Our Blog

Due to the Federal Housing and Economic Recovery Act of 2008, $4.3 million will be granted to Hernando County as an effort to aid communities that were affected the most by the economic crisis. Hernando County ranks high on the list of communities that are need of assistance, focusing mainly on Spr [Read More]

Daily Mortgage News HSBC is out! HSBC is a UK based bank that at one point was America's top subprime lender, which explains their shutting down in the US! The American retail bank and credit card division of HSBC will remain open here in the states. HSBC has actually been renamed HFC & Be [Read More]

In September of last year, the government seized control of Fannie Mae and Freddie Mac, two of the largest mortgage finance companies in the country. Together these companies own/guarantee nearly 31 million home loans to the tune of $5.5 trillion. Last week the Obama Administration doubled the life [Read More]

Daily Mortgage News We have an interesting week ahead of us. Most important President Obama's Homeowner and Stability Plan, which is going to help stabalize  the market and let homeowners refinance, will be giving us details by Wednesday. Stay tuned because once those details are rel [Read More]

Don't miss the opportunity. Right now between the foreclosure discount, tax credit discount and interest discount, why wouldn't you buy now? Foreclosure homes have been selling for about 75 percent of the price of regular homes. For instance a $180,000 home is selling as a foreclosure at 25 [Read More]

I moved to Weeki Wachee from Long Island without much thought and then worried would I regret it? I have been here almsot five years and you couldn't get me to move back. For me, it is a "small town feeling" with all the amenities. I am no more than 20 minutes away from anything; the [Read More]

Daily Mortgage News Refinancing will soon be an option again. If you own a home and owe up to 5% more than your homes value you will now qualify to refinance. Your mortgage just has to be held by Fannie Mae or Freddie Mac. This is the President and Congress trying to limit the number of foreclosur [Read More]

St. Petersburg Pier in Pinellas County, Florida is in danger of becoming extinct! The St. Petersburg Pier serves not only as a fishing pier but a place for waterfront dining, shopping and even an aquarium! However, the gulf breezes have begun to deteriorate the infrastructure of the pier leaving th [Read More]

Daily Mortgage News The government is winning points in the mortgage industry with me! They are currently trying to help First Time Homebuyers with credit offers of up to $8,000.00 to tax payers who qualify.  This is under The American Recovery and Reinvestment Act of 2009 in the form of a ta [Read More]

January marks five months in a row that existing home sales in Florida are on an incline, according to Florida Association of Realtors (FAR). With home sales rising 24% and condominium sales rising 13%, this could be a sign that the real estate market is coming back! Out of twenty different metrop [Read More]