Mortgage applications fell throughout the state last week, weighed down by a plunge in demand for Florida mortgage refinancing as home loan rates reached seven-month highs. (more…)
Florida home mortgage applications fell for the first time in four weeks, weighed down by sagging demand for home purchase loans. (more…)
Are you considering a cash-out Florida mortgage refinance? Comparing it with the option of a home equity line of credit (HELOC)? (more…)
Home loan applications rose across the state for the third straight week, driven by demand for both purchase and Florida refinance activity. (more…)
In the boom years, home buyers bought their Florida dream - and with clever home loans that kept early payments low, it was a bigger dream than ever.
But some folks might have missed the oh-so-common catch: low payments now mean high Florida mortgage payments later.
Here’s a question from a current homeowner: Three years ago we bought our present house for $172,000 with a $35,000 down payment. At the time we did not think that we would be in the house more than three years, so we financed it with a five-year balloon mortgage.
Applications for new Florida mortgages increased 0.6 percent last week on higher demand for loans to buy a home, an industry trade group reports.
As we’ve been reporting for a couple weeks now, mortgage lenders across the country and within the Florida housing market are reacting to the troubles caused by subprime lending.
Banking regulators may push more homeowners into foreclosure by making it tougher to refinance Florida mortgages, said Angelo Mozilo, head of the largest U.S. home-loan lender.
Florida mortgage applications fell for the fifth consecutive week, which reflects a drop in demand for home purchase loans across the Sunshine State as well as for home loan refinancing.
