Home Buyers

A recent report from the government-sponsored mortgage buyer Freddie Mac brought good news for home buyers across Washington. Mortgage rates continued to trend downward last week, after climbing to a 15-year peak toward the end of last year. This downward trend could help improve affordability for home buyers in cities throughout Washington State. Here's what you need to know about these recent mortgage rate trends, and how they might affect you when buying a home later this year.'

Your family home is special to you, and you’ve made many memories. How about keeping those memories going for the next generation? It’s possible when you’re buying your parent's home.'

While researching the mortgage process, you might have encountered the terms "conforming" and" jumbo." To further complicate matters, you might've heard about a super jumbo mortgage loan that's available in WA State. These terms tend to confuse home buyers, especially those who are new to the mortgage process. So let's clear things up a bit.'

Don't make the mistake of using APR alone to compare mortgage offers. Learn why it's important to understand the difference between APR and interest rate.'

First-time home buyers in Washington tend to have a lot of questions about down payment requirements for a mortgage loan. One of the most common questions is, what types of funds can I use toward my down payment? In this article, we will talk about some of the acceptable sources for down payment funds, when using a mortgage loan in Washington State.'

Real estate markets across the state of Washington have reversed course over the past few months. From Seattle to Spokane, local housing markets have cooled considerably in 2024. It's almost like we've gone from a seller's to a buyer's market in no time at all. Now, as we approach the end of the year, many home buyers in Washington are looking ahead to 2023. And a lot of them are probably wondering the same thing: Will 2023 be a good time to buy a house in Washington? '