Helpful Hints

Helpful Hints provided by CU Mortgage Division of Lacey Washington.

Foreclosure Activity Slows Again In June 2010

Foreclosure Activity Slows Again In June 2010

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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Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate

Mandatory Loan Fees Keep Borrowers From Getting Their Absolute Lowest Rate

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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Household Finances : Which Bills Should I Pay First?

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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Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

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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Shopping And Paying Bills Online? Here’s Methods To Protect Your Online Financial Identity

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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Why should you opt for a trusted mortgage lender? – by Samantha Taylor

May 21, 2010
By Samantha Taylor

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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The Right Way To Take A Cash Gift For Downpayment

The Right Way To Take A Cash Gift For Downpayment

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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