Blog Archives

Gov’t partnership to lower mortgages of military

Government partnership to lower mortgages of military

The Obama Administration announced a new agreement this week with five of the nation’s largest banks aimed at helping active-duty military service members save hundreds of dollars or more each year on their mortgage.

Under a 2003 law, active-duty service members can have their mortgage rates and some of their other debt fees capped at 6 percent. However, many military members aren’t taking advantage of benefits that could lower their mortgage payments. Read the rest of this entry

12570 VITTORIA WAY FORT MYERS, FL 33912

12570 VITTORIA WAY FORT MYERS, FL 33912

WOW! You won’t believe your eyes! This home at 12570 Vittoria Way has all the custom features you could ever want and a view that is absolutely stunning! Built by Royal Corinthian Homes, it boasts luxury throughout, while located on a lake & golf course views with sunset exposure. You’ll see RCH’s signature touch with their unique custom ceilings throughout this gorgeous home! Read the rest of this entry

FHFA wants to expand mortgage access

FHFA wants to expand mortgage access

The Federal Housing Finance Agency (FHFA) announced that it wants housing finance giants Fannie Mae and Freddie Mac to provide greater support to low-income mortgage borrowers and refinancers.

FHFA, which is the regulator for Fannie Mae and Freddie Mac, outlined goals for 2015-2017 aimed at advancing that goal. It wants to ensure that low-income families account for 23 percent of the GSE’s purchases of single-family home mortgages. Also, the agency wants them to increase the share of their purchases that back mortgages in low-income areas with large minority populations, Reuters reports. Read the rest of this entry

9979 CHIANA CIR FORT MYERS, FL 33905

9979 CHIANA CIR FORT MYERS, FL 33905

UPGRADES GALORE!! At 9979 Chiana Circle, Step into this spacious 3 bedroom/2.5 bath end-unit townhome with loft AND 2 car garage. Beautifully maintained and upgraded unit with longer driveway. Better than new, most spacious 3+ den floor-plan in the desirable Colonnade community at the Forum. Read the rest of this entry

FHA to eliminate ‘post-payment’ interest charges

FHA to eliminate ‘post-payment’ interest charges

The U.S. Department of Housing and Urban Development issued a statement recently that Federal Housing Administration (FHA) sellers won’t be charged a full month’s worth of interest if they sell their home early in the month.

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