ARCHIVED BLOG POSTS
2013
There are awkward spaces that are difficult to utilize in many Lake Mary homes. Such is true in older houses especially; there are rooms, closets and nooks that once had a purpose that is now outdated. So before even trying to cover it up or fill it with junk, take a look at the smart solutions b...
05/08/2013
0
Comments
The Federal Reserve asked senior loan officers as part of its quarterly survey to member banks nationwide, whether last quarter’s “prime” residential mortgage guidelines have tightened, loosened, or remained as-is. A “prime” borrower is defined as one with a well-documented, high-performance cred...
05/06/2013
0
Comments
Space heaters are popular among homeowners in Orlando because, as portable appliances, they can heat a small space quickly and they won’t be a pain to one’s wallet. It requires less energy to run a space heater than to raise the temperature of an entire home by a few degrees. However, there’s a d...
05/06/2013
Throughout Florida, foreclosed homes are a hot market. October’s foreclosure filings rose 7 percent to 231,000 filings nationwide, according to foreclosure-tracking firm RealtyTrac. A “foreclosure filing” is any one of the following foreclosure-related events : A default notice on a home; a sched...
05/06/2013
Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program on Tuesday, kick-starting a potential refinance frenzy across Florida and nationwide. HARP is an acronym for Home Affordable Refinance Program. The updated program is intended to give “underwater ho...
05/06/2013
Homebuilder confidence continues to go up. The Housing Market Index surged again in November, climbing another three points to 21just two months after falling to a multi-month low. It’s the second consecutive month that the HMI posted a 3-point gain, catapulting the index to an 18-month. The Hous...
05/06/2013
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months. A “Housing Start” is a home on which ground ha...
05/06/2013
Carbon monoxide is an odorless, colorless, poisonous gas. It kills more 400 people die in their homes each year. Carbon monoxide poisoning is especially common during periods of power outage. This is because homeowners throughout Longwood fire up their personal home power generators. Read more at...
05/06/2013
A broad rebound is underway in the housing market. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide. On a seasonally-adjusted, annualized basis, October Existing Home Sales gained 70,000 units as compared to September, registering 4.97 million exi...
05/06/2013
0
Comments
A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac. Conforming mortgage guidelines are Fannie’s and Freddie’s eligibility standards; an underwriter’s series of check-boxes to determine whether a given loan should be approv...
05/06/2013
Rainmaker
531,205
531,205
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown 407.367.2974