National News

New FNMA Condo Guidelines Chilling to Panama City Beach

January 14, 2009 • 12 comments

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 …

by Sam Portman

Top Stories for 2008 on PCBDAILY.COM

December 29, 2008 • 0 comments

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 …

by Jason Koertge

Historically Low Mortgage Rates Should Kick-Start Housing Market

December 22, 2008 • 0 comments

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 …

by Hunter Palmer

Can we start buying again yet?

December 3, 2008 • 4 comments

“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 …

by Jason Koertge

Community Banks Lending Despite Credit Crunch

November 13, 2008 • 0 comments

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 …

by Hunter Palmer

Fed Lowers a Half Point – I Have a Better Idea

November 6, 2008 • 3 comments

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 …

by Hunter Palmer

The Fed Leaves Key Interest Rate Unchanged

August 6, 2008 • 0 comments

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 …

by Jason Koertge

The Fed keeps rates the same

June 26, 2008 • 0 comments

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 …

by Jason Koertge

Should we drill for oil off the coast of Florida?

June 20, 2008 • 19 comments

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 …

by Jason Koertge

Panama City Beach in Southern Living

June 11, 2008 • 4 comments

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 …

by Jason Koertge