Housing experts worry that millions of foreclosures will surface in Florida, Texas and Puerto Rico after recent hurricanes forced owners from their homes. Many lenders extended grace periods for affected customers, but consumer advocates fear that many will simply walk away from their mortgages once that grace period ends. "I'm anticipating a wave of problems coming...
November 2017
Orlando has made the short list of potential host cities for a new U.S. cricket league that an Indian-American investor is planning to launch in the next few years. Orlando is one of eight cities identified by Global Sports Ventures for a potential home team for their new league. Other cities include East Brunswick, New Jersey; Washington, D.C.; Atlanta, Chicago, San Francisco, New York,...
ORLANDO, Fla. - A resort and 15-acre crystal clear lagoon is being planned for Orlando's Lake Nona development, the Tavistock Development Company said Wednesday. The company said crews will break ground on the Lake Nona Resort on Lake Nona's southern shore next year. It's expected to open in 2020. Photos: Orlando crystal clear lagoon The eight-story resort will feature 250 rooms, 80...
Long-term mortgage rates rose this week to the highest level in months. Mortgage giant Freddie Mac says the rate on benchmark 30-year, fixed-rate mortgages hit 3.95 percent, up from 3.90 percent last week and highest since July. A year ago, it stood at 3.94 percent. The rate on 15-year home loans, popular among those who refinance mortgages, climbed to an average...