New from the FAMP Government Affairs Committee By Kimberly Miller – Palm Beach Post Staff Write Florida’s key foreclosure prevention program has turned its sights on seriously underwater homeowners, offering up to $50,000 to pay down mortgage debt and help regain equity in the state’s still mending real estate market. Announced Friday, the new plan differs […]
Category: Housing Market
Trulia: Owning Remains Significantly Cheaper than Renting
DSNews.com BY: KRISTA FRANKS BROCK, 9/19/2013 Despite rising interest rates, owning a home is still significantly cheaper than renting at a national level and in most large metropolitan areas, according to Trulia’s Summer 2013 Rent vs. Buy Report. While rising interest rates are closing the gap between renting and owning, owning is still 35 percent […]