Michael LaFido's (sellmorerealestatetoday) Blog

Follow me
Real Estate Agent - CONLON/Christie's International Real Estate
Separating FHA Fact From Fiction : Mortgage Insurance Premiums   The mortgage lending landscape changes a lot.  Rates and guidelines are in constant flux, and it creates preparedness challenges for buyers that aren't paying in cash. The loan you get today won't always be the loan you get tomorro...
Mortgage Approvals Are Getting More And More Scarce The economy's improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening. The data comes from the Federal Reserve's quarterly survey to its member banks.  T...
Household Safety Tips : Space Heaters For spot and room heating, homeowners often turn to portable space heaters.  Often, it's cheaper and faster to heat a small space with a heater than it is to raise the entire home's temperature by a few degrees. But space heaters can be dangerous. According ...
  As mortgage lenders tighten approval standards nationwide, the importance of a good credit score is rising.  Credit scores not only make the difference between a mortgage approval and mortgage turn-down, but they also play a large role in determining your actual mortgage note rate. In the 3-mi...
. To get my updates directly, sign up for my free RSS feed. The January 2010 Jobs Report May Lead Mortgage Rates And Home Prices Higher On the first Friday of every month, the U.S. government releases its Non-Farm Payrolls data from the month prior. The da...
Pending Home Sales Predicts A Stronger Spring Market   The Pending Home Sales Index rose slightly in December, climbing 1 percent from November. A Pending Home Sale is a home that is under contract to sell, but not yet sold. It's a figure compiled by the National Association of Realtors® using s...
Simple Real Estate Definitions : Short Sale A "Short Sale" is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff. By way of example, a Short Sale may be appropriate for a hom...
  Courtesy of Black & Decker, energy-conscious homeowners now have another way to conserve natural resources. Introducing the Lights Out Autoswitch, a 135-degree, motion-detecting device that turns the lights on when people enter a room, and subsequently turns them off after everyone has left.  T...
  Reporting on a two-month lag, the government said home values rose 0.7 percent in November.  National home prices are at their highest point since February 2009. But before we look too much into the FHFA's Home Price Index, it's important that we're cognizant of its shortcomings; the most impor...
A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)   The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy "has continued to strengthen", that the...

Michael LaFido

It's Not The Market, It's The Marketing!
Thinking Of Buying Or Selling?

Additional Information