ARCHIVED BLOG POSTS

2013 

  Mortgage bonds did not do well the previous week, moving mortgage rates higher. Some of Wall Street expectations for future monetary policy was changed by the economic news was mostly positive and the Federal Open Market Committee (FOMC) changed. The average 30-year fixed rate mortgage rate at ...
02/25/2013
  Falling foreclosure sales nationwide as banks get better at selling homes via short sale, as Foreclosure-tracker RealtyTrac reports. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, making up for 19% of all residential home sales. In addition, pr...
02/25/2013
Chris Brown Mortgage Review Ryan and Ashley are your next-door-neighbor kinda folks in Brevard County, FL.  In addition to their home, they own an investment condo that is under water.  They have understood for some time that buying Cape Canaveral investment real estate is where the smart money i...
02/24/2013
  Home Affordable Refinance Program (HARP) was launched in 2009 as an economic stimulus for underwater homeowners and to help stabilize the housing market that helps homeowners get a timely refinancing. In the year 2009, mortgage rates were going down and it would have been a great time to capita...
02/24/2013
  The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain -- its ninth in a row. HMI is a way to gauge homebuilder confidence. HMI rose 1 point to 47 in December 2012, lifting the index to its highest levels since April 2006. Unfavora...
02/24/2013
  When wanting to buy foreclosed homes or properties, you should know that the process of buying a foreclosed home is not the same as the process of buying a non-foreclosure home.  If you have it in mind to invest in Lake Mary foreclosures, it would be best that you first understand the different...
02/24/2013
  Mortgage markets didn’t do well last week amid ongoing discussions budget and tax conversations in Washington, D.C., and the release of key housing and economic data. The mortgage rates rose in Florida and nationwide. The average 30-year fixed rate mortgage rate at 3.37 percent nationwide for b...
02/24/2013
  One effective way to save money is to improve your home's energy efficiency rating.  For example, up to 9 percent per year of water consumption by Orlando homeowners can be saved on water heating costs simply by installing a water heater jacket. Water heater jackets are not difficult at all to ...
02/24/2013
  Prices for the U.S. housing market continue to soar. Just earlier this week, home prices gained 4.3 percent during the 12-month period ending October 2012 as shown in the S&P/Case-Shiller Index, marking the biggest single-year gain in home prices since May 2010. The Case-Shiller Index measures ...
02/24/2013
  If you’re big on history and enjoy fixing things up, then you may have trouble driving by historic homes for sale in Longwood without feeling the urge to buy and fix one up. But before you start fixing, however, you should know about the three R's of fixing historic homes -- Restoration, Renova...
02/24/2013
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