HOMEBUYERSSome programs for first-time buyers still offer slightly more lenient underwriting standards that make it easier to get into a home, or discounted interest rates that make homeownership more affordable. But it's harder to find first-timer mortgages today.Read the full story:http://click
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04/30/2008
FORECLOSURESThe number of homes in some stage of the foreclosure process rose again in the first quarter, according to RealtyTrac. And while Florida had a number of cities near the top of the list, California and Nevada landed the top spots. Stockton, Calif., ranked No. 1, with one out of every 3
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04/29/2008
Consumer advocates claim Countrywide has not been responsive enough to homeowners struggling to make mortgage payments, and that Bank of America needs to do more when it takes over the troubled lender. The Fed is currently investigating the allegation, as it must do under the law, to make sure co
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04/28/2008
FORECLOSURESThe Bush administration "strongly opposes" Democrats' housing rescue package, an official announced yesterday, calling it a bailout that would expose taxpayers to excessive risk. Among other things, the plan would relax FHA standards for at-risk homeowners seeking an FHA loan.Read the
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04/25/2008
NEW HOME SALESNew home sales were down again in March by 8.5 percent, with the median price 13.3 percent lower than in March 2007.Read the full story:http://click.email.floridarealtors.org/?ju=fe5d1d747d66017f7114&ls=fdfa1570756c037e70167573&m=feff1070756103&l=fecc177274660379&s=fe2515757266017b7
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04/24/2008
SUBPRIME MORTGAGESEfforts to help struggling borrowers are falling short, according to a report from the State Foreclosure Prevention Working Group, which found that 70 percent of homeowners at least two months behind on their mortgage payments still aren't getting help. The number of homeowners
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04/23/2008
April 22, 2008 - Florida Realtors® statewide reported slight gains in existing home and condominium sales from February to March 2008, according to the latest housing statistics released by the Florida Association of Realtors (FAR). A total of 9,142 existing single-family homes changed hands in M
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04/22/2008
PROPERTY INSURANCEHeaded into the final two weeks of the legislative session, several property insurance bills winding through the state House and Senate are like hurricanes - they're moving slowly, gaining speed and could hit homeowners hard.Read the full story:http://click.email.floridarealtors
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04/22/2008
MORTGAGE RATESRates on 30-year mortgages were unchanged this week at an average of 5.88 percent, where they've been for the past three weeks; however, other rates showed declines, according to Freddie Mac's weekly nationwide survey.Read the full story:http://click.email.floridarealtors.org/?ju=fe
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04/18/2008
MORTGAGE RATESRates on 30-year mortgages were unchanged this week at an average of 5.88 percent, where they've been for the past three weeks; however, other rates showed declines, according to Freddie Mac's weekly nationwide survey.Read the full story:http://click.email.floridarealtors.org/?ju=fe
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04/18/2008
