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2013 

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The Florida Home Affordable Refinance Program (HARP) was launched as an economic stimulus. It was meant to help upside down homeowners refinance their home mortgages. The Pensacola Florida, HARP managed to help a lot of homeowners, but it didn’t do as well as expected. The initial HARP program he...
03/30/2013

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Should you lease a new car, or should you buy one? Like most financial questions, the answer depends on your situation. For some people, leasing a car presents distinct economic advantages. For others, buying a car is the way to go. There’s plenty of online material to help you choose your optima...
03/30/2013

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Falling home equity has not blocked several U.S. homeowners from refinancing since the launch of HARP. The median appreciation of a refinanced U.S. home has been negative for 12 consecutive quarters. And according to Freddie Mac, this statistic coincides with the 2009 release date of the HARP ref...
03/30/2013

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The government has released a new Home Affordable Refinance Program to help U.S. homeowners become eligible for refinance. On March 17, 2012, a new HARP 2.0 Refinance Program was made available to homeowners. In April 2009, the original version of the Home Affordable Refinance Program (HARP) was ...
03/30/2013

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Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.  Earlier this week, the National Association of Home Builders reported the Home Opportunity Index, a measure of home affordability, d...
03/30/2013

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Home builder confidence rises again. For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007. The Housing Market Index is an indicator of homebuilder co...
03/30/2013

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Mortgage rates in Lake Mary keep on rising. According to Freddie Mac’s weekly Primary Mortgage Market Survey, for the third straight week, the 30-year fixed rate mortgage rate rose, this time tacking on 3 basis points on a week-over-week basis to 3.62%, on average, nationwide. The 3.62% mortgage ...
03/30/2013

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When the HARP 2 Refinance Program was announced I started doing my research. I knew I needed a Florida Harp Lender that could do LPMI and I knew that my Florida home was underwater to the tune of 165% Loan to Value. I alsoknew the lender paid mortgage insurance (LPMI) could throw a monkey wrench ...
03/30/2013

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For Lake Mary homeowners with hard wood floor, a little bit of in-home water can do a whole lot of damage. Over prolonged periods of time, water can warp, buckle, and/or cup hard wood floor, leading to an expensive and time-consuming repair process. Not all warped woodwork requires replacement, t...
03/30/2013

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The market for newly-built homes remains strong. As reported by the U.S. Census Bureau, July featured 502,000 single-family housing starts nationwide on a seasonally-adjusted, annualized basis, marking the fourth straight month during which single-family starts posted north of one-half million. T...
03/30/2013
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