windermere fl: Orlando, East Orlando Area Homes For Sale, Windermere, Winter Garden FL. Just Listed - 03/07/08 12:15 PM
About the author: Jerry LaRose is an Orlando Area Residential Real Estate Expert, who can assist you with the purchase and/or sale of real estate in Orlando, Windermere, Winter Garden Florida or any place in the country. Jerry has created a team of professionals throughout Orlando and the country to ensure that you enjoy a smooth transition to your new area. Please visit www.JerrySellsOrlando.com for your real estate needs. Please give me a call if you have questions about the Orlando and Central Florida real estate market. Jerry LaRose, P.A., ABR, GRI, e-PRO, CLHMS, REALTOR® 407-580-7011 (Copyright © 2008 By Jerry … (0 comments)

windermere fl: Orlando Fl. Real Estate - Interest Rates - 03/07/08 12:13 PM

Weak Economic Reports Drive Mortgage Rates Downward According to Freddie Mac's Weekly Survey
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.03 percent with an average 0.5 point for the week ending March 6, 2008, down from last week when it averaged 6.24 percent. Last year at this time, the 30-year FRM averaged 6.14 percent.
The 15-year FRM this week averaged 5.47 percent with an average 0.5 point, down from last week when it averaged 5.72 percent. A year ago at this time, the 15-year FRM averaged 5.86 percent. … (0 comments)

windermere fl: Orlando Fl Real Estate - Mortgage Fraud - 03/07/08 12:12 PM

Don't Get Caught In Mortgage Fraud
It's like a Train Wreck.
Mortgage fraud is among the top concerns of those investing in real estate. If you get caught in a mortgage fraud scheme it can create a financially painful and emotionally distressing situation. While there are many reputable and trustworthy mortgage providers, the lengthy documents filled with legal jargon make conditions ripe for misunderstandings. So before you sign, consider the following:
1. Read every page of every document.
2. Sign documents only after seeing that the original and the copy contain the same contents. Be sure to get your copy.
3. Make sure … (0 comments)

windermere fl: Orlando Real Estate - Mortgage Rates Drop - 03/07/08 12:11 PM
Mortgage rates dropMortgage rates sank this week, reflecting investors' worries about the country's economic health.Freddie Mac, the mortgage company, reported Thursday that 30-year fixed rate mortgages averaged 6.03 percent for the week ending March 6. That was down from last week's 6.24 percent, which had been the highest in more than three months."Weak economic reports that indicated declines in the job market, slowing in manufacturing and low consumer confidence drove bond yields lower this week and mortgage rates followed," said Frank Nothaft, Freddie Mac's chief economist. "Interest rates for 30-year fixed-rate mortgages are now at the same levels as they were … (0 comments)

windermere fl: Orlando Fl Real Estate = Foreclosures - 03/07/08 12:10 PM
Home foreclosures hit record highHome foreclosures soared to an all-time high in the final three months of 2007 and probably will keep rising, evidence of homeowners' suffering and the economic danger from the meltdown.The Mortgage Bankers Association said Thursday the proportion of all mortgages that slipped into foreclosure set a record, 0.83 percent, from October through December. The previous high, 0.78 percent, came in the July-through-September period."Clearly it's the worst it's been," At the same time, more homeowners fell behind on their monthly payments.The delinquency rate - when payments are at least 30 days past due - for all mortgages climbed … (0 comments)

windermere fl: Orlando Real Estate, Windermere Fl Home for sale - Lakes of Windermere - 03/07/08 12:09 PM
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windermere fl: Orlando Real Estate, Windermere fl home for sale - lakes of windermere - 03/07/08 12:08 PM
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windermere fl: East Orlando, Waterford Lakes, Avalon Park, Home for sale - 03/06/08 11:15 AM
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windermere fl: Orlando Area News - HUD unveils Proposed Changes to Mortgage Process - 03/03/08 12:50 PM
Washington Report: HUD Unveils Proposed Changes to Mortgage Process Published: March 3, 2008
Within days, the federal department of Housing and Urban Development plans to unveil sweeping proposed changes to the American mortgage application process and real estate settlement system.
The rule changes are the end-product of HUD's five-year effort to streamline mortgage disclosures, promote comparison shopping by loan applicants, and to stamp out eleventh-hour surprises at closings -- where fees come in hundreds or thousands of dollars higher than initial estimates.
Realty Times obtained a point by point summary of the proposals in advance of their official release by HUD. The changes are … (0 comments)

windermere fl: Waterford Lakes FL., AValon Park Fl., Windermere Home for sale - 02/29/08 12:01 PM
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windermere fl: Waterford Lakes Fl., Avalon Park, FL., & East Orlando Real Estate - Bernanke Hints at More Rate Cuts Amid Multiple Economic Risks - 02/28/08 11:52 AM
WASHINGTON -- Federal Reserve Chairman Ben Bernanke Wednesday delivered an economic forecast fraught with risks from housing, labor and credit markets, suggesting policymakers remain on track to lower interest rates further next month. Meanwhile, Mr. Bernanke indicated that inflation risks are more two-sided, though skewed slightly to the high side -- a nod to the stagflationary mix of weak growth and rising price data of late.
But Mr. Bernanke made it clear where the Fed's main worries lie. "It is important to recognize that downside risks to growth remain," Mr. Bernanke told members of the House Financial Services Committee.
http://online.wsj.com/article/SB120412412525296845.html?mod=hpp_us_whats_news
About the author: 
Jerry … (0 comments)

windermere fl: Waterford Lakes Fl., Avalon Park Florida - Florida Homes "ON-SALE" - 02/28/08 11:49 AM
Yes, Florida is on-sale. Orlando is one of the best cities for bargain hunters.
According to Forbes magazine Orlando is one of the top ten markets for home bargain hunters. Here they are:
1. Salt Lake City, Utah
Of the major metros in the U.S., Salt Lake City is adding jobs faster than anywhere. The economic boom in SLC has drawn residents from all over the country, and more than a few home builders trying to make a profit in these otherwise woeful times. Housing supply has gone up quickly, and there hasn't been a high rate of foreclosure.
2. Raleigh, N.C.
Raleigh is another market … (0 comments)

windermere fl: Waterford Lakes Fl., Avalon Park, Fl. Real Estate Tax Amendment 1 Important Dates - 02/27/08 01:33 PM
There are some important deadlines approaching with regard to provisions of Amendment 1.
What you should do to receive benefits of Amendment 1 To receive some of the benefits of the changes enacted January 29th, certain citizens must take action by March 1, 2008. The Constitutional amendment created four new opportunities for taxpayers to obtain tax relief:
1. Increased homestead exemption
2. Portability of "Save our Homes" benefit
3. $25,000 exemption for tangible personal property
4. 10% annual assessment limitation for non-homestead property What taxpayers must do to receive these new benefits:
1. Increased homestead exemption - Homeowners that are currently receiving … (0 comments)

 

Jerry LaRose

Waterford Lakes, Avalon Park Fl. Realtor

Alafaya, FL

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Keller Williams classic Realty

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