2020

Mortgage Rates Fall to New Lows – 30-Year Loan at 2.72%

Last week, a stock market surge pushed rates a bit higher. This week, the average 30-year, fixed-rate mortgage fell once again to 2.72%, its 13th record low this year. U.S. long-term mortgage rates fell this week, reaching record lows for the 13th time this year amid fresh signs of weakness in the pandemic-ravaged economy. Mortgage buyer Freddie Mac reported Thursday that the average rate on the...

Pandemic Boosts the Popularity of Online Rental Scams

The number of online rental scams has increased since the pandemic started, largely because the inability to see an apartment or home before moving in raises fewer red flags in the era of social distancing. Local authorities, Better Business Bureau’s local offices, and real estate companies warn renters looking for apartments to be extra diligent in their search and educate themselves on how to...

Sneak Peek Inside the Rooms of the Upcoming ‘Star Wars’ Hotel

This week, Disney announced some major theme park news at the IAAPA Expo: Virtual Education Conference, revealing new information about highly anticipated ride openings and hotels. Josh D’Amaro, chairman of Disney Parks, Experiences, and Products, gave updates on the progress at the Avengers Campus at Disneyland and Disneyland Paris, new rides and attractions coming to Epcot (including Remy’s...

Entire Cast & Crew of “Festival of the Lion King” and “Finding Nemo – The Musical” Laid Off at Disney’s Animal Kingdom

With social distancing markers laid out at both their respective theater locations at Disney’s Animal Kingdom, fans have long since hoped for the return of the popular “Festival of the Lion King” and “Finding Nemo – The Musical” shows since the reopening of the park. However, the latest wave of entertainment layoffs has hit both beloved attractions. According to multiple sources, the...

Condo Associations Continue Ban on Short-Term Rentals

In March, Gov. DeSantis banned short-term vacation rentals. That ended with Phase 3, but some HOAs kept the ban in place citing resident safety. However, that also created problems for short-term rental investors, some of whom haven’t had income in seven months. While people self-quarantined in the early days of the coronavirus pandemic, some communities tried to insulate residents from...

Are you Thinking of Selling your Vacation Home?

It is to be expected that most owners of vacation homes, when it comes time to think about selling, they have so many questions that need to be answered before they move forward with the sales process. This is totally fine. Especially with vacation homes, the sales process is a specialised process, so making sure that you are dealing with a Brokerage that is well versed with dealing with this type...

PHOTOS – Characters to return to Chef Mickey’s along with new menu items

Along with the return of characters, new menu items will debut at what is now an all-you-care-to-eat family style feast instead of the previous buffet offering.Mickey’s “Celebration” Pancake, featuring whipped cream, celebration sprinkles“Loaded” Potato-Cheese Casserole topped with smoked bacon crumbles and chivesGoofy’s Banana Bread French Toast will combine unique flavors of banana...

Report: If Foreclosures Hit Market, It Won’t be Until 2022

Homeowners in forbearance don’t have to make payments until at least March 2021. After that, a foreclosure may take years to finalize and owners might return to work. According to a report from Black Knight based on previous natural disaster recovery patterns, mortgage delinquencies aren’t expected to return to pre-pandemic levels until at least March 2022. Black Knight estimates...

Westgate CEO David Siegel seeks new builder for his unfinished Versailles mansion

There may be some changes in the works for one of Central Florida's longest residential construction projects. Versailles, the 90,000-square-foot mansion being built for Westgate Resorts CEO David Siegel and his wife, Jackie, may be looking for a new team to take over the project. The mansion has been under construction for 16 years. "We're getting ready to hire another...

Disney is laying off 28,000 employees as pandemic hammers its theme parks

Disney CEO Bob Iger steps down, Bob Chapek to take over Disney is laying off 28,000 people in the United States as the coronavirus pandemic hammers its parks and resorts business.The cuts will affect the Disney's Parks, Experiences and Products unit. The company said 67% of the employees laid off will be part-time workers.Disney's parks and resorts division has more than 100,000 US...

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