What I’m seeing: 30 yr fixed rates at 5.25%. 15 yr fixed at 4.75% If you are considering refinancing, call your loan officer. Although our office is in escrow, not lending, we work with many resources for lending. If you don’t have a resource or would like to at least do shopping comparisons, please let…
Category: News
News, current events, etc.
Looking under the hood: How to save yourself aggravation and money when refinancing or purchasing.
Our fellow blogger colleague “Peckhammer” will get credit for this post whether Peckhammer intended for that to happen or not. Hat tip to him/her for inspiring this post. Regarding consumers capacity to understand loan documents, Peckhammer remarked : “The loan documents they signed could have been reviewed by an attorney and explained if there were…
State Legislature wants to “help people… get into a home.”
As 2008 gets rolling, your lawmakers are getting back to the business of budgets and lawmaking in Olympia. Of course, with this being an election year you can expect to hear a lot of talk about “doing something” to address the latest hot issues that are on everyone’s mind. So what is one of the…
Hedging Real Estate
This has been on my mind for a while: Two ways to hedge against or reduce the potential for problems in a tough market, today and for the future. #1) Buy something that you can improve. Not a disaster, but a home that is priced right for the condition of the home. If you are…
Rates below 5.5% 30 yr fixed.
Quick Note: If you are thinking long in this real estate market, this is an exceptional time to consider a purchase or refinance with rates this sweet. The motivation level is rising among many selling. Contact your loan officer or me for suggestions for lending professionals (no obligation of course). I have no ownership stake…