You’ve probably heard that the Seattle’s sizzling real estate market has cooled a bit with home prices starting to come down. This is great news for folks who have grown weary battling in bidding wars only to have their offers rejected time after time. It looks like, at least right now, things may be returning to be more “normal”. [Read more…]
Greater Seattle’s Shifting Real Estate Market
November 7, 2018 by Leave a Comment
Amazon Raises and How Changes to Pay Structure Impacts Qualifying for a Mortgage
October 4, 2018 by Leave a Comment
Amazon recently announced that it’s increasing it’s minimum wage to $15 for all employees, including part-time, seasonal employees and temps effective November 1, 2018. Amazon states this will benefit more than 250,000 employees and over 100,000 people who will be hired for the upcoming holiday season. Even Operations and Customer Service employees who are already making $15 per hour will receive an increase to their hourly wage. [Read more…]
Mortgage interest rates continue to trend higher
September 27, 2018 by Leave a Comment
This morning Freddie Mac released their weekly Prime Mortgage Market Survey (PMMS) showing that mortgage interest rates are continuing to trend higher. Click here for current mortgage interest rates in greater Seattle and beyond.
Mortgage Master Service Corporation on the radio
September 17, 2018 by Leave a Comment
You may have noticed hearing “Mortgage Master Service Corporation” mentioned on the radio lately. This is because Mortgage Master Service Corporation has recently welcomed Laura Kiel (MLO54744) and family to join our company. Not only do they advertise on the radio, her team also host weekly radio shows. I’m still surprised when I listen to the radio and hear an ad that mentions our company name. [Read more…]
King County Property Tax Valuation Notice
September 5, 2018 by Leave a Comment
Did you receive your “Official Property Value Notice” over the weekend? Let’s just say that I’m not surprised to see how much our values have gone up…although, in my opinion, I think the 2018 assessed value of my home is higher than what I could most likely sell it for. [Read more…]
Mortgage rates bumping along
August 30, 2018 by Leave a Comment
Freddie Mac’s weekly report on mortgage rates, the Prime Mortgage Market Survey (aka PMMS) which shows what mortgage rates averaged last week, shows that rates bumped slightly higher. Remember, mortgage rates change constantly as they are based on bonds (mortgage backed securities). Rates posted are subject to change and, since this is an average from last week, they already have changed. This report is just intended to provide an idea of the direction of where mortgage rates have been and where they may be heading. If you would like current rates for your personal scenario, please contact me.
BREAKING NEWS: Higher Income Limits for Down Payment Assistance Mortgages
August 28, 2018 by Leave a Comment
The Washington State Housing Finance Commission has just announced they are increasing the income limits on all of their Home Advantage mortgage programs. The income limits are being increased effective immediately from $97,000 to $145,000! [Read more…]
Should you work with a local lender?
August 10, 2018 by Leave a Comment
The other day, while on Facebook, I came across a stat that my friend and real estate educator, Jillayne Schlicke had posted in response which surprised me. Her comment was in response to an article she had shared on Zillow acquiring a mortgage company that has licenses in all 50 states.
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