« The Countdown has Begun... | Main | Can You Help The Tornado Victims? »

February 07, 2008



Talk about catch twenty-two, seems to me the Fed is damned if they do and damned if they don't! The Fed has lost some of its punch economic realities set in. The 10 year note has become somewhat of the mortgage interest rate market. The typical long term investor wants no part of the shorter term market.

In Florida I think we have even bigger challenges to face. The ever tightening loan guidelines coupled with increased downward pressure on real estate values. The consumer needs to act if they even think they have the need. An appointment with their mortgage professional should be at the top of their to do list. I recently read that Zillow.com reported that that something like 70% of Americans believe their home value increased or remained the same in 2007. Are you kidding me?? The term reality presentation comes to mind!

The comments to this entry are closed.

About Author

  • Robert D. Ashby
    was the first Certified Mortgage Planning Specialist in the state of Florida. He is also the owner of Solid Rock Mortgage Corporation in Pembroke Pines, FL and a pilot for American Airlines.


  • In case you missed the posts, this is to inform you that the Florida Mortgage Report is moving to a new domain which is already up and running with the same content here. Please visit www.flmortgagereport.com and subscribe to that feed. At the end of February, this domain will be hosting a Mortgage Market Daily blog called Florida Mortgage Daily. Please contact me with any questions or suggestions on the new site. Thank you.

Cool Websites

Blog Resources

Your email address:

Powered by FeedBlitz

AddThis Social Bookmark Button