The average interest rate for a 30-year fixed mortgage fell to 4.69 this week, beating the previous record of 4.71 recorded last December. This is the lowest average rate since tracking began in 1971. Rates for 15-year mortgages fell to
Archive of posts filed under the Financing category.
Getting an FHA loan to finance the purchase of your home or condo…
The Federal Housing Administration (FHA) offers several programs to promote home ownership, one being the FHA loan program. FHA loans are mortgages obtained with the help of the Federal Housing Administration.
$8,000 and $6,500 Tax Credit information, FAQ, and IRS forms…
Here is all the information you need to take advantage of the $8,000 and $6,500 tax credits, the Florida Homebuyer Opportunity Program, the FHA downpayment plan, and the First-time Homebuyer Tax Credit IRS Form 5405.
Fannie Mae approved condos in St. Petersburg, Treasure Island and Clearwater…
We have great news if you have been waiting to buy a condo in the St. Petersburg, Tampa Bay beaches area, and you want to finance the property with a mortgage. Fannie Mae, the federally regulated corporation that backs (or buys) loans
Buy a St. Petersburg, Tampa Bay Beaches area home or condo…
If you a first-time home-buyer, or it has been a long time since you purchased your last home or condo, you may be a little fuzzy on the steps involved in a real estate transaction. The following is a breakdown of the basic steps, from finding out how much home you can buy to getting
November real estate market update for Pinellas county, St. Petersburg area…
As we approach the final weeks of 2009 it appears we will end the real estate year on a much brighter note than in 2008. The St. Petersburg area, Pinellas county real estate market for homes and condos continues to edge closer to a balanced, or “transitional”
$8,000 first-time buyer credit extended, and now includes some homeowners…
We have great news for St. Petersburg area home buyers who ran out of time to take advantage of the $8,000 first-time home buyer credit. Originally scheduled to expire on December 1st, 2009, the tax advantage has been extended through
5 tips on how to improve your credit score…
Everyone knows that when you’re ready to buy, and finance, a St. Petersburg area home or condo, your credit score becomes all-important. Without a good credit score it becomes difficult or impossible to obtain a loan. But many people don’t realize
