Gulf Shores Real Estate - Orange Beach Homes For Sale

Welcome to Gulf Shores, Alabama
866.981.4378
You are here: Home / Archives for Gulf Shores Real Estate

Mortgages Safer But Harder to Get

by

Mortgages Safer But Harder to Get Now that Senate and House negotiators have reached a compromise on new financial regulations, we know what will happen to the mortgage industry if the bill passes and how it will impact your ability to buy a house. Those freewheeling days of no-money-down, liar loans are dead. Instead you’ll […]

House Approves Flood Insurance Reform

by

House Approves Flood Insurance Reform The US House of Representatives have approved a flood insurance reform bill that would reauthorize the National Flood Insurance Program (NFIP) for five years. The provision, which extends the program to Sept. 30, 2015, passed by a wide margin, 329 to 90, with support from both Democrats and Republicans. It […]

Owning a Home and Renting: Cost Spread is Narrowing

by

Owning a Home and Renting: Cost Spread is Narrowing With mortgage rates at record lows and housing markets stuffed to the gills with cheap distressed properties that’s led to declining home prices, the cost to own a home is sometimes cheaper than renting an apartment in many markets, according to analysts at Credit Suisse. While […]

Foreclosures Fall 5%

by

Foreclosures Fall 5% The foreclosure plague seems to have reached its peak and started to fade, but the recovery is still fragile. The number of foreclosure filings of all types — including notices of delinquency, auction notices and repossessions — fell during the first six months of 2010, according to RealtyTrac, the online marketer of […]

Credit Score Below 500? No FHA Home Loan

by

Credit Score Below 500? No FHA Home Loan The door that was once wide open to homeownership closed a bit recently when a key government agency announced a proposal to no longer allow mortgages for borrowers with credit scores below 500. The Department of Housing and Urban Development (HUD) said that it intends to require […]