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Mortgage Rates


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Miami development deal fails to close
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Friday, 14 April 2006

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The Related Group of Florida, a Miami-based developer of high-end condominiums, has backed out of a partnership that would have spearheaded a Southbank development.

Stevan Pardo, a partner in Riverwalk Hotels LLC, announced that Related Group will no longer pursue the partnership on the planned 2,000 unit mixed-use development in the San Marco Riverfront Village. 

Read more...
 
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Real Estate Mortgages Dropping as Rates Increase
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Thursday, 13 April 2006

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Real estate mortgages dropped 5.5% in the week ending April 7th, 2006.  This 5.5% is down from the previous week.

ON a seasonally adjusted basis, applications to purchase homes dropped 4.7%, and refinancing applications were down 6.6%
Read more...
 
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Higher rates cause U.S. mortgage applications to fall
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Thursday, 13 April 2006

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 The Mortgage Bankers Association's index of applications to buy a home or refinance an existing mortgage declined 5.5 % to 579.4 from 612.8 a week earlier. The gauge of applications to purchase homes dropped 4.7 % to 417.7. The Mortgage Bankers Association's index of applications to buy a home or refinance an existing mortgage declined 5.5 % to 579.4 from 612.8 a week earlier.

Last Updated ( Wednesday, 03 May 2006 )
Read more...
 
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Real estate going online
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Thursday, 13 April 2006

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Philippine real estate companies are now using the Internet to sell their properties.  Websites like AboitizLand.com are targeting not only Filipinos based in the Philippines but also those outside the country.

Read more...
 
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'For Sale by Owner' signs prime target for vandals
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Thursday, 13 April 2006

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Home sellers in the Portland area have reported that their "For Sale By Owner" sign are becoming a weekly target of vandalism. 

These signs that direct potential buyers to their homes are being slashed and damaged beyond recognition at times.

Last Updated ( Thursday, 13 April 2006 )
Read more...
 
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