Explore Altamonte Springs, FL

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Standard & Poors released its Case-Shiller Index Tuesday.  The index is a monthly home valuation report from select cities and.........   Read the COMPLETE BLOG POST HERE: Case-Shiller Shows Home Price Improvement In 90% Of Cities    

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
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

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
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)

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
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 ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 4
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
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...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 3
As the mercury rises into the summer months, don't forget to change your home's air filters regularly.  It not only extends the life of your HVAC unit, but can help keep your energy costs down, too. Not all air filters are created alike, however. Don't go...........   Read the COMPLETE BLOG POST...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
Starting sometime later this year, the monthly cost to carry an FHA-insured mortgage is expected to rise. In a near-unanimous vote, the House of Representatives gave the FHA power to raise the......   Read the COMPLETE BLOG POST HERE: FHA Mortgage Insurance Premiums Approved To Triple In Cost

By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
Comments 2
The following are the market sales statistics for Altamonte Springs, Seminole County, Florida for May 2010.  Altamonte Springs is made up of the zip codes of 32701 & 32714.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. As compared to May 2009, all 50 states now show an increase in annual REO activity. Data like that won't surprise today's ac...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
Mortgage rates may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May. A "discount point" is........   Read the COMPLETE BLOG POST HERE: Conforming Loan Costs Are Rising, S...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
A new loan quality initiative from Fannie Mae is making it harder for Lake Mary home buyers and refinancing homeowners everywhere to close on a mortgage. Beginning June 1, 2010, with all new applications, Fannie Mae wants lenders to..........   Read the COMPLETE BLOG POST HERE: Fannie Mae's Loan ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
Carbon monoxide (CO) is an odorless, colorless gas found in combustion fumes, stoves, gas ranges and heating systems.  It's poisonous to humans because carbon monoxide binds to red blood cells, preventing the flow of oxygen through a person's bloodstream. There's a bevy of CO sources in........ ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
On the first Friday of each month, the Bureau of Labor Statistics releases its Non-Farm Payrolls data from the month prior.  The release is more commonly called "the jobs report" -- a major factor in..........   Read the COMPLETE BLOG POST: May 2010 Jobs Report Gives A Temporary Boost To Home Aff...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
The Pending Home Sales Index shot higher in April as low mortgage rates and a soon-to-expire federal tax credit spurred home buying in Lake Mary and across the county. A "pending home sale" is a.........   Read the COMPLETE BLOG POST HERE: Pending Home Sales Data Shows Great Deals On Homes Are Ge...

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