December 21st, 2010
(509) 750-7587 It is still a good time to buy a home. Check out the latest information from a 2010 National Association of Realtors survey. "Americans Still Believe Buying a Home Is a Good Financial Decision NAR's eighth annual Housing Opportunity Pulse Survey reveals that nearly eight out of 10 respondents believe buying …
July 28th, 2010
Freddie Mac released these findings in Mid-July. Even though consumers know the recession has made it difficult to secure their next or current home, there are many programs that the state of Washington has provided to assist those in need. "NEW YORK (AP) — Mortgage rates fell to a record low for the fourth time in five …
July 7th, 2010
(509) 750-7587 Windermere Idaho's Mogie Holm wrote a great article regarding the homebuyer tax credit extension as follows: Late last night, the Senate passed the homebuyer tax credit extension bill, which will extend the closing date deadline until September 30. This will allow first time homebuyers who already had …
May 6th, 2010
(509) 989-3309 Mortgage applications to purchase homes rose 13 percent last week over the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey. This was the third consecutive week applications to purchase homes have increased, rising 24 percent compared …
December 16th, 2009
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.71 percent with an average 0.7 point for the week ending December 3, 2009, down from last week when it averaged 4.78 percent. One year ago, the 30-year FRM averaged 5.53 percent. The …
December 10th, 2009
Bringing the Dream of Homeownership Within Reach As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April30,2010. Expands …
December 7th, 2009
New Product For Home Owners By: Graciela Dano Are you worried about the declining home values? You can buy yourself some peace of mind. A revolutionary new product called Equity Protection, from San Francisco's Working Equity Inc. is offering to insure the value of your home so that you will not lose equity should your …
November 11th, 2009
8,000 First-time Home Buyer Tax Credit at a Glance The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. The tax credit does not have to be repaid. The …