by countyproperties | Feb 18, 2011 | Current Affairs, Finance, Latest News
The 30-year fixed-rate mortgage inched above 5 percent this week, rising to its highest level since the last week in April 2010, and continuing its steady climb upward the last few weeks. The 30-year rate averaged 5.05 percent this week, up from 4.81 percent the week...
by countyproperties | Jan 27, 2011 | Current Affairs, Latest News
What is The Scoop? Monthly 3 to 5 minute video Snapshot of the latest sales statistics Overview of recent market trends Don’t miss out on this month’s video. Click below for important housing market data and trends More questions we can help you, at County...
by countyproperties | Jan 27, 2011 | Current Affairs, Latest News
The Federal Housing Administration (FHA) has extended its 90-day “no flip” rule on recently rehabbed properties for another year. The ruling, which allows investors who acquire foreclosed properties at below-market value to be exempt from waiting the...
by countyproperties | Jan 27, 2011 | Current Affairs, Latest News
Wells Fargo to Accept FHA Mortgages with Credit Scores Under 600 Wells Fargo announced that effective January 15, 2011, they will accept Federal Housing Administration (FHA) mortgages for borrowers with credit scores as low as 500. For borrowers with credit scores...
by countyproperties | Jan 27, 2011 | Current Affairs, Latest News
President Franklin Roosevelt’s New Deal established the Federal National Mortgage Association (Fannie Mae) in 1938 as a federal agency in the wake of the Great Depression. Its purpose was to bring liquidity, stability and affordability to the U.S. housing and...
by countyproperties | Jan 27, 2011 | Current Affairs, Latest News
The Federal Deposit Insurance Corp. (FDIC) has received numerous reports from consumers who received an e-mail that has the appearance of being sent by the FDIC. The e-mail informs the recipient that “in cooperation with the Dept. of Homeland Security, federal,...
