For the third week, 30-year fixed-rate mortgages, the most popular choice among home buyers, averaged at or below 4 percent, Freddie Mac reports. Here’s a the scoop on mortgage rates for the week ending Nov. 17. · 30-year fixed-rate mortgages: averaged 4 percent with an average 0.7 point, r
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11/18/2011
30 Year Fixed Rates Drop Below 4% This Week.. Here’s the scoop on mortgage rates for the week ending Nov. 10: 30-year fixed-rate mortgages: averaged 3.99 percent with an average 07 point, down from last week’s 4 percent average. The last time the 30-year fixed-rate mortgage dropped below 4 perc
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11/11/2011
Banks are now offering incentive to struggling homeowners to short sale their homes in Florida. Just last month, Bank of America quietly began a Florida-only campaign that gives homeowners up to $20,000 for a short sale rather than letting their homes linger 676 days of the Florida foreclosure pr
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11/11/2011
About 84 percent of Florida foreclosures are more than 18 months in arrears. In January 2010, just 19 percent of Florida’s foreclosures were 24 months or more delinquent. A new report from Jacksonville-based LPS Applied Analytics found that as of September, 56 percent of Florida’s mortgages in fo
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11/11/2011