June 2011

Take Pictures Before a Storm Hits

Take Pictures Before a Storm Hits

By Purva Patel, Houston Chronicle

June 11 — Despite the widespread damage caused by Hurricane Ike in 2008, some home owners still aren’t prepared for dealing with their insurance companies after a catastrophe.

Attorney Phillip Sanov worked on dozens of Ike cases, representing home owners and business owners before their insurance companies.

Mortgage Rates Fall 9 Straight Weeks

Mortgage Rates Fall 9 Straight Weeks

Mortgage rates continue to fall amid disappointing economic news this week. The benchmark conforming 30-year fixed mortgage rate is now 4.65%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points.

The average 15-year fixed mortgage hit a new record low of 3.79% but the larger jumbo 30-year fixed rate ticked up to 5.19%.

Two-Thirds of Americans Think Now is a Good Time to Buy a Home

Two-Thirds of Americans Think Now is a Good Time to Buy a Home

Lawyers Get More Time to Finish Foreclosures

Lawyers Get More Time to Finish Foreclosures

By Kimberly Miller, The Palm Beach Post, Fla.

June 8—Federal mortgage giant Fannie Mae more than doubled the amount of time Florida attorneys have to complete a foreclosure, acknowledging the reality of the state’s overwhelmed court system and problems with foreclosure paperwork.

Florida HOA Wins Post-Foreclosure Judgment Against Home Owner

Florida HOA Wins Post-Foreclosure Judgment Against Home Owner

Home Owners Need Support of Fannie Mae, Freddie Mac

Home Owners Need Support of Fannie Mae, Freddie Mac

Mortgage Rates Lowest Since Thanksgiving

Mortgage Rates Lowest Since Thanksgiving

Mortgage rates fell for an eighth consecutive week, with the benchmark conforming the 30-year fixed mortgage rate falling to 4.69%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points.

The average 15-year fixed mortgage dropped to 3.88% and the larger jumbo 30-year fixed rate retreated to 5.16%.

7 Burglary Prevention Tips for Your Summer Vacation

7 Burglary Prevention Tips for Your Summer Vacation

MINNEAPOLIS, May 18, 2011/PRNewswire/ — Warm weather means summer vacation. Before you pack up, follow these tips from Hydreon Corp. to ensure your possessions are still there when you get back.