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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    Home remodeling projects are expected to top $130 blllion this quarter, their highest total since Q1 2008. A likely catalyst is that the average cost of a home improvement project is falling fast. With the economy loosening up and contractor costs on a downswing, some in Orlando homeowners ar...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It's hard to pin them down. For example, in 2011, mortgage rates have expired every 3-and-a-half hours, on average. That's fast. There's two main catalysts for changing mortgage rates. The first can be g...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  Your home's windows look best when they're clean on both the inside and the outside. It's a quarterly housekeeping chore, at minimum, and should coincide with seasonal changes. But washing windows can be a drag on the environment. Most homeowners use multiple rolls of paper towels to finish the...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers will get used to hearing. DTI is a component of the mortgage approval process that measures a borrower's Gross Monthly Income compared to their credit payments and other monthly liabilities. Debt-to-Inc...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. A "pending home sale" is a home under contract to sell, but not yet closed. The Pending Home Sales Index rose 5 percent in March, posting its second-highest reading since April 2010. Not...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  Earlier today, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 -- the third straight meeting after which the FOMC vote was unanimous. In its press release, the FOMC noted that since its March...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
  After posting an all-time low in February, New Home Sales rebounded strongly last month. Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It's an 11 percent improvement from February, and righ...

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 starts a two-day meeting today, the third of its 8 scheduled meetings this year. The FOMC is a special, 12-person committee within the Federal Reserve. It's led by Fed Chairman Ben Bernanke and the group is responsible for voting on our nation's monetary policy...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
    How do you use your garage? If you're like most homeowners, you park your car(s) in it, then use the remaining available space for the random storage of "things that don't go in the house".  Your garage can do so much more -- all it needs is a little bit of organization. In this 4-minute vide...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
Veterans with active duty service (who were not dishonorably discharged) during World War II and later periods are eligible for VA loan benefits. World War II (September 16, 1940 to July 25, 1947), Korean conflict (June 27, 1950 to January 31, 1955), and Vietnam era (August 5, 1964 to May 7, 1975...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 4
  Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. The strong results re-establish the national, long-term trend toward rising home resales. March marked the 6th month out...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  According to the Census Bureau, seasonally-adjusted, single-family Housing Starts rebounded in March, increasing 8 percent over February's 2-year low. We can't put too much faith in the data, however, because for the second straight month, the government reports that the data's margin of error ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 0
  Homebuilder confidence is falling -- a good sign for buyers of newly-built homes in and around The Crossings. According to the National Association of Homebuilders, the Housing Market Index slipped one point to 16 in April. It's the 5th time in 6 months that the index read 16 -- a figure exactl...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
  There's a long-standing myth that freezer-section produce is "worse for you" than fresh produce from a farm. The truth, however, is often the opposite. Because of upgrades in packaging and delivery methods, frozen produce is often more fresh than "fresh produce", and contains higher nutrient le...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
The VA Funding Fee is a fee that is required in order to receive a VA loan. There are a few exceptions that allow for the fee to be waived: Veterans who are getting VA compensation due to service related disabilities. Veterans who would be receiving VA compensation due to service related disabili...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  Foreclosure activity is much slower this year than last. According to foreclosure-tracking firm RealtyTrac, the number of national foreclosure filings plunged 35 percent in March 2011 as compared to March 2010, a statistic that reflects a more healthy housing market and more robust outlook for ...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  After this week ends, the FHA is raising mortgage insurance premiums on its new Orlando borrowers. It's the FHA's third such increase in the last 12 months. Beginning with FHA Case Numbers assigned April 18, 2011, mortgage insurance premiums will be higher by 25 basis points per year, or 0.25%....

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 2
  Consumer spending is alive and well, it seems -- unwelcome news for today's home buyers.  Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like...   Read the COMPLETE BL...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
    Most people spend about one-third of their life in the bedroom. So, how healthy is yours? In this 5-minute piece from NBC's The Today Show, you'll learn about dust mites, mold and the other hidden health risks in your bedroom. Some may be compriming your sleep, and others your well-being. The...

By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Comments 1
The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven't been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised next to the note rate.  The inclusi...

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