Florida Realtors® News
- New fed mortgage website for non-English-speaking buyers October 17, 2018FHFA, Freddie and Fannie jointly announced Mortgage Translations – a centralized clearinghouse for RE pros who serve limited English proficient borrowers.
- How will 2 seasons' storms affect Fla. property insurance? October 17, 2018Experts believe Fla.'s insurance industry can weather the latest losses from Hurricane Michael without significant premium increases, even though major storms have historically bankrupted some insurance firms and sent rates skyrocketing.
- U.S. housing starts down 5.3% in September October 17, 2018Hurricanes and rising mortgage rates took a toll, notably on multifamily starts. Single-family starts were mixed: Up in half the U.S., down in the other half.
- Kiplinger: Fla. No. 4 tax-friendly state – and top 3 are cold October 17, 2018The overall taxes paid by Floridians are bested only by Alaska, Wyoming and South Dakota; and the top 5 of 10 "best" states have no income tax at all.
- The yin and yang of rising interest rates October 17, 2018Fed interest rate increases are a sign of a healthy economy – but they're also a problem for homebuyers when higher rates increase the cost of ownership.
- Client getting cold feet? Here are the warning signs October 17, 2018
- Give or receive: Florida Realtors Disaster Relief Fund October 17, 2018The Disaster Relief Fund accepts aid applications from members of the Realtor family, including RE employees, Realtor board/associations and their staff.
- Housing market facing a gentler slowdown than in 2007 October 16, 2018This cycle is different, in part because construction never took off and an inventory shortage remains. Worst case scenario: Stagnant prices for a year or two.
- Sender of scam 'Realtor Board' mail identified, charged October 16, 2018Over the past two years, many Realtors received a scam bill from the "Florida Board of Realtors," a fake name. The Office of the Attorney General has now identified the sender and filed a complaint in Jacksonville alleging deceptive trade practices.
- Zero-down loan program aims to expand mortgage access October 16, 2018The Neighborhood Assistance Corp. of America is hosting events around the U.S. to help buyers with low credit scores get home mortgages with low interest rates.