Archive for the News Category

Distressed Property Law Changes Pass the Legislature

Jillayne Schlicke on 03 19, 2009 | 4 Comments

Proposed changes to the Distressed Property Law have passed both branches of the Washington State Legislature and the bill is headed to Governor Gregoire's desk for her signature.  You can read the

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FOMC leaves rates unchanged

Rhonda Porter on 03 18, 2009 | 5 Comments

There's really nowhere to go but up with the target Fed Funds rate.   From the Press release: "To provide greater support to mortgage lending and housing markets, the Committee decided today to in

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Dow dips below 7,000

ARDELL on 03 2, 2009 | 91 Comments

Dow dips below 7,000

It's an historic event that takes us back to 1997.  Below is a chart showing the history of the DJIA from 1929 to present, courtesy of msn money central. the first thing I look at every morning when

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Mortgage Interest Tax Deduction Limits, What Would Happen if Rents Cliff Dive, the Black Hole that is AIG, and Bank Nationalization

Jillayne Schlicke on 02 26, 2009 | 65 Comments

Today was a busy news day! President Obama administration’s 2010 budget proposes to limit the mortgage deductions on “higher income” households defined as making $208,850. per year. Quoting

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