Foreclosures 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 in [...]
Florida Mortgage News, Information, and Insights for Today's Educated Borrowers
Tag Archive: Mortgage
Florida, California, and Nevada Tally Half of the Nation’s Foreclosures
Winter Haven 203(k) Rehab Loans – Part 2: Eligible Properties
In part one of this Winter Haven 203(k) Rehab Loan series, we talked about some of the basic components of the FHA 203(k) Rehab Loan. This post provides some basic insight into the types of properties eligible for this program.
Winter Haven 203(k) Rehab Loans – The Basics: Part 1
A 203(k) Rehab Loan is one of the very best mortgage programs to use when purchasing Winter Haven, Florida foreclosed or bank owned properties.
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 Winter Haven Homeowners Should Know About FHA Streamline Refinance Loans
Winter Haven, Florida homeowners face many reasons to refinance their mortgage loan. Bills never stop coming in, and high mortgage payments often push otherwise solid borrowers into very difficult situations. Are you in this predicament? Do you need a way to lower your mortgage payment? If so, then take it! It’ll do you and your [...]
Winter Haven, Florida Weekly Mortgage Update: March 23, 2009
Winter Haven, Florida mortgage markets rallied to near record lows last week, thanks to the Federal Reserve’s pledge to buy $750 billion more mortgage-backed bonds in 2009.
A Closer Look at the Making Home Affordable Modification Program
The Florida mortgage landscape may shift a bit here shortly as the Obama’s home affordable modification program, titled “Making Home Affordable,” sets to take hold on April 4, 2009.
Florida Mortgage News – The Week Ahead: March 16, 2009
While the stock market rallied – posting its biggest gains since November – Florida mortgage rates climbed a bit; showing us once again that as money flows back into riskier stock investments, it flows away from mortgage bonds and thus, rates rise.
13 Percent of U.S. Homes Are Late Paying Or In Foreclosure – Or Not…
According 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 all [...]
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