ARCHIVED BLOG POSTS

2011 

  Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 7-3 — the first time in 5 meetings that the nation's Central Bank was non-unanimous and the first time since 1992 that the FOMC adjourned w...
08/10/2011
  Mortgage rates continue drifting downward, despite -- or because of -- a ratings downgrade on long-term U.S. government debt. Standard & Poors issued a single-notch downgrade after Friday's market close, from AAA to AA+. Of the roughly $9.4 billion in publicly-held U.S. debt, 72 percent is long...
08/10/2011
  When furniture arrives in your home, it's factory-issued, perfect and clean. From that day forward, however, accidents can happen, causing damage to your pieces. Sometimes the damage is permanent.   Know how to react when the inevitable spill or scratch occurs and you can "save" your furniture ...
08/10/2011
{EAV_BLOG_VER:776a190d28ed8367} By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many different occurrences can come into play to warrant the need for title insurance. ...
08/10/2011
Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps.   Since there are so many rules and steps to follow, here is a simple list of Do's and Don'ts to keep in mind throughout the mortgage approval p...
08/10/2011
  Mortgage rates in Florida plunged to new 2011 lows this week.  According to Freddie Mac's weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage fell to 4.39% this week -- the lowest 30-year fixed reading since November 18, 2010. The 0.16 drop from last week is...
08/10/2011
  Home sales have heated up, according to the National Association of REALTORS®. More homes are going under contract this summer than went during the winter or spring seasons. Many of these homes are scheduled for late-August/early-September closings.  If your home is among them, plan ahead.  Lik...
08/10/2011
  At 8:30 AM ET Friday, the Bureau of Labor Statistics will release the July 2011 Non-Farm Payrolls report. Mark it in your calendar. If you've been watching mortgage rates fall to new all-time lows this week and fear a mortgage rate reversal, Friday could be the day. The monthly Non-Farm Payroll...
08/10/2011
  The United States is projected to reach its legal $14.294 trillion debt limit today. The limit was set by Congress February 12, 2010. The U.S. Treasury may not issue new debt beyond the debt ceiling. Since April 2011, Congress has debated ways to remain below the nation's $14.292 trillion borro...
08/10/2011
    Home improvement projects are on the rise, according to the BuildFax Remodeling Index. For the 19th straight month, May's index rose, suggesting that homeowners in Longwood are remodeling more frequently than in the past.   Do-it-yourself projects are on the rise, too.   If you're among the m...
08/10/2011
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

Chris Brown 407.367.2974
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