Subject: Need Your Help…Making Home Affordable Program

Rhonda Porter on 11 12, 2009 | 29 Comments

I get a lot of emails from people who are looking for some help with their mortgage needs from the articles I write here and on my mortgage blog.   I just heard back from a reader today who I've been having an email dialogue with since March.  He contacted me after reading a post I had written with the subject line:  "Need Your Help...Making Home Affordable Program".   I as…

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Seattle: Characters Welcome…

ARDELL on 11 12, 2009 | 19 Comments

Seattle: Characters Welcome...

Have been seeing this man walking around with no shirt on through rain and cold and...for about a week now. My guess is he is in training for the annual Polar Bear Plunge. …

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Seattle Homes – An Eclectic Sampling

ARDELL on 11 11, 2009 | 4 Comments

Took a walk over to Green Lake today and snapped a few pics of a random sampling of Seattle Homes. …

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The Unintended Consequences of Growth Management

Chuck on 11 11, 2009 | 14 Comments

A recent interview with Cato Institute Senior Fellow Randal O'Toole brings to light another significant factor in our greater Seattle housing market's recent run up and fall down - the effect of our state growth management and local urban planning regulations on the price of housing and the creation of the shortage mentality in buyers during that period.   Here is a link to the article, courtesy of Realty Times: http://realtytimes.com/rtpages/20091105_restrictive.htm In essence, the Cato Institute study found that the bubble wasn't really national, it was mostly confined to about a do…

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Friday’s Rates following the Jobs Report

Rhonda Porter on 11 6, 2009 | 2 Comments

This is the first Friday of the month and if you've been reading my rate post for a while, you know this means that The Jobs Report was released this morning.   The data from the Jobs Report revealed worse than expected data with unemployment at 10.2%  and 190,000 non-farm payroll jobs lost in October.   We now have the highest unemployment since 1983.   Those employed also face cutbacks--the average workweek for October was reported at a record low 33 hours.    Bad news for the economy tends to translate to improved mortgage rates as investors seek the safety of bonds, such as mor…

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