Orlando Real Estate and the Mortgage Chili Blog

Get 1/2 the story – Low Longwood Mortgage Interest Rates

Chris Brown — Thu, 15 Jan 2009 13:43:23 +0000

Longwood real estate and mortgage rate shoppers – beware. When it comes to low mortgage rates, you can’t always believe what you read in the papers, get in your mailbox [as you go through your mail standing over the garbage can] or hear on TV. Or, for that matter, what you see in official looking graphs!

A terrific example is the chart at right. Published by Freddie Mac, it shows the 30-yr fixed mortgage’s “going rate” by the nation’s mortgage lenders.

On December 30, 2008, that rate was 5.1 percent.

But 5.100% is only 1/2 of the information that matters.

There’s a… [Read the rest of the revealing blog post here: Get 1/2 the story – Low Longwood Mortgage Interest Rates

The Secret Formula to steal a house in Longwood/ Lake Mary

Chris Brown — Thu, 08 Jan 2009 16:00:03 +0000

FHA Loans + $7500 Tax Credit + High Inventory = Orlando Real Estate Deals

Phew – Made it through the holidays, and day-to-day life is setting back in. I love Christmas, for me it helps pull everything back into perspective for an approaching New Year. So now that the lights are back in the boxes and the tree is down, Lake Mary real estate and Longwood real estate buyers are wondering… “is the timing right for me to do something?”.

Well, if economic data enters into that thought process, now may be the ideal time. [Though most home buyers will miss it because they listen more to the mass media than a trusted industry professional.] For the 1st time in over 12-months, the sales of “gently loved homes” fell below the 5,000,000 unit trend line, which helps push the total home inventory higher by 0.1% – a national number, not local.

Based on the rate at which homes are selling nationwide, it would take 11.2 months for the existing housing supply to be exhausted. Here in Longwood / Lake Mary – the existing inventory would last quite a bit longer. This is even better news for the Longwood home shopper… especially the first time home buyer. [Click here for access to the 21 Most FAQ about the $7500 First Time Home Buyer Tax Credit.] When you couple the Tax Credit with the availability of Orlando FHA home loan financing, whoa – you got one powerful combo!

For Lake Mary home buyers, this is an opportune time to act [not wait] due to the negative news on housing. Here are the 3 main reasons:

First, sellers know…

Read the complete list and post here: The Secret Formula to steal a house in Longwood/ Lake Mary

First Time Home Buyers can couple $7500 Tax Credit and Low Interest Rates to buy Longwood Real Estate

Chris Brown — Fri, 26 Dec 2008 23:31:44 +0000

Okay, so the subject line is long – but, believe it or not I cut it short. It could have been, “First Time Home Buyers can couple $7500 Tax Credit and Low Interest Rates and high inventories to buy Longwood Real Estate” We are seeing an unbelievable ‘perfect storm’ for buyers! Beware though – when it comes to mortgage rates, sometimes it’s better to “act now”… and no, that isn’t just salesmanship – its the difference between a rate in the 4% range and the 5% range.

Last Tuesday, mortgage rates plummeted to their lowest levels in four years. Now, I love when mortgage hacks are right for the wrong reasons – don’t you? Many have pontificated that it was because…

Lowest Lake Mary Mortgage Refinance and Purchase Rates in over 2 years!? If you move quick…

Chris Brown — Wed, 17 Dec 2008 09:37:52 +0000

Well Good News for Lake Mary mortgage rates! The Federal Open Market Committee [maybe we will just call them the FED] voted to cut the Fed Funds Rate by at least three-quarters percent Tuesday.
The benchmark rate now rests in a range of 0.000-0.250%… and no, that doesn’t mean your mortgage will be at 0%. [Typically you will add 3% to that number to attain the PRIME Rate - which is what many Home Equity Lines, car loans, credit cards, and equipment loan are based upon.] In its press release, the FED ID’d 3 key sectors…

Source Parsing the Fed Statement

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop#1001Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.MortgageChiliBlog.com

Visit OrlandoMortgagePro.com and watch the cool video!

