Posts Tagged "real estate"
– What do buyers want in a lender? Simplicity Survey: Two out of three U.S. buyers had a positive mortgage loan experience, but only 56% of Fla. buyers gave the process a similarly positive rating. Mortgage credit a bit easier to get in Feb. Monthly Mortgage Bankers Assoc. survey...
– The list: 2013’s biggest mortgage lenders Wells Fargo maintained a stranglehold on the No. 1 spot, closing 19 percent of all U.S. home loans last year. At No. 2, JPMorgan Chase did half that much. Many renters, landlords don’t understand rental laws Zillow survey: On average, renters (47%)...
– Want an interest-only mortgage? Go to a credit union A credit union focuses on members’ needs, and some of have started creating unique low-risk products, such as an ARM that adjusts only once after 15 years. Fannie Mae: Housing recovery "expected to press on" While attitudes about housing...
– U.S. terrorism risk insurance expires in 2014 Congress passed the Terrorism Risk Insurance Act after 9/11, but it expires this year. Without an extension, commercial coverage could get a lot more expensive.
– CoreLogic: 4M homes achieve positive equity in 2013 In Fla., 28.1% of homes with a mortgage were underwater, with No. 1 Nev. at 30.4%. An additional 3.6% of mortgaged Fla. homes are barely above water. Fla.’s Realtors applaud House passage of flood insurance bill
– U.S. House repeals some flood insurance hikes Supporters say the bill offers relief to homeowners burdened by excessive premiums while ensuring the NFIP stays solvent; it passed with bipartisan approval. Homebuying experience improving for Hispanics TD Bank’s Mortgage Service Index survey: 68% of Hispanics this year ranked their...
– Governor touts Realtors’ No. 1 issue in session kickoff The governor’s speech, which marked the start of the 2014 Legislature, focused on tax cuts, including a reduction in the sales tax charged on commercial leases. Average new home size up 11% since 2009 The average size of a...
– S. Fla. deadline for SBA disaster loans: March 31 Broward, Glades, Hendry, Martin, Okeechobee and Palm Beach county businesses and homeowners hurt by Jan. 9-10 storms could qualify for low-interest loans. NAR: Pending home sales steady in Jan. The index of homes under contract but not closed rose...
– Developers less optimistic about multifamily housing But the drop in builder confidence focuses more on problems with financing and a shortage of labor than a drop in renter demand. Big investors bought less real estate in Jan. RealtyTrac: Fla. cities had fewer big investors that buy 10-plus homes...
– Coalition wants Fla. housing money used for housing An affordable housing coalition that includes Florida Realtors issued a report and challenged the Fla. Legislature to fully fund its housing programs in 2014. Fla. cities tops in nation for home price increases Black Knight Financial Services: The rebound is...
