The 011915 Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News
By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily Hot Sheet of Palm Beach Real Estate & FL Realtor News Monday, January 19, 2015 TODAY'S TOP STORIES Lower gas prices = lower mortgage rates Lower oil prices mean lower inflation, which pushes down mortgage rates. The gas price drop should help any buyer who doesn't live in a major oil-producing region. Read more. Buyers turning to credit unions for mortgages Credit unions have quadrupled market share since 2006. Navy Federal Credit Union, which serves military families, had generated almost $20B as of Sept. Read more. Homeownership rate, home prices no longer linked Historically, a drop in mortgage rates made ownership more affordable, and demand spiked - but that relationship has been off kilter since the Great Recession. Read more. No further FHA fee reductions being c...
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