Real Estate & Mortgage News

Broward moves forward with affordable housing master plan, calls on cities to ‘share the burden’

Broward County commission approved a master plan to address the housing affordability crisis, aiming to implement financial, legislative, and zoning solutions. The plan includes recommendations for cities to allow various housing programs and establish affordable housing trust funds. Funding concerns were debated, with a proposed split of Tax Increment Financing revenue for affordable...

What is the Median Down Payment in America, by State?

The median down payment for a single-family home varies by U.S. state, with Washington D.C., Florida, and Hawaii having the highest at around $98,670. States like Alabama, West Virginia, Louisiana, and Mississippi have lower median down payments, indicating longer repayment plans. The U.S. housing market has seen significant changes, with rising house prices and down payments, while the commercial real...

New Listing: 341 SW 30th Ter

NOTHING like this home exists ANYWHERE in Melrose Manors! NEW Impact Windows & Doors, NEW Roof, NEW AC, NEW Kitchen, NEW Bathrooms, NEW Recessed LED Lighting, NEW Appliances, NEW Flooring, NEW Paint, NEW Baseboards, NEW Automatic Garage Door, NEW Fans in the Bedrooms. This is a move-in-ready property! No need for "Trick Photography"/Photoshop...

Behind on mortgage payments? 6 ways to catch up

If you're behind on mortgage payments, options include forbearance, loan modification, a repayment plan, refinancing, reducing expenses, or applying for assistance funds. Forbearance temporarily suspends or reduces payments, while loan modification permanently changes the interest rate or term. A repayment plan involves resuming regular payments plus missed installments. Refinancing is suitable if...