Tagged: housing market

Rising Seas Threaten An American Institution: The 30-Year Mortgage

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More banks are getting buyers in coastal areas to make bigger down payments — often as much as 40 percent of the purchase price, up from the traditional 20 percent — a sign that lenders have awakened to climate dangers and want to put less of their own money at risk. CLICK ON THE HEADLINE FOR MORE

Here’s What The Fed Reserve Rate Cut Means To The US Housing Market

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According to some real estate developers and industry pros, the Fed’s interest rate cut — the first since 2008 — will make deals more profitable by lowering borrowing costs and making it easier for developers to finance projects with the biggest gain in the single-family home market. CLICK ON THE HEADLINE FOR MORE

It’s Cheaper In Fort Lauderdale

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Fort Lauderdale’s business costs are more than 10% cheaper that in nearby Miami making it a more affordable alternative in South Florida. CLICK ON THE HEADLINE FOR MORE