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Archive for August, 2007

Florida Mortgage Rates Drop Slightly This Week

Friday, August 31st, 2007

Key Florida mortgage rates declined slightly over the past week, but other products showed slight gains, Freddie Mac reported Thursday. (more…)

Daytona Beach Home Prices, Sales Down

Friday, August 31st, 2007

Daytona Beach area home sales are slowing down. And getting worse. (more…)

Florida Mortgage Defaults Cover All Income Brackets

Friday, August 31st, 2007

The spate of foreclosures across Florida is not limited to certain regions or income brackets. (more…)

What to Ask a Florida Real Estate Agent

Friday, August 31st, 2007

Choosing the right real estate agent is a vital part of the home buying process. As you review Florida mortgage options, remember the following questions to ask of any potential Realtor… (more…)

Florida Mortgage Loan Applications Decline Again

Thursday, August 30th, 2007

Florida home loan applications fell for a second straight week, reflecting a drop in demand for home purchases and refinancing even as mortgage interest rates sank, an industry group said Wednesday. (more…)

Palm Beach County Home Prices Continue to Fall

Thursday, August 30th, 2007

Twenty months and counting.

Sales of existing homes in Palm Beach County slipped in July as they have ever since December 2005.

That dismal trend isn’t likely to change soon as lenders across the region make it tougher for consumers to qualify for Florida mortgages. (more…)

A Farewell to Adjustable-Rate Florida Mortgages

Thursday, August 30th, 2007

Consumers are shunning adjustable-rate Florida mortgages in droves as rates surged to levels not seen in over six years, data from an industry trade group showed yesterday. (more…)

Florida Realtors: Sales Down, Great Time to Buy

Thursday, August 30th, 2007

With positive economic conditions such as low Florida mortgage rates and job growth continuing in the state, sales of existing single-family homes totaled 11,674 in July and were closer to activity in July 2001 and 2002 – before the housing boom years – than the July 2006 figures. (more…)

Sales Drop in Broward County. Again.

Wednesday, August 29th, 2007

Three years and counting. (more…)

Secondary Market Makes a Mess of Florida Mortgage Market

Wednesday, August 29th, 2007

A weakening of the secondary market for Florida mortgages is putting further pressure on a slowing real estate market. (more…)