ARCHIVED BLOG POSTS
2014
01.19.14, Charles Stallions Home Report for Pensacola Florida 32503 Stricter mortgage rules take effect Friday Expect a longer process, an increase in paperwork and some marginal buyers turned down after qualified mortgage (QM) rules become official. Read more. U.S.: How do we make mortgage clo...
01/12/2014
01.17.14, Charles Stallions Home Report for Pensacola Florida 32514 Fannie Mae: Housing recovery on 'firm footing' Consumer attitudes dipped in the fall but have rebounded. Almost half believe home prices will rise in 2014, and one in three thinks it's a good time to sell. Read more. Housing ma...
01/12/2014
01.12.14, Charles Stallions Home Report for Pensacola Florida 32504 Mortgage loan fee increases delayed In Dec., FHFA announced that it would raise mortgage fees, but the agency's new director now says he'll postpone those increases - a move praised by NAR. Read more. Tighter QM lending standar...
01/11/2014
01.12.14, Charles Stallions Home Report for Pensacola Florida 32514 2 Fla. cities in top 5 for home searches Where do people want to live? A Realtor.com analysis of 2013 found Wellington-West Palm Beach and Pembroke Pines-Hollywood at the top of their list. Read more. Buyers get extended offer ...
01/11/2014
01.11.14, Charles Stallions Home Report for Pensacola Florida 32514 Average rate on 30-year loan at 4.53% It's an increase from the 4.48% reported one week earlier. Most experts predict stability over the short term, however. Read more. Scientists creating map to predict sinkhole activity The s...
01/11/2014
01.10.14, Charles Stallions Home Report for Pensacola Florida 32514 Buyer beware: Lenders may check your Facebook page What if a buyer says he's had his current job for 10 years on a mortgage application, but his Facebook page says six months? It could cost him a home loan. Read more. Mortgage ...
01/11/2014
01.07.14, Charles Stallions Home Report for Pensacola Florida 32514 Fla. property insurance rate study delayed Fla. CFO Atwater asked why rates haven't gone down in the absence of major hurricanes, but the requested study now won't be completed until Jan. 15, 2014. Read more. Blackstone becomes...
01/11/2014
01.06.14, Charles Stallions Home Report for Pensacola Florida 32504 TD Economics: Fla. about to shift into high gear Forecast: After a six-year lag, economic expansion will help Fla. reclaim its place as a national outperformer, beating U.S. numbers "by a considerable margin." Read more. Improv...
01/11/2014
01.05.14, Charles Stallions Home Report for Pensacola Florida 32514 RealtyTrac: All-cash sales hit new high in Nov. Fla. led the nation in Nov.: 62.7% of all sales were cash; nationally, it was 42%. Jacksonville and Cape Coral-Fort Myers hot for institutional investors. Read more. Average rate ...
01/07/2014
01.04.14, Charles Stallions Home Report for Pensacola Florida 32514 More buyers would need jumbo loan under proposal Mortgage rates tend to be lower if Fannie or Freddie can purchase the mortgage; but proposal seeking public comment would lower cap from $417K to $400K. Read more. Report: Fla. h...
01/07/2014
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