Archives for January 2014

History of Mortgage Rates [Graph]

I began in the title industry in 1986 and then moved to my mortgage career in 2000.  Thanks for creating this graph, Zillow, illustrating that rates truly are and have been at historic lows.  During 2014, I expect we’ll see mortgage rates trend higher although still remain “historically low”…just not a the levels many have became accustomed to.

 

What May Impact Mortgage Rates this Week: January 6, 2014

MortgagePorter-JobsReportThis week we’ ll be watching for the minutes from the last FOMC meeting and the Jobs Report as they may impact the direction of mortgage interest rates. It’s anticipated that employers added 197k jobs in December. Here are the economic indicators scheduled to be released this week:

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WSHFC announces new income limits for down payment assistance programs

The Washington State Housing Finance Commission has announced changes to income limits for some of their down payment assistance programs.

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Happy 2014

IMG_20131230_205252Earlier this week I met with my team at Mortgage Master to review goals for this year. This past year at the company has been great. I added a Loan Officer Assistant, Crystal and our main office moved to a beautiful new office in a more central location. Mortgage Master has also added to their management team, which has been beneficial by providing extra support to our mortgage originators. I’ve added additional tools to what I offer clients as well and I’m eager to start better implementing them into our services. I am constantly reviewing and trying new programs with the goal of helping clients have better tools and information to help make informed decisions for their mortgage needs.

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