For the week of May 11-15th, Mortgage markets were active last week, seeing a lot of action spurred on by economic reports and government announcements related to mortgage borrowers.
Tag Archive: Business
Florida, California, and Nevada Tally Half of the Nation’s Foreclosures
TweetForeclosures have pretty much dominated the nation’s newspapers and online real estate blogs since 2007. Seems it’s nearly impossible to turn on the news or open a paper without some foreclosure-related story. Interestingly, much of the nation’s foreclosure activity seems to be geographically centered. Per the folks at RealtyTrac.com, over half of the foreclosures we saw…
April 15, 2009 – It’s Tax Day, and Things Are Getting a Little Weird
Tax Day is Here! The one thing we can be certain of (besides meeting up with the Reaper – but I generally Don’t Fear the Reaper…) every year!
Winter Haven, Florida Weekly Mortgage Report: April 13, 2009
Well folks – we’re going on week 2 of a scenario where Florida mortgage markets started strong and then petered out.
Florida Mortgage Report: Week of April 6, 2009
Florida Mortgage markets were up-and-down last week as rates slipped Monday and Tuesday before roaring higher from Wednesday through the end of last week.
Florida Mortgage Market Update – April 6, 2009
The Florida mortgage market will see some activity this week. There aren’t too many scheduled economic reports to talk about this week, but don’t expect the rest of the news to be quiet.
What the Federal Reserve Did: In Plain English (March 18, 2009)
TweetFlorida mortgage rates should remain low, as the Federal Open Market Committee (FOMC) voted to leave the Fed Funds Rate right where it’s been, within the target range of 0.000-0.250 percent. That said, the Fed was far from inactive today. On plan to resurrect the economy using “all available tools,” today, Uncle Ben and company…
13 Percent of U.S. Homes Are Late Paying Or In Foreclosure – Or Not…
TweetAccording to data fudged data compiled by RealtyTrac, 1 in 8 U.S. homes were in various stages of default or delinquency at the end of 2008. This story was all over the news last week. However, it’s only half true. See, USA Today posted a 2008 Foreclosures By State heatmap last week, which reinforced an…
Winter Haven, Florida Weekly Mortgage Update: March 9, 2009
TweetLast week, we saw Winter Haven mortgage rates improve as investors once again sought refuge in safer … um “Havens!” With major stock indices reaching 12-year lows, investors are moving cash to the bond market. This, as we’ve said here before – is GREAT for mortgage rates! We’re seeing some special stuff here, folks… Mortgage…
Florida Foreclosure Law Basics – What You Need to Know
Foreclosure is something no one wants to face, but it’s all too common a situation for many Florida families today. As such, I wanted to provide a little bit of information about Florida foreclosures, how they’re structured, and where you might want to look in the unfortunate case you and your family may be facing one.
