TODAY'S TOP STORIES Congress extends higher mortgage loan limits The extension still needs Pres. Obama's signature, expected shortly, to keep limits at current levels through 2010. Read more. House committee weighs scrapping HVCC It could be replaced with rules developed through usual federal procedures that include public comment periods. Read more. Pending home sales rise again Sept. reflects eight straight months of increases; the year-over-year increase is the highest on record, says NAR. Read more. Citizens gets 5.4% Fla. insurance rate hike The increases, which don't include high-risk property, average 8.8% for rentals and 10.2% for condo associations. Read more. New fed rule on commercial loan modifications Prudent banks that modify loans "will not be subject to criticism (by regulators) for engaging in these efforts." Read more. +++++++++++++ ADVERTISEMENT +++++++++++++ Florida's Realtors Can Cut Costs on UPS Shipping! Whether you already have a UPS account or not, get exclusive discounts up to 28%, including international. No catch, no minimums. Go here and sign up in two minutes. NOW YOU KNOW Foreign investor challenge: mortgage money A weak dollar and price drops have created demand, but financing remains a challenge for buyers without cash in hand. Read more. Florida Realtors® News DBPR: Unlicensed activity crackdown The Department plans statewide sweeps this week in partnership with other local law enforcement and other agencies. Read more. AROUND FLORIDA Port St. Lucie: City is attracting jobs Orlando: Student housing complex planned near UCF Seminole: Council may pass limit on business sign size |