I just received an email from a popular credit reporting service suggesting that I open new accounts.
Archives for April 2016
Friday Funny on Debt
April 22, 2016 by Leave a Comment
All sarcasm aside, if you want to buy or refinance a home, think twice before going deeper into debt.
If buying or refinancing a home in Washington state is on your radar, please contact me – I’m happy to help you with your mortgage needs and develop a game plan.
Freddie Mac PMMS: Lowest Rates since May 2013
April 14, 2016 by Leave a Comment
This morning Freddie Mac released their Prime Mortgage Market Survey which revealed that last weeks rates hit another low for this year.
If you are interested in seeing if refinancing makes sense, I am happy to review your scenario and provide you with a no-hassle rate quote. Of course I’m happy to help you buy a home too. 🙂 Click here to start the preapproval process.
FHA revises guidelines for calculating student loans
April 13, 2016 by 1 Comment
Tonight HUD announced that they are backing off how they have been treating student loan debts for people who are trying to qualify for a mortgage.
From HUD’s announcement:
“…FHA believes that its approach provides the appropriate balance between expanding access to credit and ensuring that the borrower is able to maintain successful, long-term homeownership.
Fannie Mae’s HomeReady Mortgage
April 13, 2016 by 1 Comment
The HomeReady Mortgage is a mortgage program created by Fannie Mae intended to help low-to-moderate income borrowers with good credit buy or refinance a home.
Here are more details about the HomeReady Mortgage:
Home Buyer Class in Kent
April 11, 2016 by Leave a Comment
****THIS CLASS HAS BEEN CANCELLED****
I will be teaching a home buyer class in Kent with Ira Sacharoff of Better Properties Real Estate on Saturday, April 23, 2016 at Mortgage Master Service Corporation’s home office which is located just south of South Center on West Valley Highway.
The class is sponsored by the Washington State Housing Finance Commission. Students who attend are eligible for programs like Home Advantage or House Key Opportunity (the Washington state bond program) or Freddie Mac Home Possible. Students are also eligible for various down payment assistance programs
Freddie Mac PMMS Reports lowest rates of 2016
April 7, 2016 by Leave a Comment
Freddie Mac’s Prime Market Mortgage Survey reports that the 30 year fixed conventional mortgage had an average interest rate of 3.59% with 0.5 points last week.
Mortgage rates are indeed very low right now making this a great opportunity to consider refinancing your current home or investment property. If your home is located anywhere in Washington state, I’m more than happy to help you. Click here for a no-hassle rate quote.
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