Holiday Hangover – Did You Overspend this Season?

Twas the season of spending with American’s splurging over $1100 on gifts this holiday season. Credit card interest rates average around 24% with some department store cards pushing 30%; making it very difficult for some to pay off the debt.

Lendingtree reports that 42% of those who charged holiday gifts regret adding to their debts.

If you’re feeling a bit of a financial hangover from the holidays, you can take some steps to help ease the headache of credit card debts. [Read more…]

Happy 18th Blog-Anniversary to The Mortgage Porter

18 years ago, I created The Mortgage Porter. I was frustrated with how the news was wrongly reporting that all loan officers were going to be licensed – which simply was wrong. Loan officers who work for depository banks or credit unions are not required to be licensed. We are held to different standards, which is unfortunate…but I digress. I’m here to celebrate the 18th anniversary of my blog, The Mortgage Porter. [Read more…]

Thank a Veteran by Accepting their Offer with a VA Loan

VA Home LoansToday, much deserved gratitude will be shared to our Veterans. We honor their courage, sacrifice and service that allow us to have our freedom.

As a mortgage professional, I am thrilled when I have received a purchase and sales agreement where the seller has agreed to allow the Veteran to use their VA loan.

The VA Loan is a benefit that the Veteran has earned. There are no loan limits and offers low to no down payment. [Read more…]

How King County Senior Citizens Can Reduce Their Property Taxes

Senior Tax Exemptions for King CountyProperty values across King County have climbed for years—great news if you’re building equity, but a real problem if you’re a senior on a fixed income watching your tax bill climb right along with them. Every year, longtime homeowners get priced out of the houses they’ve lived in for decades, not because they can’t afford the mortgage, but because they can’t keep up with rising property taxes. [Read more…]

Rest in Peace, Patrick Sand

Patrick Sand and Rhonda Porter at KOMO Bloggers event [Read more…]