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Posted in Blog on August 11, 2009

Own Your Home Years Sooner! (seriously?)

I was at this REAPS meeting in Kirkland, WA and the speaker was Harj Gill.  Initially I was skeptical that anything like this could work but after hearing testimonials and listening to Harj speak it became more believable.  I had heard of systems where people pay their homes of ... Continue Reading

Posted in Blog on August 10, 2009

Changes to the Truth in Lending Act (TILA), What y ...

Regulation Z of The Truth in Lending Act (TILA) has undergone important changes that you need to know about when talking to your clients. These changes take effect for all new applications taken on July 30, 2009 and after, apply to ALL types of mortgage loans in ALL 50 states plu ... Continue Reading

Posted in Blog on August 2, 2009

New-Home Sales Rise 11 Percent In June

July 27, 2009 – Sales of newly built, single-family homes rose 11 percent in June to a seasonally adjusted annual rate of 384,000 units, according to U.S. Commerce Department numbers released today. Coming on the heels of an upwardly revised number for May, the gain marks a ... Continue Reading

Posted in Blog on August 1, 2009

Federal Housing Finance Agency Reports Mortgage In ...

Washington, DC – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 24 basis points to 5.12 percent in June. The average interest rate on 15-year, fixed-rate loans of ... Continue Reading

Posted in Blog on July 29, 2009

New home sales soar in June

MSNBC.com Largest monthly increase in more than eight years, Commerce Dept. says BREAKING NEWS The Associated Press updated 9:37 a.m. CT, Mon., July 27, 2009 WASHINGTON – New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the ... Continue Reading

Posted in Blog on July 27, 2009

New home sales soar in June

MSNBC.com New home sales soar in June Largest monthly increase in more than eight years, Commerce Dept. says BREAKING NEWS The Associated Press updated 9:37 a.m. CT, Mon., July 27, 2009 WASHINGTON – New U.S. home sales rose by the largest amount in more than eight ye ... Continue Reading

Posted in Blog on July 4, 2009

10 Best and Ten Worst Housing Markets

Tacoma is #1 and  a few Ohio cities are in the top 10! While the national median home price is not expected to climb much, if at all, in the next few years, there will be lots of movement at the local level. Some markets are poised to do quite nicely — others will tank. Based ... Continue Reading

Posted in Blog on July 3, 2009

Fannie Mae/Freddie Mac Get OK on 125% LTV

Fannie Mae and Freddie Mac have received the green light from their regulator to refinance underwater homeowners with loan-to value ratios as high as 125%.  The special refinancing plan that Obama administration officials unveiled in February limited the refinancing option to lo ... Continue Reading

Posted in Blog on June 17, 2009

First-Time Homebuyers Have Several Options to Maxi ...

WASHINGTON — As part of the Treasury Department’s consumer outreach effort and with the April 15 individual tax filing deadline approaching, the Internal Revenue Service today began a concerted effort to educate taxpayers about additional options at their disposal to claim th ... Continue Reading

Posted in Blog on June 15, 2009

Zillow Market Place; Get instant mortgage quotes

Zillow is a great site and very easy to use.  From looking at the value of your home to finding out what mortgage rates are, this site is for you.  You’ve gotta check it out, once you do you will be hooked!  Zillow.com Continue Reading