The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced out of the market – a threat to the fragile recovery in the housing market. And if you wanted to refinance at [...]
Blog
Archive for April, 2010
Mortgage rates on the rise!
Wednesday, April 28th, 2010Short Sale
Saturday, April 24th, 2010With so many distressed homeowners owing more than their homes are worth, short sales have become lifelines. Short Sale means the mortgage lender has agreed to allow the home to sell for market value. The lender writes off the rest of the debt, and the homeowner walks away. But is it really this simple? Lenders [...]
Do new home-appraisal rules help?
Wednesday, April 14th, 2010More homebuyers will soon find that their mortgage broker can’t select an appraiser, part of a federal effort to ensure that appraisers aren’t pressured to inflate home values. Effective Feb. 15, mortgage brokers will no longer be able to order appraisals on loans insured by the Federal Housing Administration (FHA). For consumers, that is supposed [...]
Extended tax credit for Military
Thursday, April 8th, 2010Special Rules for Members of the Military, the Foreign Service and the Intelligence Community Congress has acknowledged the unique circumstances affecting members of the military, the foreign service and the intelligence community by making the following exceptions that apply to both the $8,000 tax credit for first-time home buyers and the $6,500 tax credit for [...]
Windermere Stats as of April 1, 2010
Friday, April 2nd, 2010As of April 1, 2009 : There are currently 454 HOMES for Sale listed in our MLS system ranging from $164,900 for a 3 bed/2 bath in Lakes of Windermere to $14,999,900 for a 6 bedroom/8 bathroom home on the Butler Chain of Lakes. There are 49 Condominiums/Towhomes for Sale in the MLS ranging from $95,000 for a 3 bed/2 [...]
Hunters Creek Stats as of April 1, 2010
Friday, April 2nd, 2010Hunter’s Creek offers a combination of condominiums, townhomes and single family homes. Here is a brief snapshot of the current state of the market: As of April 1, 2010 : There are currently 189 HOMES for Sale listed in our MLS system ranging from $41,000 for a 3 bed/1 bath in Sky Lake to $599,000 for [...]
Celebration Stats as of April 1, 2010
Thursday, April 1st, 2010Celebration offers a combination of condominiums, townhomes and single family homes. Here is a brief snapshot of the current state of the market here in Celebration. As of April 1, 2010 There are currently 126 HOMES for Sale listed in our MLS system ranging from $220,000 for a 3 bed/2 bath in North Village to $4.5 [...]
USDA mortgage program runs out of money
Thursday, April 1st, 2010WASHINGTON – March 31, 2010 – A no-down/low downpayment program for rural areas is running out of operational money, jeopardizing sales in some Fla. areas. Last week, the United States Department of Agriculture (USDA) announced that funding authority for its popular Rural Housing 502 Single-Family Loan Guarantee program would, according to its notice, “likely be [...]
©2012 Simply Florida Real Estate. All Rights Reserved.
Serving Osceola, Orange, Lake and Polk Counties | Licensed in Florida
Maintained by TCP Global Solutions.
