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Manhattan's Residential Rental Market Enjoys Strong Price Gains in Q2

Posted by David Barley 07/13/12 10:50 AM EST

According to Manhattan-based Prudential Douglas Elliman, New York City's residential rental market saw strong increases in rates in the second quarter of 2012. The average rent was $3,778, the highest rent in two years as tight mortgage lending conditions and regional economic gains continued to drive rental prices higher. Read More

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PROPERTY OF THE DAY | RESIDENTIAL

(Orlando, FL) - Waterfront Mediterranean Residence, Lake Nona Golf & Country Club Striking the balance between comfort and elegance, this two-story residence is situated on two home sites totaling more than three acres. Offered at $4,600,000 (USD)... Read More

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by Lauren Beale 07/13/12 11:48

******************************************************************************************************************* MORE ABOUT HOMES and MORTGAGES United States Federal Trade Commission More About Money - Mortgages About Fannie Mae Fannie Mae's mission is to provide funding to the housing market, help families and communities, and create value. About Freddie Mac Freddie Mac works with mortgage lenders to help people get lower housing costs and better access to home financing. United States Department of Veteran Affairs HOME LOAN PROGRAM United States Government Veterans Administration Home Loan Program Eligibility Attention Veterans: Apply online. To get your Certificate of Eligibility (COE) online, please go to the eBenefits portal at this link. If you already have login credentials, click the Login box, and if you need login credentials, please click the Register box and follow the directions on the screen. If you need any assistance please call the eBenefits Help Desk at 1-800-983-0937. Their hours are Monday-Friday, 8am to 8pm EST. Military Service Requirements for VA Loan Eligibility: Note: Applications involving other than honorable discharges will usually require further development by VA. This is necessary to determine if the service was under other than dishonorable conditions. Wartime - Service During: WWII: 9/16/1940 to 7/25/1947 Korean: 6/27/1950 to 1/31/1955 Vietnam: 8/5/1964 to 5/7/1975 You must have at least 90 days on active duty and been discharged under other than dishonorable conditions. If you served less than 90 days, you may be eligible if discharged for a service connected disability. Peacetime - Service during periods: 7/26/1947 to 6/26/1950 2/1/1955 to 8/4/1964 5/8/1975 to 9/7/1980 (Enlisted) 5/8/1975 to 10/16/1981 (Officer) You must have served at least 181 days of continuous active duty and been discharged under other than dishonorable conditions. If you served less than 181 days, you may be eligible if discharged for a service connected disability. Service after 9/7/1980 (enlisted) or 10/16/1981 (officer) If you were separated from service which began after these dates, you must have: Completed 24 months of continuous active duty or the full period (at least 181 days) for which you were ordered or called to active duty and been discharged under conditions other than dishonorable, or Completed at least 181 days of active duty and been discharged under the specific authority of 10 USC 1173 (Hardship), or 10 USC 1171 (Early Out), or have been determined to have a compensable service-connected disability; Been discharged with less than 181 days of service for a service-connected disability. Individuals may also be eligible if they were released from active duty due to an involuntary reduction in force, certain medical conditions, or, in some instances for the convenience of the Government. Gulf War - Service during period 8/2/1990 to date yet to be determined If you served on active duty during the Gulf War, you must have: Completed 24 months of continuous active duty or the full period (at least 90 days) for which you were called or ordered to active duty, and been discharged under conditions other than dishonorable, or Completed at least 90 days of active duty and been discharged under the specific authority