Home Buyers Seminar in Kent on Saturday, April 5, 2014

Seattle Home Buyer Classes

UPDATE: Please visit our pre-recorded online Homebuyer Workshop if you would like to learn more about the home buying process or visit WSHFC’s site to sign up for a class.

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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What May Impact Mortgage Rates this Week: March 24, 2014

mortgageporter-economyMortgage rates are based on bonds (mortgage backed securities) and often fluctuate throughout the day depending on activity in the markets. Often times when the stock market is taking a hit, we’ll see mortgage rates improve as investors will trade seek the safety of bonds. World events, like what is taking place in Crimea, may impact mortgage rates,  as will the Fed’s bond buying program and economic data that is scheduled to be released. Here are some of the economic indicators scheduled to be released this week:

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Fed to continue to prune support of mortgage backed securities

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Mortgage rates trended higher this afternoon after the Fed stated they will prune another $10 billion per month from their bond buying program which has been keeping mortgage rates artificially low.

From the FOMC Press Release:

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What May Impact Mortgage Rates this Week: March 17, 2014

mortgageporter-economyHappy Saint Patrick’s Day! Here are some of the scheduled economic indicators which may impact mortgage rates being in the green this week:

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What May Impact Mortgage Rates this Week: March 10, 2014

mortgageporter-economyLast Friday, the Jobs Report came in stronger than expected causing mortgage rates to tick slightly higher (although they’re still historically low). Mortgage rates are based on mortgage backed securities (bonds) and may change constantly throughout the day. Here are some of the economic indicators scheduled to be released this week, which may impact the direction of mortgage rates:

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