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Orlando Market Pulse | from OBJ.
27 February 10 03:49 PM | Lee Rosa | (Comments Off)   
The Orlando market continued to see the number of home sales jump while values declined in January, said a report by the Florida Realtors . Florida Realtors sold 1,745 existing single-family homes last month, up nearly 55 percent from 1,127 sold in January Read More...
Interest Rates Due to RISE.
01 February 10 02:42 PM | Lee Rosa | (Comments Off)   
There was major economic news on many fronts this week, with mixed results for mortgage markets. The Fed statement essentially followed the expected script, demand was strong for the Treasury auctions, and much of the economic data released during the Read More...
Interest Rates | July 6th 2009
07 July 09 07:55 AM | Lee Rosa | (Comments Off)   
Freddie Mac Average Rates: As of: July 2 nd 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.32% 4.77% 4.88% 4.94% Average Points: 0.7 0.7 0.7 0.6 Previous Week's Rates Average Rate: 5.42% 4.87% 4.99% 4.93% Average Points: 0.7 0.7 0.7 0.7 Read More...
Interest Rates Are Climbing Rapidly in Central Florida
16 June 09 09:56 AM | Lee Rosa | (Comments Off)   
Freddie Mac Average Rates: As of: June 11 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.59% 5.06% 5.17% 5.04% Average Points: 0.7 0.7 0.6 0.7 Previous Week's Rates Average Rate: 5.29% 4.79% 4.85% 4.81% Average Points: 0.7 0.7 0.6 0.6 Read More...
Central Florida Homebuyer's Information
19 May 09 10:20 AM | Lee Rosa | (Comments Off)   
As of: May 14 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 4.86% 4.52% 4.82% 4.71% Average Points: 0.6 0.6 0.6 0.6 Previous Week's Rates Average Rate: 4.84% 4.51% 4.90% 4.78% Average Points: 0.7 0.7 0.6 0.6 Has there been a better time Read More...
Interest Rates and $8,000 Credit Information
20 March 09 01:07 PM | Lee Rosa | (Comments Off)   
In talking to others in the Real Estate industry we all were surprised that the FED announced that they would begin purchasing both long term Treasuries and Mortgage Backed Securities. The Bond and Mortgage Market Rallied once news broke to them, as "everyone" Read More...
Loan Modification "The Low Down"
06 March 09 11:36 AM | Lee Rosa | (Comments Off)   
The basic guidelines for MODIFICATIONS at this point: Eligibility and Verification: 1. Loans originated on or before January 1, 2009. 2. First-lien loans on owner-occupied properties with unpaid principal balance up to $729,750. Higher limits allowed Read More...
Central Florida Real Estate Mortgage Rates
02 March 09 07:53 PM | Lee Rosa | (Comments Off)   
Freddie Mac Average Rates: As of: Feb 26 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.07% 4.68% 5.06% 4.81% Average Points: 0.7 0.6 0.7 0.6 Previous Week's Rates Average Rate: 5.04% 4.68% 5.04% 4.80% Average Points: 0.7 0.6 0.6 0.5 Read More...
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Buying Central Florida Real Estate Tomorrow?
12 February 09 07:39 PM | Lee Rosa | (Comments Off)   
Anyone considering: purchasing your 1st Home | Moving Up | Selling ... Tomorrow is a big day as the $789 billion economic stimulus package goes to a vote ... This time the "proposal to provide a $15,000 tax credit to homebuyers" was removed, Read More...
Central Florida Real Estate's Freddie Mac's Interest Rates
09 February 09 09:05 PM | Lee Rosa | (Comments Off)   
If you are qurious about what this means to you, do not hessitate to contact us - 407.227.9182. Freddie Mac Average Rates: As of: Jan 26 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.25% 4.92% 5.26% 4.92% Average Points: 0.8 0.8 0.6 0.5 Read More...
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