Mortgage Rates Drop There's great news about mortgage rates for current and near future homebuyers who will need or want to obtain a mortgage. The 30 year fixed-rate mortgage dropped to 3.54 last week from a 3.60 percent the previous week. A … [Read more...]
Easing The Mortgage Process
Temper the Frustration of the Mortgage Process Finding your next home can be very easy compared to the process of getting of mortgage. Frustrating is the word people use most often when dealing with banks and large lenders, but the process can be … [Read more...]
Is International Instability Keeping Mortgage Rates Down
International Instability Keeping Mortgage Rates Down? - Nah Most people who buy Daytona Beach and Ormond Beach homes and condos care only that mortgage rates are low. With prices being low, it's a pretty good situation right now for buyers. However, … [Read more...]
FHA Changes “Flipping” Rules to Help Investors and Market
FHA Waives 90 Day Rule for Investors Who Renovate and Sell Properties purchased for renovation or repair by investors for resale were not eligible for FHA loans until 90 days after the purchase. As of February 1, that's changing. The FHA is waiving … [Read more...]