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Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes
Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes: Buyers, Sellers, Investors and Refinancing all affected by the newest changes just rolled out by Fannie Mae & Freddie Mac. How does this affect you? Can this really cost thousands? How much more will it cost me? Are there other options? […]
Seattle Real Estate Market gets national air-time by Diana Olick, CNBC Special
Diana Olick, Home Realty Check on CNBC, travels to Seattle to do a live report on what unique opportunities we have to offer. “Seattle DOES NOT Rank in the top 100 cities for foreclosure” The current Median Home Price has declined from $365,000 to $285,000 $285,000 $365,000 Median Home Price, Unemployment at 8.8% under the […]
Seattle Real Estate gets Air-Time from Diana Olick, CNBC, Realty Check
Diana Olick, CNBC’s, Reatly Check host will be covering five cities in the United States starting today. Seattle will be covered on Wednesday. We will host the video ASAP. It will be interesting to hear her comments as she has been “bearish” on our market, BUT with Boeing’s recent Big Win may change her tune. […]
FHA Increases the Annual MIP on April 18, 2011
To follow the established rules for the required reserve requirement of the Mutual Insurance Fund, FHA will increase the annual mortgage insurance premium (MIP). The increase of .25% (25bp) was announced. To avoid this increase you must have your case number assigned on or before April 14, 2011. FHA recently increased the annual MIP to […]
Seattle Real Estate Housing Inventory
Seattle Real Estate is one of the few metropolitan cities that have seen a decrease in the number of homes listed for sale. A percentage of these homes sold with today’s historically low mortgage rates and some homeowners have taken homes off the market.
Seattle & Bellevue home owners brace for “The Long Haul: the U.S. Economy”
IF AMERICA’S ECONOMIC LANDSCAPE seems suddenly alien and hostile to many citizens, there is good reason: they have never seen anything like it. Nothing in memory has prepared consumers for such turbulent, epochal change, the sort of upheaval that happens once in 50 years. That may explain why so many voter polls, taken as the […]
Unlocking the Mystery of Seattle Home Ownership
Seattle & Bellevue Home Buyers be prepared to unlock the mystery of “How much can I afford?” The Mortgage Reel breaks down the numbers and answers questions to empower buyers.
U.S. House Backs Homebuyer Tax Credit Extension
Extension of the Homebuyer Tax Credit has been approved by the US House of Representatives and is up for vote with the Senate. The deadline will be moved to September 30, 2010.
Seattle Real Estate Alert! Fannie Mae Announcement
Fannie Mae announced on May 27th 2010 that it will no longer purchase loans on bank owned foreclosed properties with a “Right of Redemption”. What is the “Statutory Right of Redemption”? The Statutory right of redemption is the legal right afforded to foreclosed borrowers that gives them the right AFTER the foreclosure to reclaim the […]