real estate market information: RESEARCHING THE PRACTICALITY OF YOUR DREAMS IS A GOOD IDEA - 09/19/18 08:28 PM
It can be a case of be-careful-what-you-wish-for. You may have pined for years over a large yard, a butler’s pantry, or living in a century-old house, but once you have it, somehow the thrill is gone.
Reality checks can especially hit during the home-buying process. That huge backyard will stop being the golf green you dreamed of after you find out how often you have to maintain it or pay for that privilege. That house with a history might present costly repairs, with problems hidden behind the walls no inspector may have had access to. That’s why doing some due diligence by … (2 comments)

real estate market information: TRADE TALKS HANGING OVER RATE MARKETS - 09/18/18 03:08 AM
Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by a variety of economic or political events. When MBS pricing goes up, mortgage rates or pricing generally goes down. When they fall, mortgage pricing goes up.
Mortgage rates are trending sideways this morning. Last week the MBS market worsened by -37bps. This was enough to move rates higher … (2 comments)

real estate market information: OBSERVING THE RULES OF USING GIFT MONEY TOWARD A DOWN PAYMENT - 09/14/18 12:48 PM
Down payments are a bugger for first-time homebuyers. It seems that the initial financial stab at home ownership is among the greatest roadblocks of owning a home, especially in high-cost urban housing markets, for which it may take a couple a decade or more to transition from renter to homeowner or to vacate their parents’ basement as they save up.
Family members willing to pitch in financially are a boon to getting into a home sooner than it would happen otherwise. In fact, 25 percent of first-time homebuyers used cash they received as a gift for a down payment, according to a … (2 comments)

real estate market information: The 7 Most Unaffordable Cities for Real Estate in the USA (And 3 Affordable Gems!) - 07/17/14 11:16 AM
As prices continue to rise across the board with everything from food to gas, it’s no wonder that real estate prices are high in many cities across the USA. While this is the case for a large number of cities, there are also certain areas in which prices are decidedly low. Here’s a small look at the most affordable and unaffordable cities within America.
The Seven Most Unaffordable Cities
Oakland, CA – Though Los Angeles and San Francisco are 2 California cities that may first come to mind, Oakland is also highly expensive when it comes to real estate, … (1 comments)

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

Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

Chris Brown 407.367.2974

Orlando, FL

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Chris Brown | Certified Mortgage Planners

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

Office: (407) 367-2974

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