Tag Archive: Mortgage News

The USDA Rural Development Loan Program: Top 10 Things Borrowers Need to Know

Word on the street is that 100 percent financing is a thing of the past. NOT TRUE!!! There remains here in Polk County, Florida and in other parts of the nation a true 100 percent financed home loan purchasing program surprisingly few folks are talking about. What's the program? Hey... glad you ...

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Owning vs. Renting Your Winter Haven, Florida Home: What are the Real Costs?

A commonly repeated statement among real estate and mortgage professionals here in Winter Haven and elsewhere is that --   before a true housing recovery can begin --  the  cost of financing a home versus renting one must return to historical levels. If this ...

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The $8,000 Tax Credit – What Winter Haven, Florida Homebuyers Need to Know

I've received a lot of questions about the recent stimulus package and the $8,000 "First-Time Home Buyer"   tax credit that is part of it.   There are many scenarios and questions about who does and who does not qualify... and even the term "First-time home buyer" is not ...

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How The Stimulus Bill Indirectly Lowered Winter Haven Mortgage Rates

President Obama signed the American Recovery and Reinvestment Act of 2009 into law Tuesday in Denver, Colorado - and stock markets fell near their November 2008 lows. In case you're still wondering... the two moves are related. With each new stimulus; with each potential  jumpstart of the economy, Wall Street ...

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Hidden Advantages of a Florida FHA Home Loan

What Is A Florida FHA Home Loan? Image via Wikipedia FHA stands for

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Winter Haven, Florida Weekly Mortgage Update: February 17, 2009

Winter Haven mortgage rates improved last week as the entire country waited with anticipation for a strong, government-led stimulus plan.   Unfortunately,   things turned south with equal speed as the stimulus package's efforts fell short of expectations. Neither Uncle Ben Bernanke, nor Mr. Geithner, nor Congress gave markets what they ...

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Stimulus Package Gives Winter Haven Home Buyers and Homeowners a Boost

Now that Congress has come to an agreement on the $789 billion stimulus package , and

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Winter Haven Sees Lower Mortgage Rates After Geithner’s Speech

While many here in Winter Haven, Florida were "underwhelmed" with Treasury Secretary Tim Geithner's latest press conference,   it was what he did not say ...

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Weekly Winter Haven Mortgage Rate Report: February 9, 2009

Last week we learned that the US employment outlook continues to look even bleaker than we'd feared.   However, despite the bad news, there were a few signs of life regarding the economy here in Winter Haven, Florida and across the nation. However, the pulse of our economy remains lower than we'd like, and in the ...

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Weekly Winter Haven Mortgage Rate Report: February 2, 2009

Hi folks, Kevin Sandridge here with your Weekly Mortgage Report. The initial outlook for this week is a bit stormy for the housing market here in Winter Haven, Florida and across the nation. Consumer confidence tanked to ...

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