Mortgage Rates

10
Jan

Conforming Loan Limits Increase in 2018, What That Means for Seattle

Following rising house prices around the country, the Federal Housing Finance Agency has announced an increase in conforming loan limits for 2018. But what does that mean for home buyers in the Seattle area? An increase in conforming loan limits means it will be possible to secure an even larger housing loan and still conform to federal loan guidelines. Mortgage

Read more

22
Sep

Lenders Roll Out New Programs for Easier Homeownership

With no-appraisal mortgages now available, now is the best time to consider buying a new home! Learn about this news in this article.

27
Jul

7 Reasons to Refinance as Interest Rates Rise

You may want to consider refinancing now, since interest rates are on the rise and you may be able to take advantage of some benefits such as getting locked in at a lower rate.

14
Jun

Good Time to Buy or Refi: Average Mortgage Rates Drop to New Annual Low

Now is an excellent time to purchase a home or refinance your existing mortgage loan, and you could reduce your monthly mortgage payment substantially by doing so!

14
Apr

Chinese Home Buyers Flock to Seattle After Vancouver Enacts 15% Tax

A lot of different factors can affect local real estate markets. Sometimes, as in the case of Seattle right now, decisions by another municipality can impact the demand for housing and investment properties. For many years, Chinese home buyers looking to profit on the North American real estate markets have been investing in homes in a number of cities. Vancouver

Read more

3
Mar

30 Year Fixed Mortgage Rates at Three-Month Low

Mortgage rates tend to fluctuate based on a variety of social and economic factors. In late February, the average new mortgage was carrying an interest rate of 3.85 percent, which is historically a very low and favorable rate. Although the Federal Reserve has said that they intend to raise the prime interest rate in the near future, their most recent

Read more

21
Feb

Seattle is the Hottest Housing Market in the U.S. – What That Means for Homebuyers

One would have to live under a rock to not know that housing prices have been skyrocketing in certain cities across the nation over recent years. San Francisco and New York markets have seen mortgages and rents rising to unaffordable heights for many long term residents. However, other formerly hot cities have seen a slowing trend toward the end of

Read more

20
Dec

What to Expect in Seattle Real Estate in 2017

Seattle has been experiencing a stronger than average real estate market, when compared with other cities in the United States. With the Federal Reserve recently increasing the prime rate, there’s a risk of a national cool down of the real estate market. Thankfully, due to an overall population increase in the Seattle area and the rise of Seattle technology companies,

Read more

18
Oct

Fall 2016 Seattle Real Estate Market Roundup from a Local Mortgage Broker

Home prices the real estate markets in many populous cities in the western United States have been at an all-time high for several years now. Seattle was the U.S.’s fastest-climbing housing market in August of this year, according to Redfin. And it’s still rising. In September, median home prices in and around Seattle rose 10.3 percent to $630,000, from last

Read more

20
Jul

How the Post-Brexit Economy is Shaping Your Mortgage Rates

It’s been nearly a month since news of the EU Referendum decision began to rock global headlines. Along with its impending departure from the European Union, the UK will also forfeit the trade and investment opportunities presented by its previous access to the EU’s open markets. This is expected to shake up not only the economic climate across the pond,

Read more