parkland: With The Jobs Report Looming, Mortgage Rates May Rise
- 09/01/11 02:43 AM
With The Jobs Report Looming, Mortgage Rates May Rise
If you’re shopping for a mortgage rate, today may be a good day to lock one down. That’s because Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report for August 2011.
The “jobs report” tends to have a big influence on mortgage bonds and mortgage rates in Parkland FL.
With The Jobs Report Looming, Mortgage Rates May Rise
The jobs report is a monthly issuance, providing sector-by-sector analysis of the U.S. workforce. It also report the national Unemployment Rate.
Wall Street expects the August Non-Farm Payrolls data to … (1 comments)
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parkland: Pending Home Sales Slip In July; Creates Buyer Opportunity
- 08/30/11 02:33 AM
Pending Home Sales Slip In July; Creates Buyer Opportunity After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. The monthly report is published by the National Association of REALTORS® and measures the number of home under contract to sell nationwide.
The Pending Home Sales Index is closely watched by Wall Street and analysts because it’s a forward-looking housing market indicator. Unlike most housing market data, though, Pending Home Sales forecasts a future housing market event. In this case, the Existing Home Sales report.
In its methodology, the Pending Home Sales Index states that 80% … (0 comments)
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parkland: How To Weatherize Your Home With Caulk
- 08/29/11 05:02 AM
How To Weatherize Your Home With Caulk
How To Weatherize Your Home With Caulk
With seasons changing, it’s a good time to look at weatherizing your home. Whether you live in a single-family home, a multi-family property, or a condominium, your home has windows and, through those windows, air escapes.
Even with your windows closed.
In this brief tutorial from Lowe’s, you’ll learn how to use caulk to seal the gaps between your windows and doors and their respective framing to keep your home’s inside air in, and the outside air out.
How To Weatherize Your Home With Caulk
Weatherizing … (0 comments)
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parkland: Mortgage Rates Bounce Off All-Time Lows; The Start Of A Trend? Parkland Florida Homes
- 08/26/11 02:53 AM
Parkland Florida Homes.
Low mortgage rates are terrific — if you can get them on Parkland Florida Homes.
One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this week to 4.22%. To get the rate, you’ll pay an average of 0.7 “points”.
This week’s rise in the 30-year fixed rate mortgage pulled rates off their all-time lows so either you locked last week’s rock-bottom rates, or you missed it.
Mortgage rates are rising on Parkland Florida Homes.
As a refinancing … (0 comments)
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parkland: Ranking The Best Places To Live In The U.S. (2011 Edition) – What number is Parkland?
- 08/25/11 04:27 AM
CNNMoney recently released its Best Places To Live 2011 list.
Parkland is number????
Coral Springs is number ?????
The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the country’s best “small towns”.
To be eligible, towns must be have a median household income greater than 85 percent, and less than 200 percent of the state median income; must not be a categorized as a “retirement community”; and must be racially-diverse.
From a list of 3,570 … (0 comments)
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parkland: New Home Supplies Remain Flat; Builders Not Over-Extending
- 08/24/11 03:39 AM
New Home Supplies Remain Flat; Builders Not Over-Extending
Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.
The supply of new homes, however, remained flat.
New Home Supplies Remain Flat; Builders Not Over-Extending
July’s 6.6 months of supply equaled June’s tally and remains near the multi-year low of 6.5 months set in May of this year. The figures suggest a new home market that’s finding its balance.
Builders are building to meet demand, and not much more.
New Home Supplies Remain Flat; … (0 comments)
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parkland: Existing Home Sales Slip In July
- 08/23/11 03:00 AM
Home resales slipped in July.
According to the National Association of REALTORS®, Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.
An “existing home” is a home that’s been previously occupied or owned.
Existing Home Sales Slip In July
In addition, the Existing Home Sales report showed home supplies rising nationwide. At the current pace of sales, in other words, the complete, national “For Sale” inventory would be exhausted in 9.4 months. This, too, is the … (0 comments)
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parkland: Make Better-Tasting Food On Your Grill in South Florida
- 08/22/11 05:02 AM
Labor Day is nearing; the unofficial end of summer across South Forida. Broward County Schools have opened today. If you are among the many Americans planning an end-of-season barbecue, you’ll want to make sure your grill is clean.
