The Obama Administrations details of the “Making Home Affordable Program.”
Citi: Mortgage break to unemployed
The bank will lower mortgage payments for three months and waive fees for certain unemployed borrowers.
Make the most of a rare refinance opportunity
Details of the Obama Administration’s plan is posted online, but March 4th is the official release date.
Are you waiting to refinance? Higher loan fees on the way
It’s not what homebuyers, sellers and refinancers want to hear, but they need to know: Both Fannie Mae and Freddie Mac are increasing mandatory fees and toughening credit-score and down-payment rules as of April 1.
Fannie Mae to relax rules on refinances
Local Seattle home owners may receive a break for refinance qualification from Fannie Mae.
How much should Seattle homeowners pay for a low mortgage rate?
Seattle Mortgage Reel provides a easy to understand presentation on how to maximize home owners closing costs to secure the best rate on a 30 year fixed conventional mortgage.
No Down Payment Options May Be Available For Your Next Home Purchase
USDA home loans are 100% financed back by the Government. Under the terms, the borrower may borrow up to 100% of the appraised value of the home, which can possibly eliminate the need for a down payment.
Do You Have A 2nd Mortgage?
Banks are restructuring 2nd mortgages (Home Equity Line of Credit – HELOC) for current home owners in Washington. A decrease in home values in certain cities has the banks decreasing the available credit on HELOCS. Depending on your goal for the HELOC, take action before the bank does.
Do you pay homeowners association dues??
Your homeowners association can lose money if a neighbor goes into foreclosure. Find out how this can potentially impact you and if the homeowners association will require you to pay more.
Homeowner Tax Breaks
As a home owner understanding the tax benefits is huge. Deducting points paid, interest paid, and property tax can benefit you.