It’s been a while since I’ve published anything about our penny floor project in our basement…quite simply, that’s because it’s been a while since we’ve worked on it! We got diverted with other projects, including an investment home that we purchased (that we installed a small penny floor in) …and my husband wound up crewing a sailboat down under for about a month…I can come up with more excuses reasons why the floor has not progressed…you get the idea. [Read more…]
Archives for December 2016
DIY Penny Floor Update…it’s been a while!
December 20, 2016 by Leave a Comment
Big Day with the Fed! [LIVE POST]
December 14, 2016 by Leave a Comment
It’s been a while since I’ve done a live post. I think today calls for a live post since the FOMC is meeting and it’s highly anticipated they will decide to increase rates. Mortgage rates have been steadily climbing since mid-November following the elections. There are several factors that are influencing the upward move in rates, including what appears to be a better economy along with signs of inflation. [Read more…]
Mortgage rates at 2 year highs
December 8, 2016 by Leave a Comment
Mortgage rates continue to trend higher as confirmed by Freddie Mac’s weekly Prime Mortgage Market Survey released this morning.
Appraisals waived for some refinances!
December 5, 2016 by 2 Comments
Fannie Mae will begin offering appraisal waivers on some refinance transactions. This is great news as it will help transactions that qualify have a quicker closing and help reduce the work load for appraisers which will hopefully help expedite current appraisal turn-times. This will also help home owners save money on their transaction by not having to pay an appraisal fee, which have gone up dramatically over the last few months. [Read more…]
2017 VA Loan Limits for Washington State
December 2, 2016 by Leave a Comment
Loan limits for VA mortgages have been announced and, like last year, will follow the conforming loan limits.
Technically, VA loans do not have limits like conforming and FHA mortgages. The “loan limit” that is referred to with a VA loan is highest loan amount a Veteran can borrower without making a down payment. It’s really a great benefit to those who have served our county. VA Jumbo loans (loan amounts over the VA limit) allow veterans to buy higher priced home with a greatly reduced down payment. [Read more…]
2017 FHA Loan Limits for Washington State
December 1, 2016 by Leave a Comment
HUD has just announced FHA loan limits for 2017. Loan amounts were increased for all Washington counties EXCEPT for Chelan, Callam, Douglas, Jefferson, San Juan and Skagit which have the same FHA loan limits as 2016.
Loan limits for 2017 are in effect with FHA case numbers issued in 2017.
BREAKING NEWS: 2017 FHA Loan Limits increased for Greater Seattle area
December 1, 2016 by Leave a Comment
HUD has updated their website with the 2017 loan limits for FHA mortgages. King, Pierce and Snohomish counties will match the 2017 conforming high balance loan limits. FHA loan limits are effective with CASE NUMBERS issued in 2017. [Read more…]
Mortgage rates continue to climb higher
December 1, 2016 by Leave a Comment
Freddie Mac released their Prime Mortgage Market Survey (PMMS) this morning showing rates continuing to move higher.
Recent Comments