We are heading into a refinance boom so many readers are going to be refinancing and many readers are going to ask, should I or should I not pay closing costs?  It does not matter what lender or what loan originator you use, when you refinance a home or purchase a home there are closing […]

Ever wonder what would happen if you threw a huge party and nobody showed up?  Today the Federal Reserve Board in a manner of speaking opted to test the premise. 
The central bank on Tuesday said it had reduced the federal funds rate, the interest that banks charge each other, to a range of zero to […]

We here at Bayside, get many requests from people who want to refi for the Florida mortgage rates that they hear on the news but their houses have diminished in value so far, that they can’t do it.
FHA loans have what is called a “streamlined” refinance.  That is, you can refinance your FHA loan without […]

Rates are down… at 5.5% they seem way down… and in a way this is a fantastic time to refinance your Florida mortgage loan.  You have a job.  Your credit is good.  You have positive equity in your property (or so you think).  Seems like this should all be a no brainer (especially if you’re […]

Florida mortgage brokers could barely contain their enthusiasm when  news leaked from Washington of a proposal to light a fire under the moribund housing market by driving down Florida mortgage rates to the 4.5% range.
The plan, which reportedly could be announced as early as next week, has the potential to dramatically boost the Florida mortgage […]

It’s unreal.  For better than a year now, the Federal Government and the banks have known that Florida was a hot bed for fraudulent mortgage activity, yet here we are a year removed and the crooks are still at it.  Why make an issue of it?  Well, these guys are giving us all a bad […]

We have been in business for almost 20 years and when the internet became a venue for Florida mortgages, we had a website built and we did do some business from around the state.  The last 4 or 5 years we have done very little pure internet business for one simple reason.  WE DON’T LIE.  […]

Governor Crist along with representatives from The Florida Bankers Association and the Florida Credit Union League announced at a press conference that there would be a 45 day reprieve on foreclosure filings.  In addition there would be no foreclosure sales scheduled during this same period.  Is this a good thing?  If you’re one of these […]