finance

G ood news on the Jumbo loan front, the first securitization since 2008 closed late this spring which may point to the beginning of a recovery in the higher price range for real estate. Until this $238 million dollar securitized deal was sold all jumbo loans had to be portfolio loans which banks are reluctant […]

A n agent in our Anacortes office received the following email from an attorney client of ours who represents an Estate, we’ll call it the Estate of John Doe, to protect the innocent/dearly departed (I knew him, he was actually “dearly”). I share this email with you for two reasons, first, it’s hilarious and well […]

Great news on the First Time Homebuyer Tax Credit plan The First Time Homebuyer Tax Credit gets you 10% of the value of the home up to$8,000! If you do not owe $8,000 in taxes, you receive the balance in cash via a check mailed directly to you. You may qualify for the first time […]

A pplications for mortgages surged 17 percent last week as lower interest rates spurred demand for both refinance and purchase loans, the Mortgage Bankers Association said in releasing the results of its Weekly Mortgage Applications Survey. Applications for refinancings were up 22.5 percent for the week ending Sept. 4, the largest increase since March, while […]