Helpful Hints provided by CU Mortgage Division of Lacey Washington.
In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of "move-up" buyers -- homeowners that have owned and lived in their home for 5 of the last 8 years. The credit ranges up to $8,000 per buyer. There's now just 7 weeks left to take...
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Tags: Buying a Home, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, first mortgage loans, First-Time Home Buyer Tax Credit, IRS, Lacey Washington Mortgage Lender, Lacey Washington Real Estate Lender, Market Predictions, Olympia Home Loan Lender, Tax Credit, tumwater real estate lender, William Tuning
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Although the newspapers reported mortgage rates down last week, they weren't. Conforming mortgage rates were higher by at least 1/8 percent, or roughly $11 per $100,000 borrowed per month. In some cases, rates were up by even more.
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Tags: Buying a Home, Credit Union Mortgage Division, CU Mortgage, Freddie Mac PMMS, Interest Rates, mortgage interest rates, Mortgage Rates, tumwater real estate lender, William Tuning
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Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high. The real story is something different.
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Tags: Buying a Home, Credit Union Mortgage Division, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, Headlines, Housing Starts, Lacey Washington Mortgage Lender, Olympia Home Loan Lender, real estate loans, Tumwater Mortgage Lender, William Tuning
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The Fed Minutes is a follow-up document, delivered 3 weeks after an official FOMC meeting. It's a companion piece to the post-meeting press release, detailing the debates and discussions that shaped our central bankers' policy decisions. The Minutes is a terrific look into the Fed's collective mind and, yesterday, Wall Street didn't like what...
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Tags: Buying a Home, CU Mortgage Division Lacey Washington Mortgage Lender, first mortgage loans, FOMC, Interest Rates, Lacey Washington Mortgage Lender, mortgage interest rates, Mortgage Rates, Olympia Home Loan Lender, Tumwater Mortgage Lender, William Tuning
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According to the Census Bureau, 2.8 million people commute to work 90 minutes or more each day, in each direction. Now, your daily commute may not be as long, but time spent in cars, trains and buses is time away from work and from family.
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Tags: Commute, CU Mortgage, CU Mortgage Division Lacey Washington Mortgage Lender, Forbes, Lacey Washington Real Estate Lender, William Tuning
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In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The shift is meant to both reduce the government group's portfolio risk while strengthening its overall financials. For consumers, the changes mean higher costs.
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Tags: Buying a Home, CU Mortgage Division, FHA, FHA Mortgage Loans, First-Time Home Buyer Tax Credit, Lacey Mortgage Lender, MIP, Mortgage Guidelines, real estate loans
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November 6, 2009, Congress voted to extend and expand the First-Time Home Buyer Tax Credit program. There's 100 days left to claim it.
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Tags: Buying a Home, First-Time Home Buyer Tax Credit, IRS, Lacey Mortgage Lender, mortgage lender, real estate, Tax Credit, William Tuning
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IRS Video – On How to Claim Home Buyer Tax Credit
WASHINGTON — The Internal Revenue Service today released the new form that eligible homebuyers need to claim the first-time homebuyer credit this tax season and announced processing of those tax returns will begin in mid-February. The IRS also announced new documentation requirements to deter...
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Tags: Buying a Home, first mortgage loans, First Time Home Buyer, First-Time Home Buyer Tax Credit, IRS, Lacey Mortgage Lender, real estate loans, William Tuning
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Qualifying for a reverse mortgage is often easier than qualifying for a traditional mortgage. If you fail to qualify for a traditional mortgage but you meet the requirements of a reverse mortgage, you can take advantage of the benefits offered by the same. Let us find out how different it is to qualify for...
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Tags: Jessica Bennett, Mortgage Qualification, Reverse Mortgages
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Median Home pricing in our area is nearing or has hit an all time low that we have not seen in many years. Affordable homes are selling and many buyers are taking advantage of the huge Tax Credits that are being offered through the end of April 2010.
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Tags: Buying a Home, CU Mortgage Division, First-Time Home Buyer Tax Credit, home sales, Home Sales Data, Olympia Home Loan Lender, real estate, tumwater real estate lender, William Tuning
Posted in Daily Mortgage News, Helpful Hints, Home Sales Data | No Comments »