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Tag Archives: Mortgage
Is the mortgage interest tax deduction here to stay?
Maybe. Maybe not. Lawmakers kept the popular IRS deduction that saves homeowners money, but it could be in the crosshairs again later this year. View full post on Florida Realtors® News
Many buyers confused about mortgage process
Survey: One in four thinks a preapproval commits them to that lender, and 34% think lenders must, by law, charge the same fee for credit reports and appraisals. View full post on Florida Realtors® News
Qualified Mortgage (QM) process outlined
The QM becomes effective in January 2014, tightening lenders’ mortgage approval standards. Government issued info on the implementation process. View full post on Florida Realtors® News
Survey: Buyers should comparison shop for a mortgage
Survey: Many buyers pay more than they should for a mortgage. Some even lose homes when unexpected fees come due. View full post on Florida Realtors® News
Posted in Florida Realtors
Tagged Buyers, comparison, Mortgage, shop, should, Survey
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Mortgage fraud down in nation, up in Fla.
Interthinx: Increased levels of fraud risk in Fla. pushed it past Nev. into top spot; 17 state MSAs “very high risk.” View full post on Florida Realtors® News
Biggest mortgage servicers and lenders
Which lenders are funding the most mortgages? Wells Fargo leads with a market share of 29.3%; Chase is No. 2 with 10%. View full post on Florida Realtors® News
GFI Mortgage settles discrimination suit
About 600 black and Hispanic homeowners – some in Fla. – will share $3.5M after being overcharged for home loans. View full post on Florida Realtors® News
Refinance Activity Surges As Mortgage Rates Drop
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which … Continue reading
