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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...

5 New Artificial Reefs in Panama City Beach

Thursday, May 26, 2016 11:07 AM by Visit Panama City Beach Panama City Beach, already known as the “Wreck Diving Capital of the South” for its abundance of shipwrecks and artificial reefs available for SCUBA divers to explore, has added another group of 5 Super Limestone Reefs to its collection of artificial reefs meant to increase marine life habitat – a certain boon for both divers and...

Freeport Real Estate

Freeport Real Estate Freeport Poised for Major Growth South Walton is essentially a very narrow strip of land, sandwiched between the Gulf of Mexico and Choctawhatchee Bay. With over 40 percent of the land here being protected State Park or Forest — and most major parcels of developable land already being spoken for — there’s simply not a whole lot of room left to grow. With the bustle of Destin...

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