If you’re planning to get a loan to buy a home, consider choosing from the mortgage lenders and servicers chosen by 4,516 homeowners interviewed by J.D. Power in its primary mortgage service…
Month: August 2010
Existing Condo Sales in Florida Surged in July
Sales of pre-owned condos in Florida increased by 11 percent in July to a total of 5,557 units, compared to the 4,991 condos sold in July last year, based on data from…
Free Foreclosure Help from New Websites of Fannie Mae and Hope Now
Here are better websites for you if you’re looking for foreclosure help. These sites are different from others as they offer a lot of options and they’re not run by private financial…
Know Your Rights as a Mortgage Applicant
You can’t be discriminated against when you apply for a mortgage. Your lender can’t ask your religion or can’t ask if you’re pregnant. Your mortgage application should be approved or rejected based…
Cheaper Home Loans from Smaller Banks and Credit Unions
Home loans are now cheaper, as mortgage rates continue to fall. According to Freddie Mac, the 4.44-percent average rate for fixed-rate 30-year mortgages on August 12 was the lowest rate recorded by…
Delinquency Rate for Home Loans Slows Down
The drop in the national default rate for home loans in the second quarter is one sign that the housing sector is starting to stabilize. According to credit bureau TransUnion, which analyzes…
More Homeowners Mean More Stable Communities
If you’re buying a home, you’re not only giving your family a more comfortable and stable life, you’re also contributing to the stability of your community. Studies cited by the National Association…
Nearly 93,000 Bank Owned Homes Added to Lists in July
A total of 92,858 residential units across the U.S. became bank owned homes in July, according to the latest report released by RealtyTrac. The total marked an increase of 9 percent over…
Ten-Month Supply of Homes for Sale in the Tampa Bay Area
It’s still a buyer’s market in the Tampa Bay area, as there’s still a ten-month supply of homes for sale in the region as of July. Based on a recent report from…
Four Costliest Mistakes by First-Time Homebuyers
Are you considering buying your first home? Then take a look at the costliest and most common mistakes committed by first-time homebuyers so you can take steps to avoid them. You want…