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
  In today's Orlando homes, front-loading washing machines are a popular choices as compared to traditional, top-loading machines for 3 main reasons: They wash more clothes per cycle, lowering household energy costs They're environmentally-friendly, using less water per cycle They're gentler on clothes, preserving colors and fabrics longer They also require more care in the "cleaning" department. Because of the way most front-loading washers are built, they tend to pool water in their drums, which can be a breeding ground bacteria and mildew. Whether your front-loading washer smells "dirty" or not, you'll want to follow proper procedures to keep it .....   Read the COMPLETE BLOG POST HERE: How To Clean A Smelly Front-Loading Washing Machine  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May. It's the HPI's second straight increase, and puts the monthly index at its highest point since January 2011. As a home seller in Orlando , you may appreciate news such as "rising home prices", but it's important to ....   Read the COMPLETE BLOG POST HERE: Home Prices Rise For The 2nd Straight Month  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
  Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. The Existing Home Sales posted a 1 percent drop from May as the number of homes sold fell to a seasonally-adjusted, annualized 4.77 million units. It's the monthly report's lowest reading since November 2010. The report also showed the national supply of homes for sales rising to 9.5 months -- also its highest reading since November 2010. Home Supply is the amount of time it would take to .....   Read the COMPLETE BLOG POST HERE: Existing Home Sales Fall To 8-Month Low  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June -- a 9 percent spike from the month prior and the highest reading in 3 seasons. A "Housing Start" is defined as a home breaking ground on new construction. June's reading is largest one-month jump since June 2009. The reading surprised Wall Street despite that .....   Read the COMPLETE BLOG POST HERE: Housing Starts Surge 9 Percent; Signal A Strong Fall Season
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  Homebuilder confidence is bouncing back. One month after an unceremonious dip highlighted by poor sales figures and dim prospects for the future, the National Association of Homebuilder's Housing Market Index rebounded two points to 15 in July. The monthly Housing Market Index is scored on a 1-100 scale. Readings above 50 indicate favorable conditions for ....   Read the COMPLETE BLOG POST HERE: Led By Expectations Of A Strong Fall Season, Homebuilder Confidence Bounces Back  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
 According to the National Association of REALTORS®, there are more than 3.7 million homes for sale this month. If your home is among them, are you doing what it takes to stand apart from the crowd? This 4-minute piece from NBC's The Today Show pulls no punches. It's titled "5 Mistakes Sellers Can't Afford To Make" and it covers falling home prices, buyer mentality, and ....   Read the COMPLETE BLOG POST HERE: There's 3.7 Million Homes For Sale. Is Yours Standing Out From The Crowd?  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for a new mortgage, it's a good idea to learn the simple math of calculating the amount of equity you may need, or down payment to budget for in order to qualify for a particular loan program. The LTV Ratio is...   Read the COMPLETE BLOG POST HERE: Calculating Loan-to-Value (LTV)  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing. In June, for the 12th straight month, retail receipts rose, excluding cars and auto parts. Analysts expected no change from May. Instead, receipts topped $321 billion -- an all-time record. For home buyers and would-be refinancers in Longwood , this is a bit of unwelcome news. Mortgage rates are rising in....   Read the COMPLETE BLOG POST HERE: Retail Sales Rise For 12th Straight Month In June
By Alex F, Central Florida, Realtor
(Charles Rutenberg Realty)
Comments 0
Country Creek Altamonte Country Creek Altamonte, Florida is located South West of Interstate 4 and Downtown Orlando. Traveling East on I-4 Exit 90b travel west 4 miles to Eden Park Road turn right and right again into the back entrance. This highly desirable community is just minutes from the Altamonte Springs Mall, Maitland's community center, and Downtown Winter Park. Country Creek Altamonte has a couple of communities within it such as; Woodbridge, The Glens, The Trails, Country Creeks Estates, and a Townhome community of Northbridge. Country Creek's sister community located off Eden Park is named Forest Edge. The entire Country Creek Altamonte community is lined with lush oak tree landscaping. Homes within the community were built in different sections taking just over 10 years to c...
