FHA plan will stimulate new Orlando home sales and help stabilize Orlando housing market Today, while speaking to the National Association of Home Builders, U.S. Housing and Urban Development [HUD], Secretary Shaun Donovan announced that the Federal Housing Administration (FHA) will indeed allow homebuyers to apply the $8,000 first-time homebuyer tax credit toward the purchase [...]

The country’s, including Orlando, mortgage rates rose by 0.625 percent yesterday [Wednesday] – Ouch! Yes, you read it right. Zero-point-six-two-five percent. The surprise surge in pricing started shortly after 1:00 P.M. ET, then continued all the way until the market’s closing. It was the sharpest one-day surge in mortgage rates in recent history. Perhaps ever. [...]

  A revolution’s time is realized when considerable change benefits the masses. If there is any question if the time is right for a mortgage revolution, then you haven’t been paying attention.   There has been a lot of speculation and even more commentary on how we have landed in the predicament we find ourselves [...]

Being an FHA licensed Longwood mortgage company, we at Trinity Mortgage feel honored to offer our First-Time Home Buyers with Longwood Government-backed FHA programs that can truly provide for the American Dream of home ownership. With low down payment requirements, competitive mortgage interest rates, flexible credit history guidelines, and common sense underwriting practices, FHA mortgage [...]

Phew – I am sure glad the last blog-post subject line had a question mark in it! Guess what disappeared… the mortgagee letter that was on HUDs website about this ability to “use the $8000 First Time Home Buyer Tax Credit” – yeah… its gone! As of today you can not use the tax credit [...]

Is Zero-down back for Lake Mary’s First Time Home Buyers?  Could be.  This is the next best news to working with Florida’s #1 FHA Mortgage Broker.  This info was released right at the close of business yesterday – getting it to you ASAP! Hot off the press! 4:47 PM ET -  Shaun Donovan, secretary of [...]

There is much speculation as to whether the best Orlando interest rates and Orlando home prices are going to be around 12-months from now. It is no secret that many of the recent steps taken by our government are highly inflationary. The question on everyones mind is – what does that mean for me and [...]