Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to Zillow(R) Mortgage Rate Ticker
The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.76 percent, down four basis points from 4.80 percent compared to this same time last week. The 30-year fixed mortgage rate fluctuated between 4.76 and 4.82 during the past week.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 19:35:51 03/09/10

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Loan modification terms can be tough for those few who get them
Balloon payments can wreck the deal For William and Lida Negron, their lender's decision to modify their mortgage seemed to be the key to holding on to their home.
Read more News Source - SouthFlorida.com
Publish date - 07:55:47 03/10/10

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Modified loan terms can be tough for few who get them
Emerging issue: Many loans have balloon payments that skyrockets after several years For William and Lida Negron, their lender's decision to modify their mortgage seemed to be the key to holding on to their home.
Read more News Source - Sun-Sentinel
Publish date - 01:37:59 03/10/10

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Home Equity Lending That Fueled Spending to Recover (Update1)
John Hale’s four-bedroom house near Seattle is worth about $2 million and is 90 percent paid for. It still took him nine months to find a bank that would give him a $250,000 home equity line of credit.
Read more News Source - BusinessWeek
Publish date - 20:17:57 03/11/10

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To walk away or not to walk, is that the question?
Michael Keigans is “underwater” on his mortgage, owing $80,000 more than his Deerfield Beach house is worth.Keigans figures it could take a decade or two to recover the lost equity, so he’s tempted to walk away, even though he has the money to pay. “Why keep putting money into a house that’s going down in value?” he asks.It’s a question being debated in many households nationwide as the housing ...
Read more News Source - St. Lucie News Tribune
Publish date - 19:46:08 03/10/10

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Should associations foreclose on units in delinquency?
When owners stop paying maintenance fees, condo and homeowners associations must decide whether they want to file a lien against the unit and eventually force a foreclosure? The answer may be different for each community.
Read more News Source - Sun-Sentinel
Publish date - 18:08:01 03/11/10

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Daily Pfennig 3/11/10: Traders fear Chinese 'bubbles'...
In This Issue…. * Traders fear Chinese 'bubbles'... * Bollard leaves rates unchanged... ... * Aussie dollar rallies... * Pound sterling rallies, but it can't last...
Read more News Source - Kitco.com
Publish date - 16:45:51 03/11/10

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Daily Pfennig 3/9/10: Loose Lips, Sink Ships...
In This Issue…. * Greek PM stops currency rally... * Will Fed stop mortgage buying program? * Aussie jobs report is strong! * The history of a Pfennig For Your Thoughts...
Read more News Source - Kitco.com
Publish date - 16:30:51 03/09/10

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Key residents purchase Colony loan - The Observer Group
Longboat Key residents Randy Langley and David Siegal on March 1 purchased a loan worth more than $8 million from Bank of America that was in default under Colony Beach & Tennis Resort Chairman and Owner Dr. Murray “Murf” Klauber.
Read more News Source - The Longboat Observer
Publish date - 21:12:31 03/11/10

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Statewide FCAT Testing Begins
Florida's third through fifth graders will begin FCAT testing today.
Read more News Source - Local 10 Miami
Publish date - 20:56:39 03/11/10

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