In a previous blog article, we talked about the importance of credit scores when it comes to qualifying for a mortgage loan. In short, Washington State home buyers and homeowners who want to qualify for financing need to have a…
In a previous blog post, we discussed some of the different types of mortgage loans available to home buyers and homeowners in Washington. Today, we'll zero in on the key distinctions between 15-year and 30-year fixed-rate mortgage products. Here's an…
The Portland, Oregon metro area continues to attract new residents from elsewhere in the state, and from across the country. Portland boasts a strong economy, a unique culture, natural beauty, and other factors the make it attractive. But which neighborhoods…
A recent forecast suggests that the real estate markets in Seattle, Bellingham and Kennewick could see the largest home-price gains of any metro area between now and March 2019. At the end of March 2018, Veros Real Estate Solutions published…
The Tidewater process is an extra step that sometimes occurs with VA home appraisals. It is used in cases where the property appraises below the contract purchase price. Tidewater gives the VA-approved appraiser a way to request additional information that…
With home prices rising steadily in Portland, Oregon, more and more home buyers are turning to jumbo loans to finance their purchase. But what's considered a jumbo loan in Portland, in 2018? And how do they differ from "regular" mortgages.…
The 30-year fixed-rate mortgage loan is still the most popular financing option among home buyers and homeowners in Washington State. But recent reports show that the adjustable-rate mortgage (ARM) loan has risen in popularity during the first three months of…
Previously, we explained how some housing analysts and economists are making bold predictions for the Washington State real estate market through 2018 and into 2019. Home prices in the area are expected to outpace the national average over the coming…
Mortgage rates in Washington State and nationwide have leveled off a bit over the last few weeks, following a sharp upward climb that started back in January. Home prices, on the other hand, are still rising steadily in most parts…
The VA home loan program offers unique benefits to eligible home buyers in Washington State. VA loans allow qualified military members and veterans to buy a house in Washington with no money down, and often without mortgage insurance. Additionally, it's…