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FED Cut and Lower Orlando Interest Rates

October 31, 2008

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Do they go to a special school to ‘speak FED’??? Good Lord, fellas… we gotta be able to understand this stuff to be able to respond appropriately… or is that not what you want? LMAO Well, the Federal Open Market Committee voted to cut the Fed Funds Rate by .5% today. The benchmark rate now [...]

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FLASH: TV Anchors HATE Puppies and Babies…

October 30, 2008

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NEWS FLASH: THE MAINSTREAM MEDIA is not your friend. Okay, maybe the subject of this Orlando Mortgage Blog Post is a little extreme, but it does prove my point. Sensational sells. Unfortunately, truth doesn’t always carry the same punch if it is not. Despite turmoil on Wall Street, despite the drum beat of doom from [...]

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How do I SHORT REFINANCE my ARM Mortgage into an FHA Loan?

October 15, 2008

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ARMs have been strained, ………………………….. ARMs have been twisted. Since Lehman failed you may find that… your ARM as around your own neck?. Ugh… for current home owners with soon-to-adjust adjustable rate mortgages [ARM], the recent financial market upheaval worldwide may lead to a personal catch-22. This is mainly because most conforming ARMs made after [...]

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WAKE UP! Smart buyers are jumping in… with both feet!

October 10, 2008

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“You buy when there’s blood in the streets” –Baron Rothschild With the simple statement, Buy-Low, Sell High… what should people be doing now?¬† Um, isn’t it obvious?¬† To the smart, forward thinkers it is… Real estate buyers are jumping back into the Orlando housing market and taking advantage of Orlando mortgage rates. Each month, The [...]

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The FED rate cut and… okay, I’ll say it… apocalypse

October 9, 2008

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Sooooo, [I thought i would start with something other than 'okay...' LOL] The FED made an “emergency rate cut” yesterday, dropping the Fed Funds Rate by one half-percent to 1.500%. What you care about, is the PRIME rate dropped to 4.500%… this is what HELOCs and credit card rates are based on… yeah I know… [...]

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The Over/ Under on the BIG GAME

October 4, 2008

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While I am a big college football fan, as I know many of you are… this is not about football… and as my veins bleed Orange and Blue [cough] Go Gators [cough], the players in this ‘game’ have colors of their own. The question is… who are the players? Is it the Green Tycoons of [...]

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“No” Vote on bailout… what happened to Orlando Mortgage Rates

October 1, 2008

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On Sept 29th, the U.S. House of Representatives whooped up on the the $700 billion “Bailout Bill”, surprising Wall Street and the rest of the world for that matter. The Dow responded by falling an astonishing 777.68 points — its largest one-day loss in all U.S. history.¬† The media, in prime fashion, did a great [...]

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“WaMu went down… Woo hoo, I don’t have to make payments anymore!” Uh, not so fast!…

September 27, 2008

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<‚Äî‚Äî‚Äî HAVE YOU SUBSCRIBED TO RECEIVE THE RSS FEED YET? Get notified when new Orlando Real Estate Posts are made. Well, we knew one of the ‘big, big dogs’ was gunna get eaten… and as of Thursday, the guessing game was over. Federal regulators seized Washington Mutual as it became the3rd lender of real interest [...]

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Buyers: Are they their OWN WORST ENEMY?

September 26, 2008

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<‚Äî‚Äî‚Äî HAVE YOU SUBSCRIBED TO RECEIVE THE RSS FEED YET? Get notified when new Posts are made. Woo Hoo… the August Existing Home Sales report was released Wednesday, showing a decline in the number of homes sold nationwide, and a reduction in the median sales price. LEAVE IT TO THE MEDIA: I can’t say that [...]

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Mortgage Chili: Gas Prices and Mortgage – The relationship…

September 24, 2008

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<——— HAVE YOU SUBSCRIBED TO RECEIVE THE RSS FEED YET?¬† Get notified when new Posts are made. Crude oil prices jumped $25 at one point Monday, ending the day up by 16 percent. This is an unwelcome development for home buyers because the same market forces that pushed up oil prices had a similar impact [...]

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