February 2010 - Posts
WASHINGTON – Feb. 22, 2010 – According to the January Realtors® Confidence Index, buyers continue to be discouraged with short sales, resulting in foreclosures that could have been prevented. “Our members report that short sales
Read More...
TAMPA, Fla. – Feb. 23, 2010 – With so many distressed homeowners owing more than their homes are worth, short sales have become lifelines. These types of sales make up more than half of the homes on the market in the Tampa Bay area. Generally,
Read More...
McLEAN, Va. – Feb. 12, 2010 – Rates on 30-year fixed mortgages fell slightly this week, dipping below 5 percent, the mortgage financier Freddie Mac said Thursday. The average rate on a 30-year fixed mortgage was 4.97 percent this week, down
Read More...
ORLANDO, Fla. – Feb. 9, 2010 – Selling a property in this tough market can seem like a challenge. Here are four factors that actually make this a good time to post a For-Sale sign: • Sell low and buy low. Because all property values are
Read More...
WASHINGTON – Feb. 2, 2010 – Effective yesterday, the Federal Housing Administration (FHA) started providing mortgage insurance for some home purchases in which the seller bought the property and held it for less than 90 days. The agency changed
Read More...
Treasury officials said Thursday that starting June 1, borrowers will be able to submit a streamlined package of documents, including two pay stubs, to qualify for the Obama administration Making Home Affordable loan modifications. If borrowers make their
Read More...