Issaquah, Bellevue, Redmond, Kent, Covington, Auburn, South King County Real Estate - Active Rain

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Education & Training - Modus Mortgage - NMLS #116235
Puget Sound Mortgage Broker devoted to providing the best mortgage info through my blog for Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton, and the entire Puget Sound region!

ARCHIVED BLOG POSTS

2011 

The housing market continues to keep experts and analysts on their toes. I assume this will pattern of uncertainty will continue for at least 2011 and partially in to 2012, with more steadiness at that time. While existing-home sales rose again in January and are outpacing year-ago levels, we are...
02/28/2011
That's right.  Smart investment money is starting to come off the sidelines as those investors recognize the value in Puget Sound real estate.  Prices have adjusted to value levels, and in some cases, way below value levels.  That brings the folks who have been sitting on the bench into the game....
02/23/2011
No news can sometimes be good news. According to the December Home Price Index, recently released by analytic firm CoreLogic, "2010 shows home prices stabilized with the average annual HPI index showing no change relative to 2009." Month over month, however, home prices were still down in Decembe...
02/22/2011
Good Morning... On Thursday, current coupon mortgages finished little changed versus swaps while both higher and lower coupon mortgages outperformed.  At the close, FNCL (30yr) 4.5s in March were +8/32 (101-03) and the FNCI (15yr) 4.0s in March were +7/32 (102-02+).  In agency swaps, Ginnie/Fanni...
02/18/2011
Borrowers and lenders should realize that there are new changes (an increase) coming to the FHA Annual Mortgage Insurance premium on April 18, 2011. If you recall, FHA recently made changes on October 4, 2010 and lowered the upfront MIP to 1% (from 2.25%) and raised the monthly MI to a factor of ...
02/15/2011
There have been many questions regarding borrowers obtaining loans with non-occupant co-borrowers. Here some basic simple guidelines for the non-occupant co-borrower on "Conventional" (Fannie Mae or Freddie Mac) loans. These do not apply to FHA loans, as they have their own rules. •·         Mini...
02/14/2011
 Measure continues effort to boost home values and accelerate resale of vacant properties In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Federal Housing Administration (FHA) Commissioner David H. Stevens today extende...
02/01/2011
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Jason Schweiger

Loan Originator: Modus Mortgage
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Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.