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Everything you need to know about President Obama lowering FHA premiums
Source: Housing Wire Speaking at a Phoenix high school Thursday morning, President Obama said he is directing the Federal Housing Administration to reduce annual mortgage insurance premiums by 50 basis […]
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Rent-Burdened Nation: Housing Expert Discusses Affordable Housing Crisis
Source: National Real Estate Investor Andre Shashaty: I call the decreasing affordability of housing the silent crisis because it eats away at the wellbeing of families and, by extension, society […]
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Buying more affordable than renting by astounding amount
Source: Palm Beach Post South Florida rents have increased so much since the housing bust that tenants can now expect to pay 44.5 percent of their monthly income on rent, […]
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Fannie and Freddie officially approve 3% down payment mortgages
Source: Housing Wire Both government-sponsored enterprises officially announced their individual 97% loan-to-value products, in the government’s latest attempt to expand the credit box for first-time homeowners. Read more…
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South Florida apartment rents increasing faster than most of U.S.
Source: The Real Deal Apartment rents are increasing in South Florida at a quicker pace than most of the country’s biggest metro areas. Read more…
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Land banks’ adaptability yields results for communities tackling vacant and problem properties, according to report
Source: Center for Community Progress WASHINGTON, D.C. – An estimated 120 land banks exist in the United States, and their ability to adapt to local conditions and needs is helping […]
