Archives for December 2014

BREAKING NEWS: 2015 FHA Loan Limits HIGHER for King, Snohomish and Pierce Counties

December 5, 2014 by 3 Comments

HUD just released the loan limits for 2015. All Washington state counties will have the same FHA loan limits as 2014 with exception to King County, Snohomish County and Pierce County. The tri-county area has higher loan limits that mirror 2015 conforming loan limits.

2015 Conforming Loan Limits for King, Snohomish and Pierce Counties:

  • One Unit: $517,500 (up from $506,000)
  • Two Unit: $662,500 (up from $647,750)
  • Three Unit: $800,800 (up from $783,000)
  • Four Unit: $995,200 (up from $973,100)

I will do a follow up post with a complete list of all counties soon!

UPDATE December 15, 2014: Here is a complete list of the FHA 2015 loan limits of all Washington state counties.

Filed Under: FHA Tagged With: , , ,

Money Saving Tips You Can Do Now for the New Year

December 4, 2014 by Leave a Comment

mortgageporterraiseThe other day, Get Rich Slowly published 14 Smart Money Moves to Make Before the End of the Year which I liked enough to share on my Facebook page and to also included here on my blog. 🙂  There are a couple “smart money moves” that are missing on this post that I would like to suggest for home owners.

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Filed Under: Refinance Tagged With: ,

What May Impact Mortgage Rates this week: December 1, 2014 – Mortgage Rates continue Lower

December 1, 2014 by Leave a Comment

santawalletCan you believe this is the last month of 2014? This year really seems to have gone by extra fast to me…or perhaps I’m just getting older or perhaps I’m feeling this way after returning to work following the long holiday weekend. 🙂

Regardless of how quickly time flies, this week is packed with economic data that may impact the direction of mortgage rates, including the Jobs Report on Friday.

Here are some of the economic indicators scheduled to be released this week:

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Filed Under: Economy, Interest Rates
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