Helpful Hints provided by CU Mortgage Division of Lacey Washington.
June marks the 16th straight month the filings topped 300,000. 1 in every 411 U.S. homes received some form of notice last month with foreclosure density varying wildly from state-to-state. Like everything else in real estate, it seems, foreclosures are a local phenomenon.
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Tags: Buying a Home, CU Mortgage Division Lacey Washington Mortgage Lender, Existing Home Sales, Foreclosures, Lacey Washington Real Estate Lender, real estate, real estate loans, RealtyTrac, tumwater real estate lender
Posted in Daily Mortgage News, Helpful Hints, Home Sales Data | No Comments »
Conforming mortgage rates may be posting all-time lows this week, but that doesn't mean you'll be eligible for them. You may have already called your loan officer and found this out the hard way. It's because of a federally-mandated mortgage-pricing scheme known as "loan-level pricing adjustments".
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Tags: Buying a Home, CU Mortgage Division Lacey Washington Mortgage Lender, Fannie Mae, Interest Rates, LLPA, mortgage interest rates, Mortgage Rates, Risk-Based Pricing, Tumwater Mortgage Lender, William Tuning
Posted in Daily Mortgage News, Helpful Hints, Interest Rates | No Comments »
Morning television can be "light", but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice.
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Tags: CU Mortgage, Lacey Washington Mortgage Lender, Suze Orman, The Today Show, William Tuning
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Contrary to what you may have read (or heard), the federal home buyer tax credit has not been extended past June 30, 2010. At least not yet.
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Tags: Bill, Buying a Home, Credit Union Mortgage Division, CU Mortgage Division Lacey Washington Mortgage Lender, First-Time Home Buyer Tax Credit, Lacey Washington Real Estate Lender, Olympia Home Loan Lender, Tax Credit, tumwater real estate lender, William Tuning
Posted in Daily Mortgage News, Helpful Hints, Home Sales Data | No Comments »
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.
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Tags: Buying a Home, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, Fannie Mae, Interest Only Mortgage, Lacey Washington Mortgage Lender, Mortgage Guidelines, real estate loans, William Tuning
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In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers.
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Tags: Buying a Home, Credit Union Mortgage Division, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, FHA Mortgages, Lacey Mortgage Lender, MIP, Olympia Home Loan Lender, William Tuning
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A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage.
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Tags: Buying a Home, Credit Repull, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, Fannie Mae, Lacey Washington Mortgage Lender, Lacey Washington Real Estate Lender, LQI, Mortgage Guidelines, mortgage interest rates, Mortgage Rates, Tumwater Washington Mortgage Lender, William Tuning
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In May 2010, Retail Sales at non-store retailers -- a category that includes Amazon and eBay -- topped $29 billion, up 16 percent from May 2009. Clearly, Americans are doing an increasing amount of shopping online. But how well are we protecting our identities?
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Tags: Fraud Prevention, The Today Show
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If you want to buy a home for yourself, by taking out a mortgage loan, you need to choose the right mortgage lender. Choosing the right mortgage lender is not less important than choosing the right house for you. Just like you have done in choosing your house, you should shop around for the best lender...
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Tags: Buying a Home, choosing a mortgage lender, Choosing a Trusted Mortgage Lender or Loan Officer, Finding a Loan Officer, first mortgage loans, MortgageFit, real estate loans, Samantha Taylor
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As lenders tighten mortgage guidelines, minimum downpayment requirements are increasing. It's leading to an increase in the number of buyers accepting cash gifts from family. There's a right and wrong way to accept a gift.
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Tags: Buying a Home, Cash Gifts, Credit Union Mortgage Division, CU Mortgage Division, CU Mortgage Division Lacey Washington Mortgage Lender, Gift Letter, Lacey Washington Mortgage Lender, Tumwater Mortgage Lender, William Tuning
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