Recently, during the month of June, mortgage interest rates moved into the 4 percent range. This is higher than it’s been in the last several months, in which prospective home buyers all across the nation have seen rates drop as low as 3.25 percent. So with interest rates rising again, how exactly is this going […]
Category Archives: Mortgage News
South Florida Real Estate Market Showing Signs of Rebound and Growth
Report: Fewer Homes for Sale Available on the South Florida Real Estate Market
Available homes for sale on the South Florida real estate market have decreased significantly year-over-year, according to a recent article I read. The Palm Beach Post reported that the available inventory of homes for sale was down 34 percent in September when compared to September 2011. This is fantastic news for South Florida home sellers […]
More South Florida Home Buyers Are Using Cash to Purchase South Florida Homes for Sale
As it has become increasingly difficult to get a South Florida mortgage in recent years, more South Florida home buyers are using cash to purchase homes, according to recent real estate market data. According to the National Association of Realtors, about 28 percent of 2010 home sales involved all-cash transactions. This trend appears to be […]
New Fannie Mae Condo Guidelines Toughening Condo Lending
By Guest Contributor James Venney Private Mortgage Banker, Homeservices Lending I believe that most clear minded individuals would agree that given the fact that the Federal Government controls Fannie Mae that a coordinated effort could be made to relax those underwriting guidelines that will enable more well qualified buyers to obtain financing to buy a […]
Housing Market Outlook By Homeservices Of America, Inc. a Berkshire Hathaway Affiliate
“Housing Is A Primary Goal for Americans” Ron Peltier, President and CEO of the Holding Company, Homeservices of America Inc. speaks about the Nations housing and Lending situation. Homeservices of America, Inc. is a Berkshire Hathaway Affiliate which owns South Florida’s EWM, and the second-largest full service independent residential real estate brokerage firm in the […]
South Florida Mortgage Market Update!
Educating South Florida Real Estate Consumers One of the primary goals for the Buy South Florida Real Estate Blog is to be a valuable resource for the South Florida real estate market. From time to time, I will invite market experts to write a post providing you important updates on these experts’ area specialties. For […]





