What may impact mortgage interest rates this week: June 17, 2013
On Wednesday, we’ll have the results of the Fed Meeting which is sure to influence mortgage rates as traders wait for clues as...
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Home Buyer Education Class on July 20th
Do you or someone you know want to learn more about the home buying process? Jim Reppond from Coldwell Banker Danforth and I will be...
read moreLIVE POST: Mortgage Rates and other Miscellany
This week I’ve been away from my blog more than I like to be…it’s for good reason. I’m training my new...
read moreWhat may impact mortgage rates this week: June 10, 2013
Mortgage rates have been moving higher over the past few weeks. The better than expected data from last Friday’s Jobs Report...
read moreAre mortgage rates in the 3′s gone?
Mortgage rates have been moving higher causing some home buyers and rate shoppers a bit of surprise. Mortgage rates have been trending...
read moreWhat may impact mortgage rates this week: June 3, 2013
Mortgage rates have been trending higher, catching some home buyers and home owners waiting for a much lower rate off guard. Will that...
read moreUpdating your Preapproval Letter
I’m often asked by home buyers “does my preapproval letter expire” or “what happens if we don’t find a...
read moreAttend my Home Buyer Education Class on July 13, 2013
I will be teaching a home buyer education class on Saturday, July 13, 2013 at the High Point Library in West Seattle. This class is...
read moreBuying a home together before you get married
Last month I read an interesting article from Coldwell Banker about couples who are buying homes together before they get married. A...
read moreWhat May Impact Mortgage Rates the Week of May 27, 2013
We are back to work following the Memorial Day holiday and mortgage rates are trending higher this morning. Mortgage interest rates...
read moreWhat Sales Price Can I Buy with $100,000 Down Payment
I recently met with clients who have saved $100,000 to use for down payment and closing cost for a home in Bellevue. They easily...
read moreWhat the Fed Said
This morning, mortgage rates continue to take a hit from yesterday’s comments by Mr. Ben Bernanke before and after the Fed...
read moreBook Release: Buying a Home Again
Hot off the press! I wrote my latest Guide Book for people who have had a short sale or foreclosure and are considering buying their...
read moreWhat May Impact Mortgage Rates this Week: May 20, 2013
There was no economic data released today or scheduled for Tuesday. On Wednesday, we’ll have the minutes from the last Fed...
read morePardon me!
UPDATE May 21, 2013: Everything is looking good. Please let me know if you notice anything wonky. Thank you! I’m in the process...
read moreWhat is the difference between a Preapproval Letter and a Loan Commitment Letter?
Last week I shared how it’s pretty much mandatory that if you are a home buyer making an offer on a home located in the greater...
read moreWhat May Impact Mortgage Rates this Week: May 13, 2013
Mortgage rates, although still very low, are trending higher this morning following stronger than expected Retail Sales data and...
read moreIs it necessary in Seattle to get preapproved to make an offer on a home?
Recently one of my out of state clients who is looking to buy an investment home in Seattle asked “Is it necessary in Seattle to...
read moreHARP 3.0 Update
Insider Mortgage Finance recently posted this teaser indicating that President Obama is pushing for the eligibility dates for HARP 3.0...
read moreMortgage Rate Update for the Week of May 6, 2013
This week’s calendar is looking a little light as far as scheduled economic indicators which may influence the direction of...
read moreWhy is the Jobs Report so important to mortgage rates?
Typically on the first Friday of every month, the Bureau of Labor Statistics releases the Employment Situation Summary, otherwise...
read moreReader Question: Can Closing Cost be financed with a VA Loan?
I received this email from one of our subscribers: ”…with a VA mortgage, can you finance buyer closing costs...
read moreThe Fed to continue keeping mortgage rates low
The Fed just wrapped up their two day meeting and have issued their press release. Here are the tid-bits relating to keeping mortgage...
read moreOne month left before FHA mortgage insurance is permanent…SO WHAT??
