The Federal Reserve reduced interest rates today, cutting the federal funds rate by 0.50 percent to a range of 1-1.25 percent. The Fed is trying to stay ahead of disturbance and economic slowdown caused by the fast spreading coronavirus.

On Friday, the Fed announced that it was willing ...

Property owners who want to check into their home’s equity to consolidate debt with high interest or finance home improvement projects often decide to take out a home equity line of credit, which is called HELOC.

Unlike a home equity loan that let you borrow a lump sum, a HELOC ...

FHA Loan facts to know about one out of every eight homes sold each year. For decades, it’s been popular with first-time buyers because it was the first significant source of low down payment loans. First-time buyers can choose from thousands of low down payment loans. Yet FHA remains the ...

Broward County single-family home sales, median prices and dollar volume went up year after year in November 2019, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Broward single-family home sales went up 2.2% year-over-year, from 1,149 to 1,174. Broward County ...

Miami-Dade County current condominium sales, including $1-million-and-up transactions, went up year after year in November 2019, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Pending sales, which are indicators of future closed sales and reflect demand, are up in November and year to ...

In South Florida, a study concluded that only less than half of the millennial renters can afford to buy a property.

As per a study made by Apartment List, an online rental listing website, renters from 23-38 over the past five years within 16 U.S. metro areas. Researchers considered ...

Mortgage applications to purchase new homes last October went up by almost one third year after year as sales came up to their highest annual rate since the Mortgage Bankers Association first track the data.

 As per MBA's Builder Application Survey, consumers are looking to exclude a secured mortgage ...

- Present a new single-unit approval process to make it easier for individual condominium units to be eligible for FHA-insured financing;

- Expand the recertification requirement for approved condominium projects from two to three years;

- Authorized more mixed-use projects to be eligible for FHA insurance.

Single-Unit Agreement

As of October 15, FHA ...

The best time to buy a new home is the first week of fall, which in this year falls on the week of September 22. This time of the year, shoppers have less competitions, more price reductions and more properties to choose from. This is according to  a data gathered ...