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Builder Confidence Up 4 Points October

Builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)...


Rate Hike Very Likely!

Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow...


Mortgage Bankers Open to Rewrite of Homeowner Tax Breaks

The Mortgage Bankers Association (MBA) says it is open to a rewrite of homeowner tax breaks as part of a broader reform package. The MBA position comes days after the National Association of Home...


How Credit Scores Affect Mortgage Rates

Without a high credit score, you won't qualify for the best mortgage rates available, which could mean you'll end up paying more money over the term of your mortgage. Even with rates near h...


Long Term Mortgage Rates Push Toward 4%

Long-term mortgage rates rose for a second straight week as the average 30-year fixed mortgage rate increased to 3.91 percent, from 3.85 percent a week ago. Mortgage buyer Freddie Mac says the 15...


Annual Naples Stone Crab Festival

The annual Stone Crab Festival is here! What’s a better way to kick off the fall season than by enjoying fresh stone crab and other activities? The event this year will be held Friday, Octobe...


Refinance Scams Target Military Vets

The federal government is investigating a number of predatory lending schemes targeting thousands of veterans who have Veterans Administration mortgages (VA loans). Officials say that the scammer...


Naples Weekly Market Snapshot

I work hard to keep my clients informed about the market while they’re buying or selling their home. These weekly reports use real-time data so my clients can make decisions based on what&rsq...


Reverse Mortgages Are Sticky Wickets

Financial advisers often suggest you delay taking Social Security until full or normal retirement age (FRA) if not later – to age 70. And the reasons are many: You'll get 100 of your pr...


Kitchen Remodels Offer Big Paybacks At Resale!

Homeowners looking for a remodeling project may be smart to tackle a kitchen renovation if they’re looking for projects with the strongest buyer appeal and higher returns on their investment ...


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