chris brown: Sanford - 4/3 3140 sq ft SFH - June Moore - Coldwell Banker - 11/03/08 04:03 AM

(0 comments)

chris brown: Lake Mary - 4/2.5 3000 sq ft SFH - June Moore - Coldwell Banker - 11/03/08 03:52 AM

(0 comments)

chris brown: Mount Dora - 3/2 2594 sq ft SFH - June Moore - Coldwell Banker - 11/03/08 03:47 AM

(1 comments)

chris brown: 4/3.5 2575 sq ft SFH - Trish Curcija - Dave Brewer Realty - 11/03/08 03:37 AM

(1 comments)

chris brown: I'll meet you halfway... - 11/03/08 01:07 AM
Mike, you are the king of cool stuff... thanks for finding this! Follow Me on Twitter
How many times have you said or heard that? 
Have last minute docs that need to be signed and the client is at work?  How often has that happened?
Can they meet you halfway?
So where is halfway?
And when we decide where that point is, where do you want to meet?
The side of the road isn't the right option.
Want to have coffee?
How about a little Pizza & Beer? So many questions! How do you figure it all out?
Fear not!  I have the website to quickly … (2 comments)

chris brown: 4/4 3600+ sq ft SFH - Fred & Carol Adams - Watson Realty - 11/01/08 12:01 PM

(0 comments)

chris brown: FED Cut and Lower Orlando Interest Rates - 10/30/08 11:37 PM

Do they go to a special school to 'speak FED'??? Good Lord, fellas... we gotta be able to understand this stuff to be able to respond appropriately... or is that not what you want? LMAO
Well, the Federal Open Market Committee voted to cut the Fed Funds Rate by .5% today. The benchmark rate now stands at 1.0%. THIS DOES NOT LOWER MORTGAGE RATES
In its press release, the Fed got busy addressing the main issue at-hand, stating that economic activity has "slowed markedly". Ha... 'markedly'... have you ever used that word in your life? Well, my readers are notably … (4 comments)

chris brown: 4/2 2000 sq ft Home for Sale - Scot Prince - Dave Brewer Realty - DeBary Golf & CC. - 10/27/08 07:54 AM

(0 comments)

chris brown: 4/3 2567 sq ft Home for Sale - FSBO - Dropped $70,000 - Kay's Landing - 10/27/08 07:50 AM

(2 comments)

chris brown: 4/3 2800 sq ft Home for Sale - Frank Benevento - Coldwell Banker - Heathrow - 10/27/08 07:44 AM

(0 comments)

chris brown: 3/2 1533 sq ft Townhome for Sale - June Moore - Coldwell Banker - 10/27/08 07:05 AM

(0 comments)

chris brown: 3/2.5 1778 sq ft Home for Sale - Kelly Green - Realty Executives - 10/27/08 06:45 AM

(1 comments)

chris brown: 5/3.5 4400 sq ft Home for Sale - June Moore - Coldwell Banker - 10/27/08 06:41 AM

(0 comments)

chris brown: Mortgage Chili Blog - Last Weeks Leftovers... - 10/27/08 02:24 AM
Mortgage markets bucked the curve last week and decided to be, well, volatile! At least there was a change, huh? Good Grief.
After opening with a solid performance that drove rates down, mid and late-week fears of a global recession reversed that path as Mortgage-backed securities broke back below the 200 day moving average...that is bad for rates.
This was an unexpected outcome for the week considering that:
The dollar advanced 5 percent, making bonds "worth more" Oil dropped by 11%, helping to spur consumer spending LIBOR dipped a bit, signaling a credit 'thawing' [does that even make sense?] Each of … (0 comments)

chris brown: Dec. 13th Fannie Mae Changes may make ownership impossible for some... - 10/22/08 12:35 AM
Not to be an alarmist, but with the new requirements... it may just be impossible for some to get conventional financing...
In an effort to limit risky borrower behavior, however, Fannie Mae announced a new round of mortgage guideline alterations last week.
Unlike the previous 20+ updates that:
raised income requirements and raised minimum credit scores Fannie's latest guideline modifications focus on the value of the collateral itself... equity the homeowner would have in the prospective property -- more simply put...
Find out the whole scoop in a new window:
Dec. 13th Fannie Mae Changes may make ownership impossible for some...
(3 comments)

chris brown: How much does Private Mortgage Insurance [ PMI ] cost for my mortgage? - 10/20/08 10:54 PM
In today's marketplace, most people don't have a ton of money to put down on an Orlando home purchase. Orlando FHA loans allow [right now] as little as 3% down and conventional loans as little as 5-10% down.  This is good news for those of us without all the dough... but then we get to deal with PMI...
Anytime we end up with a first mortgage amount over the 80% loan-to-value 'mark' we enter the fun world of Private Mortgage Insurance (PMI). PMI is a mortgage lender's insurance policy against highly-leveraged houses.
With PMI defaults up to almost...
Read the whole … (0 comments)

chris brown: Awesome updated 4/2 FSBO in a great location in Casselberry - 10/20/08 10:49 PM

(0 comments)

chris brown: The FEAR Market... - 10/20/08 03:16 AM
Last week, the Dow had both its largest one-day point gain and second-largest one-day point loss in history. Isn't this fun!!??
Mortgage markets got turned head over heels, too.
From day to day, huge swings made Orlando mortgage rate shopping difficult. It wasn't uncommon for lenders to change pricing 3 times per day. In a more stable environment you typically see one rate per day, with a possible single reprice if things swing one way or the other. Now they are swinging one way AND the other. [Make sure you don't eat the...

Read the rest of the stupid-cool post … (6 comments)

chris brown: How do I SHORT REFINANCE my ARM Mortgage into an FHA Loan? - 10/15/08 04:02 AM
ARMs have been strained,
ARMs have been twisted.
Since Lehman failed you may find that...
your ARM as around your own neck?.
Ugh... for current home owners with soon-to-adjust adjustable rate mortgages [ARM], the recent financial market upheaval worldwide may lead to a personal catch-22.
This is mainly because most conforming ARMs made after 2003 are based on an index called "LIBOR" [London Interbank Offered Rate... this is the rate that banks charge one another] and LIBOR is up an uncharacteristic 2 percent since September. Ooof.
Historically, LIBOR has tracked the U.S. treasury market, plus about 1/2-percent. This suggests that … (2 comments)

chris brown: Mortgage Siesta - Stock Fiesta... Columbus's Wild Ride... - 10/14/08 02:18 AM

BUY BUY BUY!!! Doooh... did you miss it? Throughout the feverish activity on Wall Street last week, mortgage backed securities sold off with vengeance, driving mortgage rates to their highest levels since July. It was the 4th straight week in which long term rates got worse.
But, with the mortgage markets taking a siesta celebrating Columbus Day on Monday, stocks had a little fiesta with the largest point gain LIKE....EVER! In fact the only reason...
Click the link - read the article - see the cool graph...
Mortgage Siesta - Stock Fiesta... Columbus's Wild Ride...

Chris the Implementer
Orlando … (2 comments)

 
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974 (Chris Brown | Certified Mortgage Planners)

Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

Chris Brown 407.367.2974

Orlando, FL

More about me…

Chris Brown | Certified Mortgage Planners

Address: 1331 S International Parkway , Suite 2251, Lake Mary, FL, 32746

Office: (407) 367-2974

Fax: 800LoanGap



Listings

Links

Archives

RSS 2.0 Feed for this blog