Share Is the worst behind us? We think so. Record low interest rates, at an average of 3.89 percent for a 30-year fixed mortgage, are fueling the trend toward an increase in mortgage applications, stabilizing prices and lower inventory. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January [...]
Share Bank of America is offering Florida homeowners between $5,000 and $20,000 to short sale their homes rather than allowing them to be foreclosed on. To be eligible you must submit your short sale for approval to the bank by November 30, 2011, and the property must not have any offers already pending. Closing must occur [...]
Share 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
Share 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.
Share 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.
|
|
