It’s Jobs Week! Check out what’s going on with rates with my latest video.
Mortgage Rate Update for the week of June 3, 2024
June 3, 2024 by Leave a Comment
Mortgage Rate Update for the week of May 27, 2024
May 28, 2024 by Leave a Comment
I hope you had a great weekend. Here’s what may impact the direction of mortgage rates this week!
If you would like a mortgage interest rate quote with current mortgage rates based on your personal scenario, please contact me!
Home Buying Hack for Roommates
May 23, 2024 by Leave a Comment
I have a great tip for you if you’re currently renting with a roommate and considering buying a home.
The HomeReady program allows for you to use “boarder income” to qualify for your next home. If you’re thinking about buying a home where your roommate will continue to pay you rent, you may be able to use that rental income for qualifying for your new mortgage on a one-unit home. [Read more…]
Mortgage Update for the week of May 20, 2024
May 20, 2024 by Leave a Comment
This week’s update features information on mortgages for self-employed borrowers!
Tips for Lowering Your Mortgage Payment
May 17, 2024 by Leave a Comment
Your total mortgage payment consists of the principal, interest, property taxes, homeowners insurance and mortgage insurance (if applicable). If you’re considering buying or refinancing your home, there are some ways that you may be able to lower your total mortgage payment.
Here are some tips to help you lower your monthly mortgage payment:
Mortgage Market Update for the week of May 13, 2024
May 14, 2024 by Leave a Comment
My apologies for being a week (plus one day) behind on my weekly update. Last week I was on vacation in California visiting my wonderful sister-in-law. I’m back to work now! Please let me know if you need any assistance with your mortgage or real estate needs.
Searching for your Dream Home? Consider a Renovation Mortgage.
May 5, 2024 by Leave a Comment
If you have been finding the current lack of inventory a challenge, you may want to consider a renovation mortgage. A renovation mortgage (or rehab loan) allows you to finance improvements to the property beyond the sales price of the home. The renovations begin after closing and there are no restrictions on the types of improvements. You can even use this on your existing home as a refinance if you love your location and neighbors and just want to make changes to your home. [Read more…]
Predicting Mortgage Rates is like forecasting Weather
May 3, 2024 by Leave a Comment
Trying to predict mortgage rates is very similar to forecasting our weather in our beautiful Pacific Northwest. There are economic indicators with data that result in mortgage rates going down or raising higher just as there are weather patterns and pressure systems that typically indicate sunnier days or a storm approaching. Sometimes the reports that are being relied on can conflict with each other making it more difficult to make an accurate prediction. [Read more…]
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