Archive for the ‘Mortgage Rate Watch’ Category

Affordability Of Tampa Real Estate Gets Big Boost

January 30, 2009 by Lenny Gurvich · Comments Off
Filed under: First Time Homebuyers, Mortgage Rate Watch, News on Interest Rates, Real Estate Market Reports, Tampa Real Estate 
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Affordability of homes increases.

How To Save $1600 and Mortgage Rate Update

September 12, 2008 by Mark · Comments Off
Filed under: Home Inspection Tips, Mortgage Rate Watch, News on Interest Rates 

We recently had a Uniform Mitigation Inspection Report done on our home and were told by our insurance company that our insurance premium will be reduced by $1,600 per year due to certain construction features of our home of which they were unaware. If you have not done so already, I would suggest that you [...]

It’s Gonna Cost Me What?!

March 18, 2008 by Lenny Gurvich · Comments Off
Filed under: Mortgage Rate Watch, Tampa Home Buyer Tips, Tampa Real Estate 

For most folks, a monthly mortgage payment is made up of 4 components:

Principal on the loan.
Interest on the loan
Taxes (property)
Insurance (hazard, flood, etc)

Those 4 components are commonly referred to as PITI. I commonly run in to folks who are grossly underestimating their monthly nut on a specific loan amount.
There’s no better way to get an [...]

Transparency Of Mortgage Loan Terms

August 30, 2007 by Lenny Gurvich · 4 Comments
Filed under: Mortgage Rate Watch, News on Interest Rates, Real Estate Market Reports, Tampa Real Estate 

The juxtaposed headlines in today’s Tampa Tribune’s business section:
Fed Urges Mortgage Options and Fewer Buyers Seeking Home Loans
In the first article the Fed chairman, Ben Bernanke , is quoted as saying that having “a broader range of mortgage products which are appropriate for low and moderate-income borrowers, including those seeking to re-finance” might help the [...]

Tampa Real Estate Market Conditions

June 22, 2007 by Lenny Gurvich · Comments Off
Filed under: Mortgage Rate Watch, News on Interest Rates, Tampa Florida Real Estate, Tampa MLS 

The Greater Tampa Association of Realtors, of which I am a member, has been running an ad lately that points out why now is a good time to buy residential real estate in Tampa. One of the points the ad makes is that there has never been such a great choice of properties available for [...]

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