The Death of Mortgage Blogs

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There is a buzz going on among fellow mortgage bloggers about how days may be numbered for mortgage blogs. This is as a largely the result of guidance issued by federal regulators late last year specifically on social media. When I first read this guidance, my initial response was “so what? This is pretty much […]

Lower Conforming Loan Limits

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Back on December 12th, Rhonda posted that FHA etc Loan Limits would be coming down to the same level as previously lowered conventional rates. This came up in a recent discussion I was having with a client and thought the news, which I believe became effective 1/1/2014, should be highlighted a little better, as this […]

2014 Conforming and FHA Loan Limits for Greater Seattle

Conforming and FHA loan limits for 2014 have recently been released. Conforming loan limits will remain the same as 2013. However, FHA loan limits are being lowered in 2014 from $567,500 to $506,000 for a single family dwelling.  The 2014 FHA loan limits are effective with case numbers obtained January 1, 2014 through December 31, […]

Home Buyer Education Seminars

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I am teaching two Home Buyer Education Classes this month sponsored by the Washington State Housing Finance Commission.  Anyone who is interested in buying a home can attend – our class is not limited to first time home buyers. Home buyers who are interested in programs offered through the Washington State Housing Finance Commission, such […]

2013 Mortgage Loan Limits for King County

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The 2013 mortgage loan limits for the  greater Seattle area are for the most part, the same as 2012.  The following loan limits apply for homes located in King, Snohomish or Pierce Counties. Conforming: 1 Unit: $506,000 2 Unit: $647,750 3 Unit: $783,000 4 Unit: $973,100 FHA: 1 Unit: $567,500 2 Unit: $726,500 3 Unit: […]

Lenders Jacking the Cost to Extend Locks

A lock extension is what is required when a loan does not close in the time frame as arranged with the original lock. Lo

2012 Conforming and FHA Loan Limits for King County

The 2012 Conforming and FHA loan limits for King, Pierce and Snohomish Counties have been announced… ready for a littl

Washington Association of Mortgage Professionals Celebrates 25 Years

Next Thursday evening, the Washington Association of Mortgage Professionals has organized a “gala event” to celebrate it

Yield Spread – A Novel

Yield Spread is a novel written by Roger Rheinheimer, who in addition to being a full time lender in Port Angeles is the

Mortgage Rates – A “volatile” market this month

Interest rates have been very volatile in June. This Poll Post on Seattle Bubble and the chart below are a good reminder