2013 Mortgage Loan Limits for King County

rate changes

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: […]

Rates for Friday Morning

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score of 740 or higher, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 single family dwelling (non condo).  This scenario includes reserves (taxes […]

Friday’s Rates

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score of 740 or higher, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 single family dwelling (non condo).  This scenario includes reserves (taxes […]

Friday’s Rain City Rates

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score of 740 or higher, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 single family dwelling (non condo).  This scenario includes reserves (taxes […]

Friday’s Rates

 Note:  I was contacted by DFI earlier this week regarding pricing my rates with “1 point”.   For clarification, unless otherwise noted, when I say the rate is priced with 1 point, I’m disclosing the 1 point (one percent of the loan amount) on line 801 since odds are, I am not brokering the mortgage.  (I work for a […]

Friday’s Rates following the Jobs Report

Mortgage rates are still low but climbing quickly.  This morning’s Job’s Report was better than expected reporting “only 345,000″ jobs lost instead of the anticipated loss of 504,000 jobs.  However the real figure to pay attention to is our unemployment rate of 9.2%.    With the stock market continuing to improve and the better than expected […]

Friday’s Rates

The video was recorded this morning…we didn’t see as many rate sheets as we did yesterday.   Rates over all have been fairly steady…in fact, Aubrey Cohen of the Seattle P-I wonders if mortgage rates found a floor at 4.5%.   Happy Memorial Day. Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below […]

Mortgage Rates before Friday

I know…I’m breaking tradition for this post since I normally provide you with rates on Friday afternoons at Rain City Guide.  However, tomorrow I’m going to be at the Washington Real Estate Summit at Emerald Downs.   If you’re interested in attending this event, you can sign up today or pay more at the door.    Conforming Mortgage Rates (loan amounts […]

Friday’s Rates

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score of 740 or higher, “full doc” purchase with a sales price of $500,000 and a loan amount of $400,000 single family dwelling (non condo).  This scenario includes reserves (taxes […]

Today Could be a Doozy for Mortgage Rates

Here’s whats cued up for today: any moment Treasury Secretary Geithner will unveil his plan on what to do with the remaining TARP funds. 9:00am PST the Senate is scheduled to vote on the latest stimulus package. 10:00am PST Federal Reserve Chairman Ben Bernanke will be speaking to the House Financial Services Committee. 10:00 am PST […]