Florida Mortgage News Update from Kevin Sandridge

8:32 AM |

 



 
Conforming Loan Costs Are Rising, Says Freddie Mac
 

2010-06-09 08:52:36-04
Mortgage rates in Florida may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May. Related posts:
  1. Florida Mortgage News Update: A Simple Explanation Of The Federal Reserve Statement (August 12, 2009 Edition) Florida mortgage trends are always changing, and it’s my goal...
  2. Florida Mortgage Rates Set to Rise with November 4 FOMC Press Release As anticipated, Florida mortgage borrowers should get ready for a...
  3. Florida Mortgage Update: Understanding the Federal Reserve’s Statement – December 16, 2009 Florida mortgage rates are on the rise after the December...

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Bank Reposessions Reach Record Levels For The Second Straight Month
 

2010-06-10 08:47:26-04
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year. Related posts:
  1. Florida Ranks Among Highest in Foreclosures for 13th Straight Month California, Florida, Arizona and Georgia accounted for more than half...
  2. Foreclosure Activity Slows For The First Time In Several Years According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices...
  3. Foreclosures Per Capita | February 2010 According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for...

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Florida FHA Mortgage Insurance Premiums Approved To Triple In Cost
 

2010-06-11 08:47:03-04
In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers. Related posts:
  1. What Every Florida Condo Buyer Should Now About FHA Relaxed Guidelines The FHA has recently announced a relaxation in some of...

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Florida Mortgage Rate Update for the Week of June 14, 2010
 

2010-06-14 08:47:09-04
Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates in Florida moved higher on the week. Related posts:
  1. Florida Mortgage Rate Update for the Week of January 19, 2010 This week, in holiday-shortened trading and with little economic data...
  2. Florida Mortgage Rate Update for the Week of June 1, 2010 Conforming and FHA mortgage rates rose for the first time...
  3. Florida Mortgage Rate Update for the Week of June 7, 2010 Florida mortgage rate shoppers caught another break last week as...

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Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
 

2010-06-16 08:48:38-04
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product. Related posts:
  1. Fannie Mae Tightens Guidelines On ARMs And Interest Only Products For the first time this year, Fannie Mae announced significant...
  2. Fannie Mae’s Loan Quality Initiative : Repulling Your Credit Just Before Closing A new loan quality initiative from Fannie Mae is making...
  3. Fannie Mae Update: Getting Aproved for Florida Mortgages Just Got Harder Florida mortgage borrowers be aware - Fannie Mae just tightened...

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Kevin Sandridge - Florida Mortgage Broker
Email: kevin.s@sigfunding.com   Phone:  863-604-3019   Fax: 888-496-0265




Winter Haven, FL 33884, USA

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