Florida Mortgage News Update from Kevin Sandridge

8:15 AM |

Home Prices Rise For The 2nd Straight Month

2011-07-22 08:47:54-04
A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May. Related posts:

The Home Price Index Shows Flat For November Home values were reported unchanged in November 2010, on average,...
Foreclosures And Short Sales Distorting “Home Price Trackers” The Federal Home Finance Agency data had home values down...
Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index? As a home buyer and/or homeowner, should you put your...

Florida Mortgage Update for the Week of July 25, 2011

2011-07-25 08:48:22-04
Mortgage markets worsened last week as the Greek sovereign debt situation came closer to final resolution, and as the U.S. housing market showed signs of life. Related posts:

Florida Mortgage Update for the Week of July 18, 2011 Mortgage markets worsened last week as concerns for the global...
Florida Mortgage Update for the Week of June 27, 2011 Mortgage markets improved again last week on a revised economic...
Florida Mortgage Update for the Week of July 11, 2011 Florida mortgage markets improved in roller coaster-like trading last week....

Facts About FHA Loans

2011-07-26 08:48:24-04
The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. "Going FHA" is more common than ever before -- but is it better? Related posts:

Get Your Applications In : FHA Mortgage Insurance Premiums Rising 0.25 Percent April 18, 2011 Beginning with FHA Case Numbers assigned April 18, 2011, mortgage...
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011 Effective for all FHA case numbers assigned on, or after,...
FHA Streamline Refi Changes : No Income, No Job Required FHA Streamline Refinance guidelines are changing. For the better. A...

There Are 22 Percent Fewer Homes for Sale Than in June 2010

2011-07-27 08:48:37-04
According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month. Related posts:

New Home Sales Drop In July — Just Like Existing Home Sales Although new home inventory actually dropped 2,000 units in July,...
New Home Sales Crater In January, Opening The Door For Deals With Builders In its monthly New Home Sales release, the U.S. Department...
As Buyer Foot Traffic Rises, So Does Homebuilder Confidence According to the NAHB, October's HMI reading of 16 is...

Pending Home Sales Rise For 3rd Straight Month

2011-07-29 08:50:13-04
Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March. Related posts: