Welcome to the last mortgage rate update for 2013! This is another short holiday week. December’s Job’s Report will not be released until next Friday, January 10, 2014.
Here are the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: December 30, 2013
December 30, 2013 by Leave a Comment
2014 Predictions for the Seattle Real Estate and Mortgage Trends #SeattleREchat
December 26, 2013 by Leave a Comment
In this year’s final episode of Seattle Real Estate Chat (we’re coming back in 2014!), Jim Reppond and I review 2013 and make a few prediction for 2014 regarding the real estate market and mortgages in the greater Seattle area.
We will resume our regular scheduling of Tuesday mornings at 10:00 am PST for Seattle Real Estate Chat on Tuesday, January 7, 2014.
Thank you for watching our show – I hope you’ll tune in next year. 🙂
What May Impact Mortgage Rates this Week: December 23, 2014
December 23, 2013 by Leave a Comment
Happy Holidays! With this being a short week due to Christmas, we may see a bit more volatility with mortgage rates with many traders taking time off for the holidays. Markets will be closing early on Tuesday for Christmas Eve and will be closed all day Wednesday. Here are some of the economic indicators scheduled to be released this week:
2014 VA Loan Limits for Washington State
December 21, 2013 by 2 Comments
2014 VA loan guarantee limits for Washington State have been released. VA loans do not have “limits” like conforming or FHA loans. They do have limits as to the amount VA loans will guarantee. The loan amounts below reflect what VA will lend up to 100% loan to value. Loan amounts above the limits below have reduced down payments for Veterans who qualify for this benefit.
Lenders Increasing Extension Fees
December 19, 2013 by Leave a Comment
I’m receiving notices from a couple of the lenders we work with that they are temporarily increasing rate lock extension fees due to Fannie Mae’s increased guarantee fees (LLPA) that will hit us in 2014. An extension fee is an additional cost that may be charged in order to keep a rate locked when the rate lock is expiring.
