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Thursday, March 15, 2012 11:41 AM

FHA is raising the costs for a FHA mortgage

Ok, the good news is that the program still exists. Haha. FHA is raising the costs for a FHA mortgage. Effective April 9, the upfront fee is going to 1.75% and the monthly fee is increasing from 1.15 to 1.25. Also, Effective March 19,2012 HUD is suspending
Posted by Blair Webb | 0 Comments
Sunday, November 20, 2011 2:11 PM

Smaller Homes to Grow in Demand, Surveys Suggest

The square feet of new homes is expected to continue its decline in future years. The National Association of Home Builders predicts that U.S. houses will average 2,152 square feet in 2015, which will be down 10 percent compared to last year. Smaller
Posted by Blair Webb | 0 Comments
Saturday, April 02, 2011 11:10 AM

Housing Shortage on the Horizon?

Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon will create a huge surge in demand for new homes. As such, now is the time to buy,
Posted by Blair Webb | 0 Comments
Monday, December 27, 2010 2:53 PM

A Year of Contrasts in Real Estate

This has been a year of real estate contrasts: While many consumers have taken advantage of historic buying opportunities and the market has seen a gradual stabilization of sales and prices, other challenges facing the nation have led some to question
Posted by Blair Webb | 0 Comments
Friday, August 13, 2010 11:40 AM

History will repeat itself

I hope all is well in your world today. I wanted to write you and give you some of my thoughts and opinions on what I see developing in the housing and economic climates. Home loan interest rates are at an all time low, as of 12 th August it hit 4.4 percent,
Posted by Blair Webb | 0 Comments
Thursday, July 29, 2010 12:25 PM

Update on 30 year Mortgage Rates

Miami, Fl -- According to real estate website Zillow.com , interest rates on a 30 year fixed rate mortgage went higher this past week but still remained historically low. Low interest rates on mortgages will help lift home loan refinancing activity and
Posted by Blair Webb | 0 Comments
Thursday, July 15, 2010 4:46 PM

Home Prices Continue Gains Over 2009

U.S. home prices, including distressed sales, increased by 2.9 percent compared to the same month last year, according to CoreLogic in its monthly index. May was the fourth straight month prices showed a year-over-year increase. "Home price appreciation
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