July 2016

Jumbo Mortgages now Cheaper than Smaller Loans

‘Jumbo’ mortgages now cheaper than smaller loans Now there's a good reason to buy the big house! NEW YORK – July 1, 2016 – Banks will give you a better interest rate if you buy a more expensive and, presumably, bigger home. The interest rate on a 30-year jumbo loan currently stands at 3.71 percent – a notch below the rate for a "conforming" mortgage, which weighs in at 3.73 percent, says Greg...

Florida’s Economy will Outpace U.S. Economy

Forecast: Fla.’s economy will outpace U.S. ORLANDO, Fla. – June 29, 2016 – Spurred by rising job growth and home construction, Florida's economy is expected to continue to grow at a faster pace than the national forecast for the next four years, according to the latest forecast from UCF economist Sean Snaith, director for the Institute for Economic Competitiveness at the UCF College of Business...

Is it better to Rent or Buy?

Buy vs. rent: 5 things to consider Better to Rent or Buy? PITTSBURGH, Pa. – July 1, 2016 – Buying a house is the largest investment most people ever make, and it's not a decision you should enter into lightly, say personal finance experts at the Pennsylvania Institute of Certified Public Accountants. If you're considering making the leap from renter to owner, there are some things you should...

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