ARCHIVED BLOG POSTS
2010
Congress voted to extend the current higher Fannie/Freddie limits through next year so the Kitsap County limit remains at $417,000 and the Conforming Jumbo remains at $475,000. It was tacked on to legislation the President is expected to sign. By legislation, loan limits are based on a survey of ...
09/30/2010
FROM A NEWS RELEASE ISSUED TODAY, MONDAY, SEPT. 27, 2010 Sterling Financial Corporation (NASDAQ:STSA), the bank holding company of Sterling Savings Bank (and formerly Golf Savings) today announced that its regulators at the Federal Deposit Insurance Corporation (FDIC) and Washington Department of...
09/27/2010
Fannie Mae is adding some VERY attractive incentives to real estate profssionals and home buyers of its HomePath properties. For HomePath properties sold on or after 09/23/2010, Fannie will give buyers up to 3.5% in closing cost credits plus throw in a home warranty. Realtors need to include the ...
09/27/2010
Here is are two side-by-side charts that help make the case that now is the the to buy a home. The chart on the left shows the pattern of falling interest rates to all-time lows, from the year 2000 to August 2010 where the average rate for a 30 year fixed rate low dropped to a record low 4.43%. ...
09/17/2010
DEADLINE TO APPLY IS OCT. 20TH, 2010 - See www.biparksfoundation.org for details under "GRANTS" Bainbridge Island Parks Foundation is now accepting applications for our annual grant funding awards. To be eligible for a grant, groups and projects must meet the mission criteria of the Foundation. ...
09/15/2010
I attended a conference early this week with a mortgage expert who closely track mortgage interest rates movements daily. He broke down the numbers as to why banks have little motivation to make more loans for small business, commercial real estate, etc. He argues that as long as the Fed keeps r...
09/12/2010
Today's jobs report from the US Dept. of Labor (Fri., Sept 3, 2010) sent the stock market rallying in early trading, because private employers created "more jobs than expected:" a whopping 67,000 new jobs versus an anticipated 41,000. But wait, the day before ADP reported private employers cut 10...
09/03/2010
