Ask Good, Bad and Ugly Questions

Good, Bad and Ugly questions are not always easy to ask!  We see the stars in your eyes, first time home buyer!  We know you think you have found the perfect house.  It might not be your dream house forever, but it is the perfect place for right now.  You know, there...

Federal Rate Hikes and Healing the Housing Industry: Help or Harm?

The news of federal rate hikes did not discourage spring.  We smell the sparkling floral notes of gardens, the spicy scent of fresh-cut lumber, the salty aroma of sea air:  These are the scents of Spring time 2017 in Florida.  Wait!  Fresh cut lumber?  Yes, Palm State...

Short-term Interest Rates, the Feds, and You!

The Federal Reserve lifted its benchmark short-term interest rate.  As a result, we are all playing dominoes!  To put it simply, the rate hike of 25% of a percentage point is “likely to have a domino effect across the economy as it gradually pushes up rates for...

Negative Equity: Defeating It, One Mortgage At A Time!

To explain the financial term, “negative equity,” let’s take a trip back in time.  If you, as a mortgage professional, could go back in time to 2009, the housing picture would look a great deal different than it does today. There would be, in fact,...

Remorse: How To Buy A Home Without It!

At Palm State Mortgage in Central Florida, we do not want to see our clients deal with buyer’s remorse.  We want our clients to be delighted with their mortgage and their home purchase.  We also want them to retain their delight once a month when they face...

Valentine Sentiment for Home Owners

Just in time for Valentine fun, the Home Purchase Sentiment Index demonstrated that consumers are starting to show more love for home ownership. And everybody knows love is a very appropriate topic for February, as we approach the sweetly sentimental holiday of...