Seattle Mortgage Reel Breaking News: U.S. Treasury is stating that the debt ceiling of $13.3 trillion will be reached no later than May 16, 2011. This has pressured rates higher for a mid-day price change. Rates will be more volatile to news like this because of the lack of other economic data and auctions this […]
FHA Should Make It Harder To Borrow?
FHA Home Loans have helped home buyers with minimal down loans with income and asset verifications. Is the down payment requirement going to increase?
Seattle 1st Time Home Buyers Given $8,000 For A Down Payment?
For the housing market, it’s the equivalent of financial alchemy, and it’s hot: Turning the $8,000 federal home-purchase tax credit, which normally isn’t spendable until after you’ve gotten your refund, into immediate, hard cash today, available for your down payment and closing costs.