Author Archives: JeffD

Region’s Market Update Week Ending April 6, 2012

There was a lot of daily volatility for mortgage rates this week. On Tuesday, the Fed Minutes revealed a lack of enthusiasm for further easing, and this caused mortgage rates to jump. Increased concerns about Europe then helped mortgage rates … Continue reading

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Regions Market Update – Week Ending March 16, 2012

What began as a quiet week quickly turned negative following the release of Tuesday’s Fed announcement. Mixed economic data and Treasury auctions had little impact. Mortgage rates ended the week significantly higher. While it was very similar to the last … Continue reading

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First Florida Bank Lending Rates

Rates through Monday AM (no points/no origination): ConventionalLoans (single family and townhomes, loan amount under $417,000): 30 year Fixed – 4.125% 15 year Fixed – 3.5% 5 year Arm – 3.125% Government(VA, FHA, Rural Housing): 30 Year Fixed – 3.75% … Continue reading

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Conventional, FHA, USDA Mortgage Insurance

Homebuyers often have a lot of questions about mortgage insurance (MI)…and understandably so. With different rules for different loan programs, the details can be confusing.  Here are a few things to keep in mind. All types of MI protect the … Continue reading

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Regions Market Update Week Ending February 24, 2012

Investors are beginning to focus on the price of oil. Concerns about Iran have pushed oil prices up to the highest level in nine months. Higher energy prices are bad for consumers and the economy. Since higher oil prices have … Continue reading

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New Baytowne Wharf – Sandestin Foreclosure

OBSERVATION POINT #267 – $199,900 This exquisite 2 bedroom, 2 bath 1,006sqft condo is perfectly situated in the heart of Baytowne Wharf for quick and easy access to all the amenities. The Village of Baytowne Wharf features restaurants, live entertainment, … Continue reading

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Regions Market Update

Increased optimism that a Greek bailout package will be approved on Monday caused investors to shift to riskier assets, which was negative for mortgage rates. Mixed US growth and inflation data had little net impact. Mortgage rates ended the week … Continue reading

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“FIRST FLORIDA BANK” RATES

Rates through Monday AM (no points/no origination except on condos) Conventional Loans (single family and townhomes, loan amount under $417,000): 30 year Fixed – 4% 15 year Fixed – 3.50% 5 year Arm – 2.875%  Government (VA, FHA, Rural Housing): … Continue reading

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Townhome Foreclosure in the Heart of Destin

QUAIL RUN #196 – 1014 AIRPORT RD – $101,900 This lovely 3 bedroom 2 bath 1375 sqft townhome is located in the very popular Quail Run complex just South of the Destin Airport. Situated toward the end of the cul de sac … Continue reading

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Banks offer more cash incentives for short sales

ATLANTA – Feb. 15, 2012 – More banks are offering homeowners incentives to sell their houses in a short sale to avoid costly foreclosure expenses for the bank. In fact, some banks are offering struggling homeowners as much as $35,000 … Continue reading

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