VisualTour
Brokers Open House Tues 2/2/2010 12pm-2-pm
Hot Homemade lunch hosted by Cynthia & Marie
41 West Drive, Mastic Beach NY 11951
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
My number one goal is to provide my clients with the highest level of Quality Service. I bring to my clients a quality company that's innovative and ahead of the curve in technology as well as marketing. I don't just sell homes...I help move families to the next level in their lives. Quality Service, Dedication & Determination are the building blocks of my Reputation!
- Cynthia Rodriguez
- Patchogue, New York, United States
- Licensed Sales Associate of Coldwell Banker M&D Good Life Real Estate "Service, Dedication & Determination are The Building Blocks of My Reputation"
Saturday, January 30, 2010
Friday, January 29, 2010
FHA Announces Important Policy Changes
A number of important changes were announced today by the FHA to reduce risk and improve its finances:
■The upfront mortgage insurance premium (MIP) will be raised from 1.75 percent to 2.25 percent
■The minimum down payment will climb from 3.5% to 10% if your Fico score is below 580
■Allowable seller concessions will be reduced from 6% to 3%
The FHA also plans to request legislative authority to increase the maximum annual mortgage insurance premium so it can reduce upfront costs for prospective home buyers.
The proposed changes, which apply to all FHA loans, are expected to go into effect in either spring or summer, so you may want to get that FHA loan application in sooner rather than later.
Additionally, the agency will continue to increase enforcement on FHA-approved lenders, and will publicly report lender performance rankings to improve transparency and accountability.
By: Colin Robertson
The Truth About Mortgage.com
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
http://cynthiarodriguezrealtor@gmail.com
■The upfront mortgage insurance premium (MIP) will be raised from 1.75 percent to 2.25 percent
■The minimum down payment will climb from 3.5% to 10% if your Fico score is below 580
■Allowable seller concessions will be reduced from 6% to 3%
The FHA also plans to request legislative authority to increase the maximum annual mortgage insurance premium so it can reduce upfront costs for prospective home buyers.
The proposed changes, which apply to all FHA loans, are expected to go into effect in either spring or summer, so you may want to get that FHA loan application in sooner rather than later.
Additionally, the agency will continue to increase enforcement on FHA-approved lenders, and will publicly report lender performance rankings to improve transparency and accountability.
By: Colin Robertson
The Truth About Mortgage.com
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
http://cynthiarodriguezrealtor@gmail.com
Saturday, January 23, 2010
Cynthia Rodriguez - Licensed Salesperson
Cynthia Rodriguez - Licensed Salesperson
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Thursday, January 21, 2010
Friday, January 15, 2010
REALTOR® Magazine-Daily News-Record Number of Foreclosures in 2009
Record Number of Foreclosures in 2009
Total foreclosures in 2009 reached 2.8 million, a 21 percent increase over 2008 and a 120 percent rise compared to 2007, according to foreclosure sales Web site RealtyTrac in a year-end report released Wednesday.
RealtyTrac also reported that fourth quarter foreclosures decreased 7 percent from the third quarter, although they were up 18 percent compared to 2008. December 2009 foreclosures were up 14 percent over December 2008.
The 10 states with the highest foreclosure rates in 2009 were: Nevada, Arizona, Florida, California, Utah, Idaho, Georgia, Michigan, Illinois, and Colorado.
California, Florida, Arizona, Illinois account for 50 percent of the foreclosures. The other 10 states with the largest numbers of foreclosures are Michigan, Nevada, Georgia, Ohio, Texas, and New Jersey.
“A massive supply of delinquent loans continues to loom over the housing market, and many of those delinquencies will end up in the foreclosure process in 2010 and beyond as lenders gradually work their way through the backlog,” says RealtyTrac CEO James Saccacio.
Source: The Associated Press (01/14/2010)
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Total foreclosures in 2009 reached 2.8 million, a 21 percent increase over 2008 and a 120 percent rise compared to 2007, according to foreclosure sales Web site RealtyTrac in a year-end report released Wednesday.
RealtyTrac also reported that fourth quarter foreclosures decreased 7 percent from the third quarter, although they were up 18 percent compared to 2008. December 2009 foreclosures were up 14 percent over December 2008.
The 10 states with the highest foreclosure rates in 2009 were: Nevada, Arizona, Florida, California, Utah, Idaho, Georgia, Michigan, Illinois, and Colorado.
California, Florida, Arizona, Illinois account for 50 percent of the foreclosures. The other 10 states with the largest numbers of foreclosures are Michigan, Nevada, Georgia, Ohio, Texas, and New Jersey.
“A massive supply of delinquent loans continues to loom over the housing market, and many of those delinquencies will end up in the foreclosure process in 2010 and beyond as lenders gradually work their way through the backlog,” says RealtyTrac CEO James Saccacio.
Source: The Associated Press (01/14/2010)
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
REALTOR® Magazine-Daily News-Fed: It's Time the Market Stands on its Own
Fed: It's Time the Market Stands on its Own
April 1 will be the first day that the Federal Reserve will end its debt purchase program and allow the struggling U.S. mortgage market to operate unassisted. As a result, the Fed believes mortgage rates will rise about three-quarters of a percent to about 6 percent, Boston Fed President Eric Rosengren said Saturday.
Fear of a worldwide perception that the U.S. government is simply printing money to use to purchase mortgage-related securities is a big reason the Fed has pulled back, analysts say. If that fear caused a sell-off of U.S. government bonds, it would push borrowing costs substantially higher and derail the economic recovery.
"We are still in uncharted waters," Fed Vice Chairman Donald Kohn said in an unrelated speech Saturday. "We will need to be flexible and adjust as we gain experience."
Source: Reuters News, Pedro Nicolaci da Costa (01/08/2010)
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
April 1 will be the first day that the Federal Reserve will end its debt purchase program and allow the struggling U.S. mortgage market to operate unassisted. As a result, the Fed believes mortgage rates will rise about three-quarters of a percent to about 6 percent, Boston Fed President Eric Rosengren said Saturday.
Fear of a worldwide perception that the U.S. government is simply printing money to use to purchase mortgage-related securities is a big reason the Fed has pulled back, analysts say. If that fear caused a sell-off of U.S. government bonds, it would push borrowing costs substantially higher and derail the economic recovery.
"We are still in uncharted waters," Fed Vice Chairman Donald Kohn said in an unrelated speech Saturday. "We will need to be flexible and adjust as we gain experience."
Source: Reuters News, Pedro Nicolaci da Costa (01/08/2010)
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
YouTube - Inspirational Video - The Don't Quit Poem
YouTube - Inspirational Video - The Don't Quit Poem
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguez.realpartner.com
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Tuesday, January 12, 2010
Cynthia Rodriguez - Licensed Salesperson
Cynthia Rodriguez - Licensed Salesperson
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
Cynthia Rodriguez
Licensed Sales Associate
www.cynthiarodriguezonline.com
www.cynthiarodriguez.listingbook.com
cynthiarodriguezrealtor@gmail.com
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