Archives for May, 2007
South Florida “Subprime” Mortgage Market
Wednesday, May 30th, 2007
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South Florida “Subprime” Mortgage Market - the area has much at stake in the furor over the quality of its so-called “subprime” mortgages.
How do South Florida’s numbers compare to the national average and other areas of the country? The latest twist – were half of the subprime borrowers ripped off? Did they actually qualify for [...]
3 Palm Beach County High Schools in Top 50 of Nation’s Best
Monday, May 28th, 2007
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Three high schools in Palm Beach County made the Top 50 in NEWSWEEK Magazine’s list of the Top 1,200 Schools in the Nation. Suncoast High in Riviera Beach (5), Dreyfoos School of the Arts in West Palm Beach (17) and Atlantic High in Delray Beach (37) also were in the top 50 in last year’s [...]
Mortgage Interest Rate Survey - May 25, 2007
Monday, May 28th, 2007
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In this week’s Mortgage Interest rate survey, according to Freddie Mac, rates jumped 10 basis points or 1/100%, as investors sold bonds on the market - the law of supply and demand causes bond prices to go down. When bond prices fall, bond yields rise, and mortgage rates follow the trend.
Freddie [...]
