Explore Altamonte Springs, FL
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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The Federal Reserve says that financial markets "remain supportive of economic growth". Residential mortgage guidelines, however, continue to tighten. If you've applied for a home loan recently, you probably felt it; extra scrutiny on income, assets and credit scores, among other things.  The hard proof of..........   Read the COMPLETE BLOG POST HERE: 1 In 8 Banks Tightened Prime Mortgage Standards Last Quarter    
By Gary Berkson, ABR, CRS & CDPE
(RE/MAX Central Realty)
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Altamonte Springs is located in the Orlando Metropolitan Area within Seminole County.  Conveniently located with easy access to all of Central Florida makes Altamonte Springs so desirable.  Pedestrian friendly if you look around people take advantage of the fresh air, mild climate and the opportunity to be outdoors.  Everyday people are walking, running, skating or fishing, skiing, just really enjoying the outdoors.  Parks and recreation are plentiful as well as community events, festivals and culture.  Looking for Fun and Entertainment? Altamonte Springs offers culture, shopping, entertainment and an assortment of dining options.   Visitors, residents and vacationers take advantage of all the things to do in Altamonte Springs.  Need more information?
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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The Pending Home Sales Index moved higher in March as home sales were spurred by low mortgage rates and an expiring tax credit. A "pending home" is a property that is under contract to sell, but not yet closed. March marks the second straight month in which........   Read the COMPLETE BLOG POST HERE: March Pending Home Sales Point To Stronger Spring Market    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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For the first time this year, Fannie Mae announced significant updates to its mortgage underwriting guidelines. The changes include newer, harsher ARM qualification standards, the elimination of a once-popular loan product, and tighter rules for interest only mortgages.  Fannie Mae made its official announcement April 30, 2010.  The changes will........   Read the COMPLETE BLOG POST HERE: Fannie Mae Tightens Guidelines On ARMs And Interest Only Products  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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NBC's The Today Show hosted Consumer Reports for its take on mattresses. Some of the results may surprise you. At 7 minutes, the video is long, but it's stuffed with helpful comfort tips, including the scientific reason why a mattress should be replaced every 8 years or so.  Some of the other advice includes.........   Read the COMPLETE BLOG POST HERE: Shopping For Mattresses, Or How Buy A Good Night's Sleep  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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Earlier this week, Standard & Poors released its February Case-Shiller Index, a home price tracker for select metropolitan areas.  Overwhelmingly, home values fell in the 20 markets tracked by.........   Read the COMPLETE BLOG POST HERE: The Headlines Were Overly Rosy On February's Case-Shiller Index    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
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The Federal Reserve adjourns from a scheduled, 2-day meeting today.  It's one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce "no change" in the Fed Funds Rate. The Fed Funds Rate is currently in a target range of 0.000-0.250 percent. The Fed Funds Rate is a........   Read the COMPLETE BLOG POST HERE: The Fed Adjourns From A 2-Day Meeting Today And What It Means For Mortgage Rates    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent. In its press release, the FOMC noted that, since March, the U.S. economy "has continued to strengthen" and that the jobs markets "is beginning to improve".  This is a.........   Read the COMPLETE BLOG POST HERE: A Simple Explanation Of The Federal Reserve Statement (April 28, 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 sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the.........   Read the COMPLETE BLOG POST: New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the.........   Read the COMPLETE BLOG POST: New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the.........   Read the COMPLETE BLOG POST: New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Existing Home Sales rose in March, as expected. U.S. home buyers closed on 7 percent more homes as compared to February. Furthermore, versus March 2009 -- a month many people equate to the low point of the U.S. economy -- sales volume was up 16 percent. "Existing home sale" is the technical term for a home resale; a home previously inhabited by a person.  It's the opposite of a "new home sale" which is.........   Read the COMPLETE BLOG POST HERE: Home Resales Boom Into The End Of The Tax Credit; Home Values Seen Rising.    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
More than 60 percent of U.S. homes are "over-assessed", says an industry trade group. Homeowners in Lake Mary pay more in property taxes than they otherwise should have to.  You might be one of them. Have you considered fighting your........   Read the COMPLETE BLOG POST HERE: Fight Your Real Estate Property Tax Bill Without A Lawyer  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 3
Mortgage rates and home affordability have improved lately, thanks to an unlikely ally -- Mother Nature. In the 7 days since Iceland's Eyjafjallajökull erupted, ash clouds have grounded planes, disrupted businesses, and stranded exports in warehouses worldwide. It's a drag on commerce that's spilled over onto Wall Street. As experts debate the potential for........   Read the COMPLETE BLOG POST HERE: How Iceland's Volcanoes Are Helping Mortgage Rates Fall      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
After a strong March showing and a surprise upward-revision for February, Housing Starts are, once again, trending better. It's yet another signal that the housing market in Orlando and nationwide is stabilized. A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are..........   Read the COMPLETE BLOG POST HERE: Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Fold-up speakers for your MP3 players?  You better believe it.  OrigAudio's eco-friendly Fold-N-Play speakers let you take your favorite playlists on the road to your office, hotel rooms and the beach. Made from recycled............   Read the COMPLETE BLOG POST HERE: Portable, Foldable Speakers Are Perfect For Your Office, Your Hotel, And The Beach  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country.  According to this week's results, the relative rate of a 5-year ARM in Florida is.........   Read the COMPLETE BLOG POST HERE: It's A Good Time To Look At Adjustable Rate Mortgages    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
Foreclosure filings rose close to 20 percent nationwide last month versus February, according to foreclosure-tracking firm RealtyTrac.com, and for the 13th straight month, total filings topped 300,000. In addition, bank repossessions reached an all-time, quarterly record. Through the first three months of 2010, banks reclaimed more than.......   Read the COMPLETE BLOG POST: How To Buy Bank-Owned Homes In A Period Of Rising Inventory      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
The federal home buyer tax credit expires April 30 and the deadline is sparking a home sale surge. It figures to burden real estate, mortgage and title offices nationwide over the next 60 days so plan your closing date accordingly. Especially because the last Friday in May is...........   Read the COMPLETE BLOG POST HERE: Why You Shouldn't Schedule Your Closing For May 28, 2010      
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
Not all home improvements are created equal. Especially if you're looking for "resale value" back from your work. An article from the Wall Street Journal lays it out cleanly. Function beats flash these days so be wary of where you spend. Environmental upgrades such as home insulation and energy-efficient steel entry doors are recovering a much greater percentage of their cost these days than major remodels including kitchens or bathrooms.  This is especially true for...........   Read the COMPLETE BLOG POST HERE: Home Renovations That Increase Your Resale Value (2010 Edition)    

Altamonte Springs, FL Real Estate Professionals