Monthly Archives: September 2010

florida sept 28 morning beauty.jpg

Beautiful sky to wake up to this last Tuesday in September 2010.

Posted in Uncategorized | Comments Off on florida sept 28 morning beauty.jpg

Ireland has its debt downgraded further by S&P

The news got worse yesterday for Ireland as an additional downgrade of the European country was announced by the ratings agency S&P.  This news will hurt the stock markets and bond markets in Europe in my opinion and may carry … Continue reading

Posted in Stock Market thoughts | Comments Off on Ireland has its debt downgraded further by S&P

FL Mortgage Rates for Monday 9.27.10

Looks like the Florida mortgage market is having a good day after a very strong week.  The market opened a little weak but came back strong with the early morning weakness in stocks.  YSP’s across the board are higher as … Continue reading

Posted in FL Mortgage Market Update | Comments Off on FL Mortgage Rates for Monday 9.27.10

center stage event in west palm beach.jpg

Rick Deluca at the Center Stage event this morning in West Palm Beach FL

Posted in Existing Home Sales | Comments Off on center stage event in west palm beach.jpg

FL Mortgage Rates Update for 9.20.10

FL mortgage rates were down then up yesterday as the market went on a wild ride.  As evidenced by the chart below we saw 3 price changes in the same day as indicated by the yellow diamond alert indicator on … Continue reading

Posted in FL Mortgage Market Update | Comments Off on FL Mortgage Rates Update for 9.20.10

FHA 203k Renovation Loans for homes with Termite Damage

FHA 203k renovation loans and FHA 203k streamline renovation loans can help save a deal in Florida and in any state where the program is available.  Termite damage is a more common problem today due to the number of Bank … Continue reading

Posted in FHA 203k Renovation Loans, Renovation Financing | Comments Off on FHA 203k Renovation Loans for homes with Termite Damage

Weekly Bank Seizures total is 6

The bank seizures continues with 6 more banks getting the hook this week.  This makes 125 for the year.

Posted in US Banking News | Comments Off on Weekly Bank Seizures total is 6

FL Mortgage rates update 9.17.10

Brutal day in the MBS market with 2 alerts for reprices.  The market started bad and just got worse all day.  The stocks are not that strong today so this selling must be respected.

Posted in Uncategorized | Comments Off on FL Mortgage rates update 9.17.10

Florida Mortgage Rates – update after close 9.14.10

Looks like strong pricing across the board today as Yield Spreads increase for 106 lenders vs on 6 lenders with higher prices.  Seems like buying has come in to the mortgage backed securities market at just the right time again…. … Continue reading

Posted in Uncategorized | Comments Off on Florida Mortgage Rates – update after close 9.14.10

FL Mortgage Rates Update 9.13.10

Fl mortgage sees rates getting lower as the chart shows a straight up move in the mortgage market.  Will the day stay strong?  Not really sure but have to think that it will not.  I will check in at the … Continue reading

Posted in Uncategorized | Comments Off on FL Mortgage Rates Update 9.13.10