Tagged: fed lowers rate, interest rates, lake mary mortgage, low mortgage rates, lower mortgage rates, orlando home loans, orlando interest rates, orlando mortgage, orlando refinance, refinance to a lower rate

What kids with Straight A’s want – A true story from Ted Jones

Chris Brown — Mon, 15 Dec 2008 00:36:06 +0000

In a world that seems to be consumed with consumption – sorry for the play on words – and kids that are only interested in getting ‘things’ there are a few heart warming stories that warm the heart -doooh… i did it again. [I sound like Yogi]
A good friend of mine, and a solid family man, recently shared a story that should be shouted from the roof tops. Rather than me messin’ it up, here is Ted in his own words:

Caleb came home with straight A’s on his report card. Of course I was proud and yes I’m bragging here. I asked him what he would like as a reward expecting him to say Chucky Cheese, a new X box game, a trip to the movies (something big). Wow was I wrong. He said “dad, I wanna shave with you again” Are you kidding me? That’s it–shave with dad.Let me rewind. About a month ago, Caleb observed me shaving and asked if he could try it. I let him lather up with some Edge gel and then I handed him a disposable with the plastic still covering the blade. I guess he REALLY enjoyed the experience.This made me realize how something so small and insignificant to me (adults) can be a huge deal with our children. That 3 minutes of “SPECIAL” 1 on 1 attention that I spent with my son a month ago seemed so irrelevant at the time.The entire story reminded me of a quote.”Your children want your presence more than presents”

Ted is a normal guy just like you and me, but he just seems to invest in his family like the rest of us want to an try hard to do. He is also a local author! He wrote Springing Forward which can be found at Amazon.

If you have questions for Ted or would just like to catch up with an all-around-good-guy, you can reach him at springingforward [at] yahoo [dot] com

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop #1001 Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.MortgageChiliBlog.com

Visit OrlandoMortgagePro.com and watch the cool video!

Tagged: chris brown, Family, fatherhood, parenting, raising kids right, springing forward, ted jones

Lake Mary home owners can get bigger tax deductions in 2008

Chris Brown — Thu, 11 Dec 2008 16:16:36 +0000

For Lake Mary home owners that need a little bit extra deduction on their income taxes because of the ailing economy, this might be the little extra bonus you need. You see, for most Americans, mortgage interest paid on home loans secured by Lake Mary real estate is tax-deductible in the year in which it was paid.

With advance planning on your Lake Mary Mortgage, therefore, you can increase your deduction on mortgage interest for 2008 by…

Get the inside secret by visiting the whole blog post here:Lake Mary home owners can get bigger tax deductions in 2008

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop #1001 Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.MortgageChiliBlog.com

Visit OrlandoMortgagePro.com and watch the cool video!

Tagged: 2008 taxes, bigger tax refund, cpa, craig zokvic, lake mary mortgage advice, lower taxes, mcdirmit davis, mortgage deductions, mortgage interest

Getting Low Longwood Interest Rates… finding them and locking them in.

Chris Brown — Wed, 03 Dec 2008 20:18:30 +0000

Finding the best Longwood mortgage interest rates can be tricky business… locking them in before the market swings makes it even more so!

Each Wed., the Mortgage Bankers Association [MBA] releases its Weekly Applications Survey which gives a detailed look at the new mortgage applications done over the last seven days.

A recent interest rate report will reveal what most of us already know — dropping mortgage rates created an onslaught of mortgage movement in Longwood and Lake Mary, Florida.

If you’re among the many Americans taking advantage of Florida’s low rates, don’t forget that when…

Don’t forget, don’t forget, c’mon Chris, don’t forget what? Easy, read the rest of the informative blog post here: Getting Low Longwood Interest Rates… finding them and locking them in.

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop #1001 Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.OrlandoMortgagePro.com

Tagged: best mortgage rates, chris brown, longwood mortgage, longwood real estate, longwood refinance, low interest rates, rate locks

Lighthearted After-Thanksgiving Trivia

Chris Brown — Fri, 28 Nov 2008 18:55:40 +0000

When we hit the day after Thanksgiving, shopping takes over… at least historically nationwide[ surprise!] and, this year, analysts are paying extra attention to sales figures since the news has been so negative about the economy.

