mortgage: What’s Ahead For Mortgage Rates This Week – April 17, 2017 - 04/18/17 02:29 AM
Last week’s economic releases included readings on inflation, core inflation, new jobless claims, and mortgage rates. Consumer sentiment for April was also released. Continue here: What’s Ahead For Mortgage Rates This Week – April 17, 2017
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mortgage: Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting - 04/13/17 06:31 AM
If you’ve decided to invest and have finally found your ideal home, it’s probably an exciting time for you and your family. But before the deal is sealed, there will be a closing meeting so that all of the loose ends can be tied up. If you want to be ready for closing and are curious what the final meeting will entail, here are a few things to be prepared for. Continue here: Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting
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mortgage: What’s Ahead For Mortgage Rates This Week – March 20, 2017 - 03/21/17 05:19 AM
Last week’s economic readings included reports on inflation and core inflation, the National Association of Home Builders Association Housing Market Index and Federal Reserve FOMC statement and press conference by Fed Chair Janet Yellen. The Commerce Department released reports on housing starts and building permits issued. Continue here: What’s Ahead For Mortgage Rates This Week – March 20, 2017
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mortgage: What’s Ahead For Mortgage Rates This Week – March 13, 2017 - 03/14/17 07:31 AM
Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released. Continue here: What’s Ahead For Mortgage Rates This Week – March 13, 2017
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mortgage: If Your Home Is Destroyed in a Natural Disaster, What Happens to Your Mortgage? - 03/09/17 04:45 AM
When you’ve been in your home for a while and have established a certain amount of equity, it can be a good feeling to know that you have an investment you can count on. However, with changing weather patterns you may be afraid of a natural disaster striking and what it could mean for your financial well-being. If you’re curious about how this can impact your mortgage, here are a few things to consider. Continue here: If Your Home Is Destroyed in a Natural Disaster, What Happens to Your Mortgage?
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mortgage: What’s Ahead For Mortgage Rates This Week – March 6, 2017 - 03/07/17 03:32 AM
Last week’s economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would “likely” be raised. Weekly reports on new jobless claims and mortgage rates were also released. Continue here: What’s Ahead For Mortgage Rates This Week – March 6, 2017
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mortgage: 4 Misconceptions About Reverse Mortgages — and Why You May Decide You Want One - 02/23/17 04:50 AM
With so many mortgage products available on the market, it can be hard to know which ones will serve you best as a homeowner. As a result, there are many mistruths surrounding the reverse mortgage products. If you’ve heard of this homeownership option and are wondering what it can do for you, let’s clear away some of the misconceptions. Continue here: 4 Misconceptions About Reverse Mortgages — and Why You May Decide You Want One
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mortgage: Ultimate Christmas Gift: Paying Off A Relative's Mortgage - 12/02/15 11:04 AM
Christmas is just around the corner, and if you’re in a position to do it, paying off a family member’s mortgage is one of the biggest gifts you could give this holiday season. A mortgage can be a heavy burden on a young homeowner, which is why paying it off is the ultimate act of charity. But when it comes to paying for someone else’s mortgage, the process isn’t entirely straightforward.So how do you pay off a family member’s mortgage? Here’s what you need to know. Continue here: How to Give the Ultimate Christmas Gift: Paying Off a Family Member’s Mortgage
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mortgage: In What Way Does Making Lump Sum Payments Affect Your Mortgage? - 04/19/15 08:28 PM
Periodically, many homeowners will receive a rather sizable amount of extra cash. This may be from a bonus from your employer, a refund on your tax return, a financial gift from a relative or something else altogether.
While there are many things that you could do with your windfall, you may be wondering if paying down your mortgage balance is a wise idea. Before you make your decision about how to spend your money, consider what impact your lump sum payment will have on your mortgage. Continue here: How Does Making Lump Sum Payments Affect Your Mortgage? Let’s Take a Look
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mortgage: Interest-Only Mortgage - 01/20/15 02:44 PM
When you have been researching your different options for a mortgage on your home, you might have heard of an “Interest-Only Mortgage”. What exactly does this type of mortgage mean and how does it work?
Continue here: How Does An Interest-Only Mortgage Work?
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mortgage: Why You Should Consider a ‘Reverse Mortgage - 01/08/15 03:28 PM
If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here’s why.
Continue here: Nearing Retirement? Three Reasons Why You Might Consider a ‘Reverse Mortgage’
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mortgage: A Quick Guide to Closing Costs and What to Expect - 11/27/14 10:58 PM
Whether you’re just starting to shop for a new home or you’ve already found the perfect new house and you’re ready to submit an offer, if you’re taking out a mortgage loan to cover some of the home’s purchase price you should be aware of the various closing costs you may encounter.
In today’s blog post we’ll share a quick guide to closing costs and what you can expect to pay when you buy a new home.
See more at: Buying a Home with a Mortgage? A Quick Guide to Closing Costs and What to Expect
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mortgage: Getting Past No: What To Do If You’re Turned Down For A Mortgage Or Other Home Financing - 06/25/14 11:17 AM
Getting pre-approved for a mortgage loan is an integral part of having the ability to purchase a home in today’s society.
 
