Emma Reichert's (Florida New Construction Rebate Program) Blog

  Long Term Mortgage Rates go on Almost Unchanged..... McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.46 percent with an average 0.5 point for the week ending September 6, 2007,...

Here is a link to my weekly "REAL ESTATE NEWS CHANNEL":Click Here This week's segments are full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.Some of the topics covered this week are:Real Estate Outlook - Despite a steady s...

Should We Tax Homes By The Square Foot?by Peter G. MillerSpeaking in Bloomfield Hills, Rep. John Dingell (D-MI) said that he is preparing to introduce a bill that if passed would end mortgage-interest write-offs for homes with more than 3,000 sq. ft. of living space.  This is a frightening idea, ...

Former Subprime Leader Ameriquest ClosesBy GARY GENTILE, AP Posted: 2007-09-01 00:26:22 LOS ANGELES (AP) - Ameriquest Mortgage Co., once the nation's largest subprime lender, will close with barely a whimper, after the other assets of its parent company were sold Friday to Citigroup  Inc. Ameriqu...

Bush Unveils Modest Mortgage ProposalsBy MARTIN CRUTSINGER, AP Posted: 2007-08-31 21:21:27 WASHINGTON (AP) - President Bush  on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks. The...

NEW YORK (CNNMoney.com) -- Some of the nation's most overheated housing markets may be cooling off to more reasonable levels following their unprecedented run-up in the first half of the decade.See the list for yourself:http://realestate.aol.com/gallery/overvalued-markets

Foreclosure Scams.........Beware As foreclosure rates rise, evidence from parts of the country indicates the number of rescue scams may be increasing. According to Alison Preszler, a spokeswoman for the Council of Better Business Bureaus, the BBB for Clearwater, Florida, received 508 complaints a...

  GreenPoint Closing- Leaving 40 unemployed in TampaLayoffs have now begun on GreenPoint Mortgage Funding centers throughout Florida, including 40 who are being let go from the company's Westshore Boulevard location. Last week, Capital One Financial Corp. (NYSE: COF) told investors it was closing...

Here is a link to my weekly "REAL ESTATE NEWS CHANNEL":Click Here This week's segments are full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.Some of the topics covered this week are:Real Estate Outlook - We're looking at a...

Selling Your Home in a Slumping Market  If you find yourself having to sell into a slow market, here are some tips to help you make your home more attractive and sweeten the deal to generate more interest in your home:•·         Price it to the market, don't be greedy. •·         Obtain an apprai...