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May 18, 2012 The U.S. Department of Housing and Urban Development (HUD) released two reports on the impact of HUD-approved housing counseling. In both studies – one focused on first-time buyers and one focused on owners facing foreclosure –HUD found it significantly improved the likelihood homeowners remained in their homes. HUD [...]

May 18, 2012 Fixed mortgage rates again hit new record lows in Freddie Mac’s weekly survey. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent, and 15-year fixed-rate mortgages are also slightly down at 3.04 percent.  “The European debt crisis overshadowed improving economic indicators [...]

May 18, 2012 The future of housing finance in the U.S. will be a key issue facing the winner of the upcoming presidential election, according to a panel of industry experts speaking at the National Association of Realtors® (NAR) Midyear Legislative Meetings & Trade Expo. Fannie Mae and Freddie Mac buy mortgages from local lenders. L [...]

May 17, 2012 Realtors® from Florida and across the U.S. – estimated at 13,800 strong – gathered at the Washington Monument in the nation’s capital today to highlight the importance of housing and homeownership to the nation’s economic recovery. The “Rally to Protect the American Dream” took place dur [...]

Florida Realtors Pres. Summer Greene and V.P. John Sebree will court companies interested in Fla. real estate deals. Read The Full Article

 May 17, 2012 – Housing affordability reached a milestone in the first quarter, according to the National Association of Realtors® (NAR). NAR’s composite quarterly Housing Affordability Index rose to a record high of 205.9 in the first quarter of 2012. The Index provides a quick look at affordability and is calculated by t [...]

Pulte says it identifies likely buyers and makes model homes appeal to their taste. Home sellers can do the same thing. Read The Full Article

May 2012 Bank of America has launched a nationwide program that offers delinquent mortgage customers increased assistance with relocation expenses – between $2,500 and $30,000 -at the completion of a qualifying short sale. Short sales provide an alternative to foreclosure for delinquent borrowers who have exhausted or declined [...]