mortgage fl: What To Know About Florida Mortgage Rates - 05/23/11 05:47 AM
Buying a house can be stressful. However, knowing what you are getting into, what is required, and what the expectations are should help make the process easier. This is especially true when finding the best Florida mortgage rates. Many factors can affect how much an individual will qualify for so knowing where you stand in advance can give an individual the upper hand.The first thing to be aware of is the credit report as well as the score. There are many factors that can affect a score and clearing any negative marks against a record can help raise the score to … (0 comments)

mortgage fl: Florida Mortgage Information - 09/02/10 03:58 AM
With the value of homes in the United States falling by at least a third between 2006 and 2009, more and more homeowners are defaulting on their mortgage payments. This is because the value of their homes, instead of the normally anticipated value appreciation, has now become worth so much lesser than the mortgage. In Florida, particularly in Miami, homes are now worth around 49% less than their expected value, as gleaned from the Home Price Index. While others default on mortgage payments simply because they could not afford it any more, some have defaulted on their payments as a strategic … (0 comments)

mortgage fl: Various Contexts about Florida Mortgages - 09/02/10 03:40 AM
Florida mortgages are loan arrangements; they're loan arrangements that require the borrower to put up interests in real estate that they own or will own, in order to secure the loan. What this does is place certain restrictions on what both the lender and the borrower can do about the property (as opposed to what the outright lone owner would be able to do with the property, had that owner paid for the real estate in full, in liquid funds). In the United States, these mortgages and the general area of finance that these loan arrangements exist in, is heavily regulated.
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