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)
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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
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Posted in Borrowers, Economic News, FHA Loans, Home Buyers, Mortgage Advice, Rate Shoppers | 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 | Leave a Comment » Does less jobs mean Cheap Lake Mary Real Estate Deals?Posted by Chris Brown on November 18, 2008
Okay, so it is a rhetorical question and the answer is somewhat obvious, but how cool would that be if, everything got cheaper and you just got a raise!? I feel your pain. Well, on the first Friday of every month, the Bureau of Labor Statistics releases the ‘jobs report’… officially called the ‘Non-Farm Payrolls report.’ Well, the October’s data is trending with the rest of 2008. See the pretty graph? Don’t let the green fool you. After dropping another 240,000 jobs last month like a newbie at a craps table, the economy… Read the whole story at: Posted in Borrowers, Economic News, Home Buyers, Mortgage Advice, Rate Shoppers, Refinancing | Tagged: chris brown, lake mary mortgages, lake mary real estate, orlando mortgage pro, orlando mortgages, trinity mortgage | Leave a Comment » Lake Mary Refinances: ARM Rates FALLPosted by Chris Brown on November 17, 2008
SO how are the evil mortgage products doing? Huh, they may actually be better than the fixed products? Maybe they aren’t evil after all… just different. It is true that some of the wrong people got bad advice from some neophyte mortgage ‘professional’, but the good news is that those folks are back waiting tables. The interest rate against which adjustable-rate mortgages [ARMs] change is continuing to fall — This could very likely be the evidence we need indicating that the worldwide banking system is starting to stabilize. On any ARM, the initial “start rate” remains fixed for some period of time [typically 3 – 5 – 7 – or 10 years], and then adjusts according to some pre-determined agreement. It is more a hybrid than it is a pure “ARM”. For a conforming mortgage, an ARM will typically adjust once per year after that initial locked period, based on this formula: [index] + [margin] = Adjusted Rate Where the index is often assigned… Read the complete blog post here: Posted in Borrowers, Home Owners, Mortgage Advice, Refinancing | Tagged: arm, chris brown, lake mary mortgage, lake mary real estate, lake mary refinance, orlando FHA, orlando refinance | Leave a Comment » Buying Longwood Real Estate buttt… ‘renting’ the current residence huh?Posted by Chris Brown on November 5, 2008
Well, the rule book just got a little bit tougher. According to Fannie Mae… Blog Post Continues: Buying Longwood Real Estate buttt… ‘renting’ the current residence huh? Posted in Borrowers, Home Buyers, Home Owners, Mortgage Advice | Tagged: buying a new home, chris brown, fannie mae guidelines change, florida investment property, florida second home, lake mary mortgages, lake mary real estate, longwood mortgages, longwood real estate, orlando mortgages | Leave a Comment » Orlando Real Estate Market: What we can Control…Posted by Chris Brown on November 4, 2008
Wow, given the recent dramatic economic events where do I begin; the stock market, the mortgage market, the secondary mortgage market as represented by Fannie Mae and Freddie Mac?
Each of the aforementioned have so overwhelmingly impacted our economy let alone our housing market. Many I have conversed with this past week are angry and frustrated. These institutions are so mammoth and to most of us represent entities that we can’t touch let alone think of impacting or affecting change upon. And then when you add the additional frustration… Read the whole blog post and see the TELLING historic chart here:
Posted in Economic News, Home Buyers, Home Owners, Mortgage Advice | Tagged: chris brown, dave brewer realty, heathrow real estate, lake mary real estate, longwood real estate, market analysis, michael dale, Orlando FHA Loans, orlando mortgages, Orlando Real Estate, orlando refinance, perfect home guide | Leave a Comment » FLASH: TV Anchors HATE Puppies and Babies…Posted by Chris Brown on October 30, 2008 NEWS FLASH: THE MAINSTREAM MEDIA is not your friend. Okay, maybe the subject of this Orlando Mortgage Blog Post is a little extreme, but it does prove my point. Sensational Last month, led by a 22% surge from the West Region, new home sales went UP by 2.7% from August’s numbers. Okay, so the “West region” isn’t exactly Orlando Real Estate news, but the trend is important. Waiting for the bottom? You just might miss it if you don’t perk up and get pre-qualified now. [A “new home” is a newly-built residence, i.e. a brand-new house.] The surge in New Home Sales volume is aligned with the other good news we’ve seen from in the real estate market. Lets count down the good news for real estate that you HAVEN’T HEARD in the last two weeks…. The TOP 4 countdown: Read the Top 4 ‘good news’ stats and more in my blog post: Posted in Borrowers, Economic News, FHA Loans, Home Buyers, Mortgage Advice, Rate Shoppers | Tagged: bottom of the market, chris brown, lake mary real estate, orlando fha loan, orlando mortgages, Orlando Real Estate, orlando realtor | Leave a Comment » | ||
How come everything in 
Conforming mortgage guidelines are the Home Loan Rule Book for 
By Michael Dale – Vice President, Dave Brewer Realty, Inc.
sells. Unfortunately, truth doesn’t always carry the same punch if it is not. Despite turmoil on Wall Street, despite the drum beat of doom from the media…the real estate sector continues to deliver good news.
Orlando Real Estate and the Mortgage Chili Blog 