va loan in orlando: What is the Fed's $600 Billion 'QE2'?
- 11/04/10 11:19 AM
Nov. 3, 2010: The Fed announces it will buy $600 billion more in Treasury bonds gradually through the middle of 2011 to try to drive down interest rates on mortgages and other debt. This has been great, at least temporarily, for the markets. The markets are up, rates are down, what could be bad? The Fed it callng it ‘QE2' for ‘Quantitative Easing-Round 2'. The Fed is printing the money already to buy these bonds. Why don't they just print and buy 100 bazillion dollars. They obviously feel that the US economy isn't as going as well as they want everyone … (1 comments)
va loan in orlando: FHA Loan in Orlando is the best kept secret in town!
- 11/02/10 09:22 AM
An FHA Loan in Orlando is the best kept secret in town! The maximum mortgage amount for an FHA Loan in Orlando is currently $353,750. An FHA loan in Orlando would only require a down payment of 3.5% or $12,830. This equates to a mathematical sales price of $366,580! First and foremost, this would save your customer almost $5,500 in down payment if they were going 5% down conventional and $22,828 if they were putting 10% down conventional and they would still have a lower monthly MI payment, dollar to dollar. A sales price of $373,368 would require 5% down, still … (0 comments)
va loan in orlando: What will Mortgage rates do this week? November 1st, 2010
- 11/01/10 03:52 AM
Expect Mortgage Rates to Stay the Same This Week November 1, 2010 Mortgage Rates in the central Florida area, all of Florida, and pretty much everywhere should stay about the same this week. Remember, the pricing on the Fannie Mae 4.0% 30 Year fixed rate mortgage backed security and on the US 10 year Treasury Note fluctuate up and down all day, all the time. They are investment vehicles and go up and down as the investors think they will make or lose money. Factors that will likely influence rates this week: On Monday, the September personal income spending index will … (1 comments)
va loan in orlando: VA Loan in Florida
- 10/29/10 04:44 AM
Have you ever wondered exactly what a VA loan was? A VA Loan is another government backed loan, exactly like FHA! Only the VA loan is backed by the Department of Veterans Affairs in Washington DC, and the FHA loan is backed by the Department of Housing and Urban Development. The VA Loan in Orlando or the VA Loan in Florida is for veterans with enough ‘eligibility' to qualify for 100% financing. It is one of the better benefits bestowed upon our veterans for serving our country. Veteran status includes The Coast Guard, The Reserves and The National Guard. Only Veterans … (0 comments)
Nov. 3, 2010: The Fed announces it will buy $600 billion more in Treasury bonds gradually through the middle of 2011 to try to drive down interest rates on mortgages and other debt.
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