MORTGAGESThe Federal Reserve will propose new mortgage rules tomorrow that would give consumers much greater protection. Under consideration: Voiding subprime borrowers’ prepayment penalties, restricting loans that don’t require proof of income, and improving financial disclosures given to borrowers.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-121707.cfm

HOMEBUYERS

It’s good to be a homebuyer, and buyers today know that they’re in the driver’s seat. Most buyers, flush with inventory, can take their time to find the home that’s “just right.” And many find great deals if they’re patient.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n5-121207.cfm

For Lake City homes and Lake City Real Estate for sale check out my website at:

http://www.chadstewart.com/

A lot of Florida government information is online – if you can find it. An agreement signed yesterday with Google, however, could make a search easier if you’re looking for state business information or doing research on a property listing.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-120407.cfm