Florida Realtors®
News
Daily Briefing: Tuesday, February 16, 2010
TODAY’S TOP STORIES
Former Countrywide borrowers get over $6K
Check’s in the mail: About 2,700 Floridians will receive money, part of a settlement between Fla. and the defunct lender. Read more.
Investors pay cash, squeeze out homebuyers
A first-time homebuyer might offer more money for a bargain home than an investor, but cash trumps credit in this market. Read more.
Refinancing unavailable for many borrowers
Homeowners who need a lower mortgage rate the most – those who owe more than their home’s current value – don’t qualify. Read more.
Entrepreneurs turn to 401(k)s but it’s risky
Ready to start your own business? 401(k)s can be tapped for seed money without a tax hit or early withdrawal penalties. Read more.
Fla. family gives up on small-town life
Moving to a lower cost of living sounds good, but some ex-Floridians miss the state’s weather and lifestyle more than expected. Read more.
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