FNMA released new condo eligibility guidelines for mortgages acceptable to be purchased by FNMA in Announcement 08-34. These new guidelines are directed specifically toward condominiums located in Florida. The guidelines …
2008 has been a monumental year for us at pcbdaily. We’ve seen super awesome growth, expanded our content base tremendously and have reached out to more people than we had …
Through a series of rate cuts and capital market tinkering, the Federal Reserve has finally managed to push down long term mortgage rates to levels not seen in nearly forty …
“The answer is a qualified yes,” stated a November issue of Fortune Magazine in an Investing column titled Time to Jump In? The author then goes on to explain that …
As regional and national banks eagerly rush to accept government bailout loans in the face of frozen credit markets, local community banks are quickly becoming the go-to source for mortgage …
The Federal Reserve’s Open market Committee announced Wednesday it was lowering the federal funds rate to 1%, it’s lowest level since 2004. Yet mortgage rates rose on the news and …
Yesterday, at the Federal Reserve’s regularly scheduled meeting, it was decided to leave the key interest rate at 2%. Economists had predicted a likelihood of the Fed raising the rate …
With the prime focus shifting to inflation, the Federal Reserve elected to keep rates the same during their regularly scheduled meeting Wednesday. The key short-term interest rate was left the …
Technology has gotten so that we can do so with little risk of a spill. With little spillage during Katrina from the Gulf oil rigs, many elected and appointed officials …
There is an article about Panama City Beach in the latest issue of Southern Living, and they are raving about us. “It’s time to return to Panama City Beach. If …