ARCHIVED BLOG POSTS
2010
All day, every day, conforming and FHA mortgage rates in Florida are in flux. Rates move in response to hundreds of factors which exact varying levels of influence. Among the biggest influences on mortgage rates is inflation. When inflation is.......... Read the COMPLETE BLOG POST HERE: The 1...
06/30/2010
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In 2006, in the U.S., a person died in an in-home fire every 2 hours, 42 minutes, on average; someone was injured every 32 minutes. Nearly $7 billion of......... Read the COMPLETE BLOG POST HERE: How To Use A Fire Extinguisher In Your Home
06/28/2010
One month after the federal homebuyer tax credit's official expiration, the New Home Sales report turned in its worst showing ever. In May 2010, for the first time in 11 months, the inventory of unsold new homes crossed the 8-month marker, posting an 8.5 month supply overall. Additionally, new h...
06/27/2010
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its.......... Read the COMPLETE BLOG POST HERE: A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
06/24/2010
The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. The FOMC is the monetary policy-setting part of the government and its primary tool for that purpose is the Fed Funds Rate. The Fed Funds Rate is........ Read the COMPLE...
06/22/2010
In 2009, the median size of new homes started was roughly 2,100 square feet. This figure was down from 2,200 square feet between 2005-2007 which, itself, was down from 2,350 in 2004. Homes are getting smaller across the United States. But, as compared to the nation's largest homes, the shrinking ...
06/21/2010
As its June 30, 2010 closing deadline approaches, the federal home buyer tax credit is back in the news. Unfortunately, the headlines are misleading. Contrary to what you may have read (or heard), the federal home buyer tax credit has...... Read the COMPLETE BLOG POST: The Home Buyer Tax Credit...
06/18/2010
Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It's no wonder home builders are confused. Against a revised April figure, Housing Starts fell 97,000 units in May, a figure representing almost one-fifth of the...... Read the COMPL...
06/18/2010
If you plan to finance your Longwood home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is.......... Read the COMPLETE BLOG POST: Loan Application Alert : Conforming, Interest Only Mortgages Guid...
06/16/2010
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In May 2010, Retail Sales at non-store retailers -- a category that includes Amazon and eBay -- topped $29 billion, up 16 percent from May 2009. Clearly, Americans are doing an increasing amount of shopping online. And we're paying our......... Read the COMPLETE BLOG POST: Shopping And Paying...
06/15/2010
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Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown 407.367.2974