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
For the 9th straight month last month, foreclosure activity slowed. According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June. The phrase "foreclosure filing" is a catch-all term, comprising default notices, scheduled auctions, and bank repossessions. June marked the ninth consecutive month of sub-300,000 filings after....   Read the COMPLETE BLOG POST HERE: For The 9th Straight Month, Foreclosure Filings Fall  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There's never been a better time to lock an ARM. According to Freddie Mac's weekly Primary Mortgage Market Survey, homeowners in Orlando who lock their mortgage rate today will save 129 basis points on rate, on average, by choosing a....   Read the COMPLETE BLOG POST HERE: 5-Year ARM Falls To Historic Lows  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
The summer housing market is heating up. According to data from the National Association of REALTORS®, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.  Wall Street calls were for an increase of just 0.5 percent.  It was a surprise result that, coupled with....   Read the COMPLETE BLOG POST HERE: Pending Home Sales Unexpectedly Spike In May    
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  Maybe homes in Longwood are holding value better than we thought. Between March and April of this year, home values rose 0.8 percent nationally, according to the Federal Housing Finance Agency's Home Price Index. It's the index's first month-to-month improvement since May of last year. Values are down 19 percent since peaking 4 years ago. Private-sector data affirms the government's report.  Tuesday, the S&P's Case-Shiller Index also showed home values higher by 0.8 percent in April, on a monthly basis. Led by Washington, D.C. and San Francisco, 13 of the Case-Shiller's 20 tracked markets showed improvement in April.  In March, just 2 markets did. As a home seller in....   Read the COMPLETE BLOG POST HERE: Home Values Climb 0.8 Percent In April
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises and, as such, mortgage rates in Florida have idled in the hours since. The Fed Minutes is published 8 times annually, three weeks after each scheduled Federal Open Market Committee meeting. It's the official log of the meeting's conversations and debates. The Fed Minutes is the lengthier companion piece to....   Read THE COMPLETE BLOG POST HERE: Fed Minutes Hint At New Economic Stimulus  
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
More commonly called APR, Annual Percentage Rate is a government-mandated mortgage comparison tool. It measures the total cost of borrowing over the life of a loan into dollars-and-cents. A loan's APR is printed in the top-left corner of the Federal Truth-In-Lending Disclosure, as shown above. When quoting an interest rate, loan officers are required by law to disclose a loan's APR, too. APR is meant to simplify the process of choosing between two or more loans. The theory is that the loan with the lowest APR is the "best deal" for the applicant because.....   Read the COMPLETE BLOG POST HERE: What Is Annual Percentage Rate (APR)?
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances. On a $150,000 loan that’s an additional $1,875 to almost $5,000 in cost just for the benefit of using the VA home loan. The good news is that the VA allows borrowers to finance this cost into the home loan without having to include it as part of the closing costs. For buyers using their VA loan guarantee for the first time on a zero down loan, the Funding Fee would be 2.15%. For example, on a $150,000 loan amount, the VA Funding Fee could total $3,225, which would increase the monthly mortgage payment by $18 if it were finan...
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 3
  The year is half-over. It's an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the "experts" can be wrong as often as they are right. For as much experience and authority an expert brings to the conversation, though, nobody can.... Read the COMPLETE BLOG POST HERE: Mid-Year Review : Were The Experts Right About The Market?s 3.7 Million Homes For Sale. Is Yours Standing Out From The Crowd?
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you're currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report's release. Often, by a lot. More commonly called "the jobs report", Non-Farm Payrolls reports on the U.S. workforce by sector, summarizing its findings in terms of total workforce size, and as a....   Read the COMPLETE BLOG POST HERE Economy Expected To Have Added 80,000 Jobs In June
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
    As home buyers in the Longwood area , we tend to research homes a lot. We look at square footage; at upgrades; at landscaping; at community statistics; and, at every other "number" on which we can get our hands. But those are just statistics. What about the home's "feel"?  In this 5-minute piece from NBC's The Today Show, you'll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for...   Read the COMPLETE BLOG POST HERE: What To Know Before You Move To A New Neighborhood
By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  According to ENERGY STAR®, the typical household spends close to $2,000 per year on heating and cooling, and up to $600 of those costs are a waste; the result of energy inefficiencies in every U.S. home. With the hot months of July and August ahead of us Orlando in , therefore, consider these simple-to-follow, cost-saving tips for keeping your home cool. None are expensive and each can yield quick results. First, convert your home's light bulbs to.... Read the COMPLETE BLOG POST HERE: This Summer, Cool Your Home For Less Money

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