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Florida Real Estate


Today's Real Estate News and Advice


Mortgage Fees and Points: Did You Pay too Much?
Did you pay a point or an origination fee when getting your mortgage? How about a mortgage broker fee? Confused? David Reed has the answers. FULL STORY->

Gradual Rise in Fixed Rate Mortgage Rates Continued This Week
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.59 percent, with an average 0.6 point, for the week ending May 4, 2006, up very slightly from last week's average of 6.58 percent. Last year at this time, the 30-year FRM averaged 5.75 percent. The 30-year FRM has not been higher since the week ending June 20, 2002, when it averaged 6.63 percent. FULL STORY->

Foreclosures -- No Worries, No Vision
You may have heard that rising foreclosure numbers are not a worry. Columnist Peter G. Miller says most property owners would be wise to disagree. FULL STORY->

Hurricane Relief Extended For Mortgages
Freddie Mac is extending until the end of August mortgage-payment and consumer credit reporting based relief which was due to expire on May 1 for households in Gulf Coast disaster areas. FULL STORY->

Low Monthly Payment Key to Investing
Many people are worried about buying pre-construction dwellings a few months ago in hopes of grabbing a quick buck by flipping the dwelling once they go to settlement. What should investors be wary of? FULL STORY->

Ask Realty Times
Should brokers re-use listing photos? Must a seller respond to an offer? Can a real estate host hold an open house? Peter G. Miller looks at the week's most interesting questions for Realty Times. FULL STORY->

TREB: April Stays Strong
The resale housing market remained strong in April as 8,361 homes changed hands during the month, Toronto Real Estate Board President John Meehan announced today. The month's results represent the third-best April ever, though activity moderated by five percent compared with April of last year. FULL STORY->

Larger Balance Cash-Out Refis At 15-Year High
Home owners refinancing for larger mortgages -- for better or for worse -- may be banking on historically high rates of appreciation to financially cushion them from the added expense. FULL STORY->

"Normal" Housing Market Doesn't Affect Spending
It is taking longer to sell a house, but consumers are still spending lots of money to furnish it. FULL STORY->

Energy Efficiency and the Ontario Building Code
Should new energy conservation standards for new homes be incorporated into the building code, or will consumers voluntarily pay a premium for energy efficiency? The Ontario government is weighing its options after consulting with the public. FULL STORY->

'Perfect Balance' Spawns 'Year of The Apartment'
As the homes-for-sale market cools, rentals are heating up with faster rising rents and apartments getting more difficult to find. FULL STORY->

Rise in Late Pays Not Worrisome
A group of the real estate writers are schooled in the intricacies of housing finance, including why the expected increase in late payments and foreclosures is not abnormal. Lew Sichelman has the details. FULL STORY->

HOA Project Roll-Out
Winter and spring is the time of year that the Board should be arranging and reviewing proposals for fair weather renovation projects. FULL STORY->

College Grads: Debt Management
You're fresh out of college and into your first real job -- a position that affords you more than your weekly ration of Ramen noodles and macaroni and cheese. That's good news. FULL STORY->

Miss the Mail, Lose a Home?
Should the government be able to take your home if it knows that the foreclosure notices it mailed were never received? The Supreme Court of Arkansas said "yes" -- but last week the Supreme Court of the U.S. said "no." Peter G. Miller comments. FULL STORY->

Mining For Bargain-Basement Investments In Ely, NV
Once nearly a ghost town, Ely, NV is raising its real estate market from the dead largely because the area's major industry really, well, digs it. FULL STORY->

Smart Canadians Make May Income Tax Month
While the pain of paying income tax is still fresh, PJ Wade encourages Canadians to spend a little time in May setting up their finances to take advantage of all tax deductions, credits and programs open to them. This way they'll keep more of their 2006 earnings and have a pleasant April in 2007. FULL STORY->

Housing Choices Help Roll Back Cost Of Gas
Transit oriented development allows you to live nearer necessary destinations and gives you more transportation options. That means you'll spend less money on the growing cost of gasoline. FULL STORY->

Making Moving Simple and Organized: It Can be Done!
For many people moving is one big headache, but with some helpful tips from a professional organizer -- its a breeze! FULL STORY->

Title Insurance Pricing, Kickbacks Criticized on Capitol Hill
Federal and state regulators and consumer groups charged that "shell" joint ventures and excessive pricing in the title insurance industry cost consumers millions annually. HUD hints at new moves against title-related affiliates. Title and realty groups defend affiliated business arrangements as "one stop" shops beneficial to consumers. Ken Harney reports. FULL STORY->

Housing Counsel: IRS Monitoring Starker Exchange
What can you do with the investment property you have obtained by way of a Starker exchange? Does the IRS check on these transactions? FULL STORY->

More Real Estate News and Advice...
 








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