Mortgage rates continue to be bouncing at very low levels while the markets continue to be very volatile. Here are some of the economic indicators scheduled to be released this week that may impact the direction of mortgage interest rates:
What May Impact Mortgage Rates this Week: January 26, 2015
January 28, 2015 by Leave a Comment
2015 Conforming Loan Limits for Washington State
December 14, 2014 by 1 Comment
Earlier this month, the FHFA announced the 2015 conforming loan limits for homes located in Washington state. A conforming loan is a conventional loan (ie Fannie Mae or Freddie Mac). Loan amounts that exceed the conforming loan limit are considered jumbo loans (or non-conforming) and have different underwriting guidelines and rates.
The FHFA increased the loan limits in three counties (King, Pierce and Snohomish) effective 2015. All other counties will have the same loan limits as 2014.
2015 Conforming Loan Limits for Homes Located in Washington State
Mortgage Rates Drop to new 2014 Lows
October 15, 2014 by 1 Comment
The 30 year fixed is back under 4.000% as I write this post. Rates change constantly and with how volatile the markets have been, we could see mortgage rates bounce back up as quickly as they’ve dropped down.
What May Impact Mortgage Rates this Week: June 30, 2014
July 1, 2014 by Leave a Comment
This is a short week with Independence Day on this Friday. Watch for the Jobs Report being released on Thursday, July 3, which could provide some early fireworks depending on if the data comes in less or more than expected.
Here are some of the economic indicators scheduled to be released this week:
Home Buyer Class in South Seattle
June 27, 2014 by Leave a Comment
I will be teaching a Home Buyers Education Class with Ira Sacharoff of Better Properties Real Estate Seattle on Saturday, August 9, 2014 at the Skyway Public Library. This class is sponsored by the Washington State Housing Finance Commission.
Students will learn about the home buying process and will receive a certificate at the end of the class making them eligible for:
Washington State Down Payment Assistance Programs and Grants
June 18, 2014 by 18 Comments
Washington State home buyers have several various down payment assistance programs available and they’re not just limited to first time home buyers. These funds can go towards closing cost and the down payment of primary residence.
Here’s an updated list of what I have available.
How Much Cash Do I Need to Buy a Home besides the Down Payment and Closing Cost?
May 9, 2014 by 1 Comment
In addition to the down payment and standard closing cost associated to buying a home, additional funds may be required from the buyer prior to closing on a home. Here’s an example of what home buyers in the greater Seattle area should be prepared for.
Grant Down Payment Assistance: a Seattle Real Estate Chat Video
April 26, 2014 by Leave a Comment
I’m real excited that we’re able to offer the NHB Grant Program at our company. During this week’s episode of Seattle Real Estate Chat with Jim Reppond, we covered some of the details about this down payment assistance program that home buyers do not pay back.
If you are interested in this or any mortgage program for homes located in the state of Washington, please contact me.
Recent Comments