Tag Archives: JustMigrated

Rates have gone up three weeks in a row…

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The average on a 30 year fixed rate is up to 3.62%
That is still low but its up .12% a few weeks like that and we will be
up int he 4’s
http://www.bloomberg.com/news/2012-08-16/mortgage-rates-for-u-s-home-loans-cl… Talked to Tyler Oden at Suntrust and they are still at 3.4% with no
points on a 30 year fixed purchase.

Barry Bevis, Broker/Realtor
C-850-491-3600 
F-877-870-9066 
www.BevisRealty.com

Are we at the bottom?

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The Wall Street Journal thinks so…

Read more here:
Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

New Record low interest rate.. 3.62% on a 30 year Fixed mortgage.

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http://research.stlouisfed.org/fred2/series/MORTGAGE30US?cid=114# 

Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

More 70’s goodness in the MLS.

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White stand alone fireplace, Mirror backed- one word- SEXY!

Why don’t they make them like this anymore?

Shocker, Remember that big Bank settlement

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Remember that big settlement Banks made to the states to help home
owners under water on their mortgages?
The largest multistate settlement since the Tobacco Settlement in 1998.
http://www.nationalmortgagesettlement.com/ The funds are not going to home owners… Or foreclosure prevention…
Or borrower education… Or Fraud investigation.
Many states are using the money to cover budget shortfalls.

http://www.nytimes.com/2012/05/16/business/states-diverting-mortgage-settleme… Barry Bevis, Broker/Realtor
C-850-491-3600 
F-877-870-9066 
www.BevisRealty.com

Tallahassee is the number one place for Boomers to retire!

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Tallahassee is not a typical South Florida retirement town. But a
recent study rated Tallahassee the number one Baby Boomer retirement
city in America!
Tallahassee’s strengths were a warm climate, great health care, low
taxes, affordable housing, and great recreational opportunities.
Our lucky combination of being a university town and capital city
helped us make it into the top spot.
It is going to be interesting to see how this changes our demographics
over the next ten years. A link to the story at the Tallahassee Democrat
http://www.tallahassee.com/article/20120417/BUSINESS/204170325?fb_ref=artrect…

Or a free link on Yahoo Finance
http://finance.yahoo.com/news/washington-economics-group-picks-tallahassee-19… Here is the full report!
http://www.scribd.com/doc/89656447/Best-Choice-for-Retiring-Boomers-Head-Sout…

Barry Bevis, Broker/Realtor
C-850-491-3600 
F-877-870-9066 
www.BevisRealty.com

Wells Fargo Fined 3.1 million for abuses related to a single home loan!

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Most local  foreclosures I know about are the result of individual borrowers decisions or economic hardships.
This Lousiana case is different and the court is making Wells Fargo pay with one of the largest judgments against a bank addressing a single loan.
The Judge ruled  that Wells Fargo improperly charged the homeowner fees exceeding $24,000 because of a computer problem putting his loan into  default. Wells Fargo then applied his payments to fees and interest, but not to his principal. This forced him into foreclosure and bankruptcy.
Read more here:
Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

Complaining about your mortgage?

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The  North Carolina Attorney General’s Office reported Monday that they get more complaints about lenders than any other business.

This included  foreclosure and loan-modification scams, mortgages, fees for late or missed payments, or prepayment penalties. 

More than Cable Companies, More than health insurance, more than used car salesmen or telemarketers.