Archive for Mortgage

First-Time Homebuyer’s Guide: Navigating the Path to Homeownership

Buying your first home is an exciting milestone, but it can also be a complex and daunting process. EducateHomeBuyers.org free classes will help you navigate the journey from saving for a down payment to closing on your dream home.

Understanding

Top 5 Things Every First-Time Home Buyer Should Know in Washington State

Buying your first home is an exciting milestone, but it can also feel overwhelming, especially when navigating through all the information and financial decisions. Fortunately, first-time home buyers in Washington State have access to a variety of resources and assistance …

8 Signs You’re Ready to Buy a House

Do you frequently find yourself wondering whether to keep renting or buy a home, or asking yourself, “Am I ready to buy a house?” Here are eight signs that you’re ready to make the switch from renter to homeowner.In front of their first home purchase

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How Does the Fed’s Lowering Short-Term Rates Impact Mortgage Rates

I get asked if I think the news and our industry puts too much emphasis on what the Federal Reserve is doing, and its being able to control inflation. In a word, my answer is yes. The Fed has a …

3 Benefits of Home Buyer Education

I remember buying my first home on an FHA loan at 12.5%, but times have changed and I hope we do not go back to the interest rates of the 80’s. It is hard to forget the excitement of owning …

The Ultimate Guide to Buying Your First Home

Buying your first home is an exciting journey, but it can also be a complex process. As a seasoned loan officer with thirty years of experience, I understand the importance of guiding first-time homebuyers through this significant milestone. In this …

Purchase Agreement Contingencies You Should Never Remove When Buying a House

With inventory low and high competition for homes in the lower price points we know it can be difficult going up against other buyers with more down payment right now.

This demand means buyers are going to great lengths to …

PMI is Good for First-Time Buyers and Housing Finance System

Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median net worth of …

Preparing to buy: 8 things to consider before purchasing a home

Whether it’s your first time buying a home or you’ve done it many times before, there are always unexpected hurdles and things we wish we’d known sooner. The experience of buying a home can vary greatly depending on market conditions, …

4 Real Reasons We Buy A Home

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful ones.

The idea and feeling of a home can mean different things to different people. …