home financing

buying a home, condo financing, condominium speciaist, home financing, home loans, mortgage interest rates, Robin Myers/Condo Specialist

Mortgage Interest Rate Buydowns

If you’re thinking about buying a home, the good news is mortgage interest rates continue to decline. Rates are in the low 6% range compared to over 7% a few months ago. There are ways to lower the mortgage interest rate even more with a temporary or permanent mortgage buydown, but there are pros and cons. […]
buying a home, condominium speciaist, condominiums, home financing, home loans, mortgage, selling a home, Windermere

Increased Conforming Loan Limits Will Benefit Buyers

Conforming home loan limits are tied to local home prices. Each year the Federal Housing Finance Agency (FHFA) evaluates home values nationwide and adjusts the conforming loan limits for each state and each county within each state. FHFA also establishes higher conforming loan limits for areas deemed to be “high cost areas” based on local […]
buying a home, home financing, home safety, online security, security, selling a home, Windermere Real Estate

Summertime – Must Be Time to Go “Phishing”

Over the past week I’ve suddenly received several phone and email “phishing” solicitations. I’d like to blame it on a full moon, but that was nearly three weeks ago. I’ve been contacted twice and advised my Amazon account had been locked due to suspicious activity. Two different people have called to tell me a credit […]
buying a home, condominium speciaist, home financing, mortgage interest rates, real estate, refinancing a home

The Impact of COVID-19 on 30 Year Mortgage Rates

Windermere’s Chief Economist Matthew Gardner provides his insight on mortgage interest rates, how those rates are set and what we might expect in the coming weeks and months with regard to conforming and jumbo loan financing.

buying a home Mortgage Interest Rate Buydowns If you’re thinking about buying a home, the good news is mortgage interest rates continue to decline. Rates are in the low 6% range compared to over 7% a few months ago. There are ways to lower the mortgage interest rate even more with a temporary or permanent mortgage buydown, but there are pros and cons. […]

buying a home Increased Conforming Loan Limits Will Benefit Buyers Conforming home loan limits are tied to local home prices. Each year the Federal Housing Finance Agency (FHFA) evaluates home values nationwide and adjusts the conforming loan limits for each state and each county within each state. FHFA also establishes higher conforming loan limits for areas deemed to be “high cost areas” based on local […]

buying a home Summertime – Must Be Time to Go “Phishing” Over the past week I’ve suddenly received several phone and email “phishing” solicitations. I’d like to blame it on a full moon, but that was nearly three weeks ago. I’ve been contacted twice and advised my Amazon account had been locked due to suspicious activity. Two different people have called to tell me a credit […]

buying a home The Impact of COVID-19 on 30 Year Mortgage Rates Windermere’s Chief Economist Matthew Gardner provides his insight on mortgage interest rates, how those rates are set and what we might expect in the coming weeks and months with regard to conforming and jumbo loan financing.

Bellevue Eastside Condo Sales Activity As was true across the Puget Sound region, the inventory of available houses and condos for sale on the Eastside dropped dramatically in November. the median sales price was $900,000, up 2% over last year 20% of those homes sold above list price 45% of the homes sold in 15 days or less the Eastside […]

condo financing NEW FHA GUIDELINES OPEN OPPORTUNITIES FOR HOME BUYERS Condominiums are an important part of the housing market, especially for first time buyers. Often buyers have the income and credit score needed to purchase a home but lack a substantial down payment which can make entering the housing market prohibitive. In an effort to promote affordable homeownership for credit worthy buyers, the […]

condo financing NEW FHA LOAN GUIDELINES FOR CONDOMINIUMS BENEFIT BUYERS Condominiums are an important part of the housing market for first time buyers. Too often buyers have the income and credit score needed to purchase a home but lack an adequate down payment which can make entering the housing market prohibitive. In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first […]

carbon monoxide alarms WA State Requirements When Selling a Home This time of year buying or selling a home goes on the back burner while people focus on the holidays, family and friends. Locally real estate tends to take a break until our “spring” market ramps up in late January. When preparing a home for sale there’s a typical “to do” list that includes organizing […]