of 10 USC 1173 (Hardship), or 10 USC 1173 (Early Out), or have been determined to have a compensable service-connected disability, or Been discharged with less than 90 days of service for a service-connected disability. Individuals may also be eligible if they were released from active duty due to an involuntary reduction in force, certain medical conditions, or, in some instances, for the convenience of the Government. Active Duty Service Personnel If you are now on regular duty (not active duty for training), you are eligible after having served 181 days (90 days during the Gulf War) unless discharged or separated from a previous qualifying period of active duty service. Selected Reserves or National Guard If you are not otherwise eligible and you have completed a total of 6 years in the Selected Reserves or National Guard (member of an active unit, attended required weekend drills and 2-week active duty for training) and Were discharged with an honorable discharge, or Were placed on the retired list, or Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable service, or Continue to serve in the Selected Reserves Individuals who completed less than 6 years may be eligible if discharged for a service-connected disability. Unremarried Surviving Spouses/Spouses of POW or MIA Serviceperson: Are an unremarried spouse of a veteran who died while in service or from a service connected disability, or Are a spouse of a serviceperson missing in action or a prisoner of war Note: Also, a surviving spouse who remarries on or after attaining age 57, and on or after December 16, 2003, may be eligible for the home loan benefit. However, a surviving spouse who remarried before December 16, 2003, and on or after attaining age 57, must apply no later than December 15, 2004, to establish home loan eligibility. VA must deny applications from surviving spouses who remarried before December 6, 2003 that are received after December 15, 2004. Eligibility may also be established for: Certain United States citizens who served in the armed forces of a government allied with the United States in WW II. Individuals with service as members in certain organizations, such as Public Health Service officers, cadets at the United States Military, Air Force, or Coast Guard Academy, midshipmen at the United States Naval Academy, officers of National Oceanic & Atmospheric Administration, merchant seaman with WW II service, and others. *******************************************************************************************************************
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Currency units per U.S. dollar, averaged over the year.^[62] * = value at start of year. 1864
	1970*		1980*	1985*	1990*	1993	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011
Euro		—	—	—	0.8343	0.8551	0.9387	1.0832	1.1171	1.0578	0.8833	0.8040	0.8033	0.7960	0.7293	0.6791	0.7176	0.6739	0.7178
Japanese yen		357.6	240.45	250.35	146.25	111.08	113.73	107.80	121.57	125.22	115.94	108.15	110.11	116.31	117.76	103.39	93.68	87.78	79.70
Pound sterling		8s4d=0.4167	0.4484^[63]	0.8613^[63]	0.6207	0.6660	0.6184	0.6598	0.6946	0.6656	0.6117	0.5456	0.5493	0.5425	0.4995	0.5392	0.6385	0.4548	0.6233
Canadian dollar		1.081	1.168	1.321	1.1605	1.2902	1.4858	1.4855	1.5487	1.5704	1.4008	1.3017	1.2115	1.1340	1.0734	1.0660	1.1412	1.0298	0.9887
Mexican peso		—	2.80¹	2.67¹	2.50¹	3.1237	9.553	9.459	9.337	9.663	10.793	11.290	10.894	10.906	10.928	11.143	13.498	12.623	12.427
Renminbi yuan		2.46	1.7050	2.9366	4.7832	5.7620	8.2783	8.2784	8.2770	8.2771	8.2772	8.2768	8.1936	7.9723	7.6058	6.9477	6.8307	6.7696	6.4630
Indian rupee		–	8.000	12.38	16.96	31.291	43.13	45.00	47.22	48.63	46.59	45.26	44.00	45.19	41.18	43.39	48.33	45.65	46.58
Singapore dollar		—	—	2.179	1.903	1.6158	1.6951	1.7361	1.7930	1.7908	1.7429	1.6902	1.6639	1.5882	1.5065	1.4140	1.4543	1.24586	1.2565
South African Rand		0.7182	0.7780	2.2343^[64]	2.5600	3.2729	6.1191	6.9468	8.6093	10.5176	7.5550	6.4402	6.3606	6.7668	7.0477	8.2480	8.4117	7.3159	7.2510
_{Source: Last 4 years 2005-2002 2003–2100 1996–1999 1993–1996 1990 1970–1992 1970–1985 Canada, China, Mexico} _{1. Mexican peso values prior to 1993 revaluation.}

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