Borrowers not wanting to have FHA mortgage insurance as part of their mortgage payment for the life of the loan have about thirty days...
read moreS&P Case-Shiller reports homes prices up in Seattle
The S&P/Case-Shiller Home Price Index was released this morning showing that home prices across the country are up 9.3%...
read moreWhat may impact mortgage rates the week of April 29, 2013
This week is jam packed with economic data that may move mortgage rates, including the Fed meeting wrapping up on Wednesday...
read moreBuying a Duplex to live in with an FHA mortgage
One of my favorite blogs to follow, Get Rich Slowly, recently published Reader Stories: I bought a duplex to save money on rent. The...
read moreWhy you should compare FHA to a Home Advantage Mortgage
If your credit scores are 680 or higher and you’re considering buying a home located anywhere in Washington state using FHA for...
read moreYour First Home Mortgage Guide Book
My most recent guide book, Your First Home Mortgage, is filled with information that I hope first time home buyers will find...
read moreWhat May Impact Mortgage Rates the week of April 22, 2013
Mortgage rates continue to be very low, helping to spur on greater Seattle area home buyers and home owners wanting to refinance. If...
read moreThree different 3 Percent Down Conventional Loan Programs
I’m pricing out a scenario for a first time home buyer who’s looking at buying a home priced at $250,000 and they have...
read moreHouse Key Opportunity – Washington State Bond Mortgage Program
House Key Opportunity is a mortgage program offered by the Washington State Housing Finance Commission. House Key Opportunity is...
read moreWhat may impact mortgage rates the week of April 15, 2013
Here are some of the economic indicators scheduled to be released this week which may impact mortgage rates: Monday, April 15: Empire...
read moreHome Advantage Mortgage with Down Payment Assistance
Home Advantage is a program that is offered through the Washington State Housing Finance Commission. Home Advantage is typically...
read moreHARP 2.0 extended through 2015
FHFA just issued a news release announcing that the Home Affordable Refinance Program (aka HARP) has been extended through 2015....
read moreWhat the Fed Said
This morning the FOMC Minutes from last months meeting and it’s causing a stir in the bond markets. The minutes reveal some...
read moreUSDA Rural reveals proposed new boundaries for Zero Down Mortgages
USDA Rural loans offers zero down financing to homes located in specific rural areas and to qualified borrowers who’s households...
read moreMortgage rate update for the week of April 8, 2013
Mortgage rates continue to remain at historically low levels. Homeowners who have not recently refinanced may want to contact their...
read moreI’m not just a Blogger, I’m also a Licensed Mortgage Originator
This morning my husband and I enjoyed a tasty brunch at West 5 in West Seattle. I love their breakfast hash! When our waitress brought...
read moreMore options for Washington home buyers
Yesterday I was “in class” at the Washington State Housing Finance Commission learning about programs they have to offer...
read moreGet Ready for Round 2 of Changes to FHA Mortgages
Effective this week, FHA annual mortgage insurance premiums were once again increased on loans with case numbers issued April 1, 2013...
read moreMortgage update for the week of April 1, 2013
Happy April Fools Day! 13 years ago today, I began my mortgage career at Mortgage Master Service Corporation…time flies when...
read moreHow does a Loan Mod impact buying your next home?
Many home owners who were unable to refinance and did not qualify for special programs like HARP opted for a loan modification (or...
read moreSeller’s Guide to Today’s Mortgages Guide Book
My most recent book that I’ve published is not for home buyers. I wrote this book for home sellers. Mortgages have...
read moreUpdate on USDA Zero Down Rural Home Loan Program
USDA mortgages offers home buyers the opportunity to buy a home in a designated rural area with zero down payment. Area’s...
read moreMortgage Rate update for the week of March 25, 2013
There are no economic indicators scheduled to be released today. What is impacting the direction of mortgage rates this morning is the...
read moreBuying Your First Investment Property Guide Book
This is my first “book release”…okay… it’s an “electronic book” or what I refer to as a...
read moreAnd the Fed Says…
Today wraps up the two day FOMC meeting with the Fed statement due around 11:00 am PST followed by a press conference featuring none...
read moreNo Fooling! Time’s Running Out on Reduced FHA Mortgage Insurance Premiums
There are just a few days left before FHA mortgages will have another increase to annual mortgage insurance premiums. Effective with...
read moreMortgage Rate Update for the Week of March 18, 2013
This morning, mortgage rates are improving largely due to drama that’s taking place in Europe with the IMF and the island of...
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