UPDATED – November 7th, 2009 **It is LAW – signed by Obama on Friday**! The Florida First-Time Home buyer Tax Credit may soon be known as the Home Buyer Tax Credit… being opened to non-first time buyers for the first time. As you have likely already read on My FHA Mortgage Blog – the Florida [...]

Can I Do My Own Orlando Loan Modification? The short answer is yes; you can do your own Orlando loan modification. If you are an avid do-it-yourselfer [DIY], and are willing to dedicate the time, energy, and effort, you can do your own loan modification. One thing to understand upfront, though, is simply because you [...]

April 4, 2009, marked the official start of the Making Home Affordable refinance program. Expected to help 5 million homeowners, the Making Home Affordable program “looks the other way” with respect to falling home values, approving mortgage applications based on borrower payment history and benefit to the homeowner. Not every homeowner is eligible for a [...]

As an Orlando Mortgage Broker in Seminole County, I have had the experience of working with many insurance carriers -some good – some bad. As the largest private property insurer makes the move to pull out of Florida, home owners are wondering – what do we do now? I personally have been using State Farm [...]

The Super Bowl Weekend [wow, what a game - huh?] traditionally marks the start of the Lake Mary real estate Spring Buying Season. Anecdotally, Lake Mary real estate agents will tell you that buyer activity tends to tick higher at this time of the year… and I tend to agree. I have seen a definite [...]

Well Good News for Lake Mary mortgage rates! The Federal Open Market Committee [maybe we will just call them the FED] voted to cut the Fed Funds Rate by at least three-quarters percent Tuesday. The benchmark rate now rests in a range of 0.000-0.250%… and no, that doesn’t mean your mortgage will be at 0%. [...]

If the presence of inflation causes mortgage rates to rise, then the absence of inflation should cause mortgage rates to fall. And, in most markets that’s true. Today, it’s not. Despite a deep, month-over-month dip in consumer prices not seen since 1947, Altamonte Springs mortgage rates not steady by any stretch of the imagination…  they [...]

So you wanna deal on Longwood Real Estate. I completely understand… I do to, in fact with the gloom they are painting for retail this Christmas [and Yes, iI am one of the ones still willing to CALL it Christmas] I have thought about scooping up a deal on one of those super-duper flat-screens… but [...]

Foreclosure – especially in Florida is a hot topic among the press lately and it is interesting to see a staggering number of the sales in today’s market are comprised of foreclosures and/or short sales… especially in South Florida.  It’s hard to turn on the TV or open up a paper without seeing a sensationalized [...]

By Michael Dale – Vice President, Dave Brewer Realty, Inc. Wow, given the recent dramatic economic events where do I begin; the stock market, the mortgage market, the secondary mortgage market as represented by Fannie Mae and Freddie Mac? Each of the aforementioned have so overwhelmingly impacted our economy let alone our housing market. Many [...]