ARCHIVED BLOG POSTS
2014
01.19.14, Pace Florida Homes for Rent in Zip Code 32561, 32563, 32566 Buyer beware: Lenders may check your Facebook page What if a buyer says he's had his current job for 10 years on a mortgage application, but his Facebook page says six months? It could cost him a home loan. Read more. Mortga...
01/19/2014
01.20.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 FHA finances improve Annual audit finds a more stable FHA. While agency added some rules and changed fees for buyers seeking a mortgage, audit finds a light at tunnel's end. Read more. Scientists creating map to predict sink...
01/19/2014
01.19.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 Buyers get extended offer period on REOs Fannie Mae and Freddie Mac's "first look" programs give buyers 20 days - up from 15 days - before investors may submit an offer on a REO property. Read more. Average rate on 30-year...
01/19/2014
01.18.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 Mortgage loan fee increases delayed In Dec., FHFA announced that it would raise mortgage fees, but the agency's new director now says he'll postpone those increases - a move praised by NAR. Read more. Tighter QM lending stan...
01/19/2014
01.17.14, Pace Florida Homes for Rent in Zip Code , 32583 Economy grew at 3.6% rate in Q3, best in 1.5 years A handful of economic reports suggest the sluggish rebound may have picked up its pace. A big drop in unemployment to five-year low surprised economists. Read more. FHA finances improve...
01/18/2014
01.17.14, Pace Florida Homes for Rent in Zip Code 32570 TD Economics: Fla. about to shift into high gear Forecast: After a six-year lag, economic expansion will help Fla. reclaim its place as a national outperformer, beating U.S. numbers "by a considerable margin." Read more. Improving U.S. eco...
01/18/2014
01.17.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 Changing conditions in Fla.’s housing market in Nov. Median price up (13.3%, single-family; 17.2%, condos), but drop in cash-only and short sales impacts closed sales. National overall median price up 9.4%. Read more. Fla. p...
01/18/2014
01.16.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 Average rate on 30-year loan rises to 4.47% Rates remain close to historic lows but could rise a bit as the market digests a slow end to the Fed program that helps keep rates low. Read more. Mortgage tax forgiveness expires ...
01/18/2014
01.15.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 TD Economics: Fla. about to shift into high gear Forecast: After a six-year lag, economic expansion will help Fla. reclaim its place as a national outperformer, beating U.S. numbers "by a considerable margin." Read more. Imp...
01/18/2014
01.14.14, Pace Florida Homes for Rent in Zip Code 32570, 32571, 32583 Blackstone becomes lender to smaller investors The company that bought hundreds of single-family homes to rent and manage like an apartment complex has decided to help smaller investors do the same thing. Read more. Apartmen...
01/18/2014
Rainmaker
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Charles Stallions Property Manager
Pensacola, Pace & Gulf Breeze Property Management