mortgage, you know that the interest is added to the loan balance each year but is not paid until the home loan is paid off, usually at maturity or when the home is sold. (more…)