WE’RE OPEN, operating under a new normal.
Mortgage continues to operate daily, almost under a new normal daily from continued changes in and outside of the industry. With 29 years of financial background, 9 years in banking and 20 years as a Loan Officer here in Seattle. I am able to reflect on two decades of residential real estate finance and have direction in comparison to the Great Recession of 2007 and today.
“There is an app for that” if you have access to a tablet, smart phone, laptop or desktop, everything for a mortgage that was in person can be done via screen share and web meetings.
Questions about the mortgage rates and what impact the Corona Virus has had…. How much time do you have? What is most relevant is the actions of the Federal Reserve and how it has once again stabilized mortgage and hopefully, the housing market as well.
It is still a great time to be prepared for the uncertainty that Virus has caused by refinancing your mortgage at historical lows to improve your cashflow, manage debt and have peace of mind of the lowest payment on your largest expense, your home.
Still considering a purchase, I speak with many people who are still looking for the market to open back up so they can purchase a new home. We live and work in a region where real estate is land locked, surrounded by water and land comes at a premium based upon location. Our jobs market continues to show strength due to tech industry, even in the adversity of Boeing. Boeing not so long ago would cause tremendous pressure to the local economy and real estate market when they were challenged. Today that is not so much the case due to the strong growth of tech and job opportunities.
If you have questions we are committed to providing the answers or reaching out to our great leadership and team members within Fairway for the answers.
So much to be thankful for. The health of my family and friends. Fairway’s incredible leadership and team. To live and work in the great city of Seattle. For great partnerships, past and present clients who continue to entrust in our service and post reviews for the Mortgage Reel as the #1 5-Star reviewed lender on Yelp and Google Business in Washington state. Thank you!
Sincerely,
Keith Akada, Father, Friend and Loan Officer