According to a recent report by Mortgage Bankers Association (MBA), access to jumbo mortgage loan financing has increased during the summer of 2018. In and around Seattle, jumbo loans have become an increasingly popular financing method due to steadily rising…
FHA loans are a popular financing option among home buyers in Washington and Oregon, two of the states we serve. In fact, first-time home buyers account for more than 80% of all FHA loan originations in the current mortgage market.…
Are you thinking about buying a home in Bellevue, Washington? If so, you'll find the following real estate market update helpful. It compiles all of the latest market data, trends and developments that are relevant to Bellevue home buyers --…
The loan-to-value ratio, or LTV, is an important concept for home buyers and homeowners in Washington State. For buyers, it can affect everything from your chances for mortgage approval to the amount you have to put down on your loan.…
Home buyers in Washington tend to have a lot of questions about the mortgage application process. This is especially true for first-time buyers who have never been through the process before. Today, we will take a close-up look at the…
For the last couple of years, Seattle has generated countless headlines due to rapid home-price growth and scant inventory. Now it's in the news for a different reason. Housing inventory in Seattle and across King County has actually increased in…
In a previous blog post, we talked about how the real estate market in Washington State could change between now and 2019. The takeaway was that home prices will almost certainly be higher next year than they are right now,…
The real estate market in Washington State has changed quite a bit over the last few years, generating a slew of headlines in local and national news. Home prices have risen steadily, while inventory had fallen short of demand. That's…
We all know that home prices in Seattle have risen significantly over the last few years. Many who live and work in the Seattle metro area have become desensitized to those kinds of headlines. So here's a fresh statistic that…
This is part of an ongoing series that explains the different types of mortgage loans used by home buyers and homeowners in Washington State. Today, we'll talk about the benefits of buying a home in Washington with a 30-year fixed-rate…