With most home prices well above what the majority of us have in the bank, getting approved for a mortgage can be the deal maker or breaker when it comes to purchasing a piece of property. Therefore, getting rejected for a mortgage can feel like a huge loss.
 
The first thing to realize, however, is that there are action steps you can take to get to “yes.” Here’s what to do if you’re turned down for a mortgage … (2 comments)

mortgage: 3 Common Home Financing Problems And How To Avoid Them - 07/18/13 01:02 AM
Getting the best mortgage financing for your new home can sometimes be a complicated process and, unfortunately, things can go wrong. Using a licensed and trusted mortgage loan specialist can help alleviate many of these challenges.
There are certain mistakes that many homebuyers make when applying for their mortgages that can seriously damage their chances of being approved. If you are aware of the most common mortgage issues, you will be better able to prevent them when applying for your own mortgage.
To learn more about how to avoid common home financing problems Visit 3 Common Home Financing Problems And How … (1 comments)

mortgage: 30-Year Fixed Rate Mortgage Rates Fall To 3.62% Nationwide - 04/11/13 03:42 AM
Once again this week, 30-year fixed rate mortgage rates have hit new, all-time lows.
The average 30-year fixed rate mortgage rate fell 4 basis point to 3.62% nationwide, according to Freddie Mac’s weekly mortgage rate survey of more than 125 banks nationwide.
The rate is available to conforming, prime borrowers willing to pay an accompanying 0.8 discount points plus a full set of closing costs. A ”prime” mortgage applicant typically has excellent credit, verifiable income, and at least 25% equity in their home.
 Read more at 30-Year Fixed Rate Mortgage Rates Fall To 3.62% Nationwide   … (0 comments)

mortgage: FHA or HARP Refinance? Information for Florida Homeowners - 04/09/13 02:11 PM
St Pete, Florida homeowners with an underwater mortgage certainly have heard much about the options available to them to lower their monthly payments and interest rates.  A number of programs of programs are currently available and it would be best to ask help from a certified mortgage professional who can give specific advice on what options are best for a homeowner’s individual case.
The FHA and HARP refinance programs are the two most popular programs currently and below are some general guidelines.
The Home Affordable Refinance Program (HARP) was launched in 2009 and relaunched in 2011.  The program is available to current … (0 comments)

mortgage: How to get a lower refinance rate in Jacksonville, Florida - 04/04/13 05:33 AM
Jacksonville, Florida home owners are looking for the very best mortgage refinance interest rates they can find.
 
If you’re one of them who wants to refinance their mortgage with the lowest rates possible then here are some things you need to do.
 
First of all, before you go around hunting for low mortgage rates, figure out your financial plan… Set goals that fit into this financial plan. Then get yourself a mortgage product that matches.  Not sure what your plan is or should be… we can connect you with who we trust with our money, if you like.
 
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mortgage: Mortgage Standards Stop Tightening; Lending Soon To Loosen? - 04/04/13 05:16 AM
The nation’s biggest banks have started to loosen mortgage lending guidelines.
As reported by the Federal Reserve, last quarter, no “big banks” reported stricter mortgage standards as compared to the quarter prior and “modest fractions” of banks reported easier mortgage standards. 
The data comes from the Fed’s quarterly Senior Loan Officer Survey, a questionnaire sent to 64 domestic banks and 23 U.S. branches of foreign banks. The survey is meant to gauge, among other things, direct demand for consumer loans and banks’ willingness to meet this demand.
Read more at Mortgage Standards Stop Tightening; Lending Soon To Loosen?   … (0 comments)

mortgage: Mortgage Rates - 04/01/13 10:16 PM
May sees the continuing drop of conforming mortgage rates.
For the second consecutive week, a new, all-time low on a nationwide scale has been set as the 30-year fixed rate mortgage has plummeted. This week the average 30-year fixed mortgage rate dropped 1 basis point to 3.83% for borrowers willing to pay 0.7 discount points including a full set of closing costs as reported in Freddie Mac’s weekly mortgage rate survey.
New lows have also been reached by the 15-year mortgage rates. A very low mortgage rate record was set, registering 3.05% with an accompanying 0.7 discount including closing costs.
Read … (0 comments)

mortgage: Your Sarasota, Florida Mortgage Loan Denied? Just Apply Again - 04/01/13 08:01 PM
There are plenty of “streamline refinance” programs available from the government:
·         the Sarasota, Florida FHA Streamline Refinance
·         the Sarasota, Florida VA Streamline Refinance (also known as IRRRL)
·         and the Sarasota, Florida HARP Refinance Program of Fannie Mae and Freddie Mac
These programs are noted for being a lot easier on customers with its refinance requirements because they remove traditional mortgage underwriting obstacles that have been stopping numerous homeowners from getting a refinance.
Read more at Your Sarasota, Florida Mortgage Loan Denied? Just Apply Again   … (1 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



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