Dubbed “Black Friday” in reference to red ink representing loss and black ink representing gain, today’s start to the Christmas [again... I am not afraid to call it Christmas] Shopping season and it is believed to be the day that retailer balance sheets finally cross over to profitability. [I never quite understood why you would stay in a business that wasn't profitable until the 12th month of the year... but... okay.]

But the accounting connotation of the phrase “Black Friday” wasn’t its original usage — it’s a media-coined term.When the phrase was first used in Philadelphia in 1975, it was in reference to the day after Thanksgiving being the busiest shopping and traffic day of the year.There’s other Black Friday trivia out there, too:

Did you know?

Black Friday is neither the largest, nor the most profitable, shopping day of the year. Contrary to popular wisdom, it’s the 5th biggest, not the first. The two weekends before Christmas are usually the “biggest” series of days.

Did you know?

Read the Did You knows here:

Lighthearted After-Thanksgiving Trivia

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop#1001Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.OrlandoMortgagePro.com

The TRUTH about Thanksgiving not being taught in Public Schools

Chris Brown — Thu, 27 Nov 2008 14:13:31 +0000

This is not meant to be a political post, but merely a post about truth andImage Ref: 9906-09-8 – Harvest Thanksgiving, Viewed 18184 times how it is not being taught in the public school system. It is no mystery that the public education system is failing our children, but I think only a small part falls at the feet of the front line… it is more of an institutional and union issue in my mind, but I digress….anddddd… this isn’t a rant post.

Like him or not, and I know that some of my readers will not be able to get past this, Rush nailed this True story of Thanksgiving. We are taught that the Pilgrims were an incompetent group of boobs and were saved by the Indians… revisionist history at best. Brace yourself… you may never have heard this before and i encourage you to seek out the FACTS yourself if you doubt the balance of this post.

The Mayflower set sail in the summer of 1620. On its deck it carried a group of just over 100 people [including 40 Pilgrims] led by William Bradford. On the journey, Bradford set up an agreement, a contract, that established just and equal laws for all members of the new community, irrespective of their religious beliefs.

Where did the revolutionary ideas expressed in the Mayflower Compact come from?

Finish the whole post on the Mortgage Chili Blog here: The TRUTH about Thanksgiving not being taught in Public Schools

Chris Brown

All Around Good Guy

Trinity Mortgage

153 Parliament Loop
#1001
Lake Mary, Florida, 32746

Work: 407 377 0500 x 210

Chris@OrlMtgPro.com

www.OrlandoMortgagePro.com

Tagged: capitalism, chris brown, rush limbaugh, thanksgiving, true story of thanksgiving, william bradford

Talk of Deflation – What Lake Mary First Time Home Buyers Need?

Chris Brown — Wed, 26 Nov 2008 13:24:19 +0000

Lake Mary First Time Home Buyers… perk up. We all know what inflation is and the ugliness that can go with it. Most of us know that deflation is the opposite of inflation…. but don;t know much more than that.

In fact, business TV and newspapers have inflated deflation [sorry for the play on words... but I like doin' that] as a hot topic this week and, since Monday, Google has tracked 13,000 mentions of it. Make this 13001.

Deflation is a recurring cycle in which the prices of goods and services fall. Suh-weet… falling prices that is so cool, right? Well, um, not really. Why? Human nature.

When prices are declining across many industries at the same time, IT CAN SHUT DOWN THE ECONOMY!

If you think about it…

Find out the ugly truth of deflation by finishing the blog post here:

Talk of Deflation – What Lake Mary First Time Home Buyers Need?

(Image courtesy: The Wall Street Journal)

Chris Brown All Around Good Guy Trinity Mortgage 153 Parliament Loop #1001 Lake Mary, Florida, 32746	Work: 407 377 0500 x 210 Chris@OrlMtgPro.com www.OrlandoMortgagePro.com

Tagged: $7500 Tax Credit, chris brown, deflation, deflations effect on real estate, first time home buyer tax credit, lake mary mortgages, lake mary real estate, lower mortgages rates, orlando interest rates