A clean grill makes better tasting food in South Florida.
There are several ways to clean a grill but, for owners of gas grills, the first step always is to disconnect the gas source.
Next, open your grill and remove its metal pieces. This includes grates, trays and flame guards. Take these pieces to your kitchen. If the oven has a self-cleaning mechanism, place … (0 comments)
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parkland: Parkland Golf & Country Club
- 08/21/11 02:12 PM
Parkland Golf and Country Club
The wait is over! New Construction. Toll Brothers has taken over Parkland Golf and Country Club and reduced the fees by $200-$300. Now is the time to buy! Home prices starting in the mid 400’s. Get in early to pick your lot, colors, and upgrades. Call Jon Klein at 954-415-5595 or email jon@jonklein.com for current floor plans and pricing.
This luxury gated community is situated on approximately 790 acres and offers an exclusive, amenity-rich lifestyle. Featuring a lushly landscaped entrance. Exquisitely designed homes, botanical gardens, and unparalleled amenities embody the South Florida lifestyle.
… (0 comments)
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parkland: Mortgage Rates Don’t Move With The Fed Funds Rate
- 08/19/11 03:00 AM
Mortgage Rates Don’t Move With The Fed Funds Rate Last week, at its 5th scheduled meeting of the year, the Federal Open Market Committee voted to leave the Fed Funds Rate in its target range near zero percent.
The Fed Funds Rate has been near zero percent since December 2008 and, in its official statement, the FOMC pledged to leave the Fed Funds Rate untouched for at least another 2 years.
Mortgage Rates Don’t Move With The Fed Funds Rate
This doesn’t mean mortgage rates will be untouched for 2 years, though.
Mortgage Rates Don’t Move With The Fed Funds Rate … (0 comments)
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parkland: What Perks Does Your Favorite Credit Card Offer?
- 08/18/11 02:46 AM
What Perks Does Your Favorite Credit Card Offer?
Last week, the Federal Reserve pledged to leave the Fed Funds Rate near 0.000 percent until at least mid-2013. For credit card holders in Florida who carry a monthly balance, this is good news. Because of the Fed’s call, credit card rates are unlikely to rise before mid-2013.
But cardholders can save on more than just interest costs, as you’ll learn from this two-and-a-half minute piece with NBC’s The Today Show. In the interview, you’ll hear about “built-in” perks offered by most credit cards and ways by which you can save on everyday goods … (0 comments)
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parkland: Strong Job Growth In July Trumped By Credit Downgrade
- 08/16/11 10:19 AM
More Americans are getting back to work.
The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and surprising Wall Street investors.
In addition, May and June’s originally-reported figures were both revised higher:
May 2011 was revised higher by 28,000 jobs June 2011 was revised higher by 28,000 jobs The national Unemployment Rate slipped to 9.1 percent.
The jobs report’s strong readings would typically be a boon to stock market and a threat to mortgage rates. This is because more employed Americans means more disposable income spent on … (0 comments)
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parkland: Foreclosures Sink To 4-Year Low
- 08/16/11 10:19 AM
Foreclosure activity continues to slow.
According to RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings nationwide fell 35 percent as compared to July 2010, a statistic suggesting that the housing market continues to improve.
"Foreclosure filing" is a catch-all term encompassing default notices, scheduled auctions, and bank repossessions.
Filings fell to a 44-month low in July 2011.
Foreclosures Sink To 4-Year Low
For all the improvement, though, activity remains concentrated in just a few states. More than half of all bank repossessions last month occurred in just a handful of states.
In July, 6 states accounted for 52% of activity.
… (0 comments)
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parkland: Parklandfloridahomes.net
- 08/16/11 10:17 AM
If You're A Landlord, You Need A Landlord Insurance Policy
The ranks of the landlords are growing. Along with an increasing number of "accidental landlords", real estate investors now account for close to 20 percent of all home resales, according to the National Association of REALTORS®.
If you plan to buy a rental property in Parkland , or to convert your current residence for long-term rental, make sure your home is properly insured.
parklandfloridahomes.net
If You're A Landlord, You Need A Landlord Insurance Policy
A landlord insurance policy typically covers the home itself; the owner's possessions in the home; structures on … (0 comments)
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With The Jobs Report Looming, Mortgage Rates May Rise 
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