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
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
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
How Much Cash Do I Need to Buy a Home besides the Down Payment and Closing Cost?
Grant Down Payment Assistance: a Seattle Real Estate Chat Video
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.
Comparing Low Down Payment Mortgage Programs
EDITORS NOTE: Fannie Mae is no longer offering the FannieMae HomePath mortgage program. If you are considering buying a Fannie Mae HomePath property (foreclosure that is owned by Fannie Mae) in Washington state, I’m happy to help you.
Home buyers have so many options today for selecting a mortgage today. We have several mortgage programs designed to help people buy a home who want to use less down payment. Many of these programs do not require the borrower to be a first time home buyer. Home buyers should compare all possible options before making a decision on what program is best suited for their personal financial scenario.
Home Buyers Seminar in Kent on Saturday, April 5, 2014
Would you like to learn more about the home buying process?
Would you like to qualify for down payment assistance?
Join me and my fellow instructor, Ira Sacharoff of Better Properties Real Estate as we review what happens during the home buying and mortgage process during this Washington State Housing Finance Commission sponsored class. Class participants may be eligible for mortgage programs and down payment assistance programs offered by the Washington State Housing Finance Commission (WSHFC), such as the Home Advantage Mortgage. This class also satisfies the home buyer education requirement for Freddie Mac’s Home Possible Program.
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