ARCHIVED BLOG POSTS
2010
Back in January I wrote a post that rattled a few people regarding the Homebuyer Tax Credit and short sales. Specifically it related to the upcoming deadline for being in a binding contract- April 30th- and still qualify for the Tax Credit (of course you still have to close by the end of June a...
04/16/2010
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Two bills are actually running thru Congress pertaining to funding the USDA Rural Development loan program. That certainly makes the future look brighter in terms of funding gaps. Thanks to Greg for allowing the re-blog! Gerry Suarez, Jr. Your FHA Loan Pro! With everyone watching the countdown ...
04/16/2010
The Mortgage Bankers Association reports that mortgage applications for the week ending April 9th are down almost 10% from the previous week. They go on to cite the recent increase in FHA upfront mortgage insurance as the main factor, and they likely have numbers to back up that statement. What...
04/14/2010
In a surprise move today the Obama administration released this executive order which effectively means the end of mortgage financing as we have known it. By abolishing FannieMae, FreddieMac and government backed loans (FHA, VA and USDA) the administration has decided to hit the "reset button" on...
04/01/2010
In a surprise move today the Obama administration released this executive order which effectively means the end of mortgage financing as we have known it. By abolishing FannieMae, FreddieMac and government backed loans (FHA, VA and USDA) the administration has decided to hit the "reset button" on...
04/01/2010
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Real Estate Resources
Local information regarding Mortgage lending in Central Florida including Orange, Seminole, Osceola, Lake, Volusia and Marion Counties. Also providing up to date information on HUD and government loan programs, and first time buyer programs. I'm required to tell you I'm not acting on behalf of HUD/FHA or the US Government!