Raving Fan for the Mortgage Reel Team!

Raving Fan for the Mortgage Reel Team!

My wife and I appreciate the great service you provided during our new home purchase.  We were always kept informed, phone calls were returned and information was explained to us in terms we could understand, not to mention the very favorable mortgage rate and fees we closed on.  You were very helpful and instrumental in making this happen. Thank you to Dave & Carrie who we assited in closing on their new home purchase.  Congratulations

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Compare Our Rates with Local Banks - Test Post

Compare Our Rates with Local Banks - Test Post

   Compare Are Daily Mortgage Rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Test post as of 9/2/10 with accurate mortgage rates Lender Rate % Points APR % Seattle Pacific

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Interest Rate Watch for Seattle & Bellevue Real Estate 9/2/10

Interest Rate Watch for Seattle & Bellevue Real Estate 9/2/10

Rates trying to hold after loosing ground from Wednesday economic report on Manufacturing.  Federal Reserve clears the rumors of another stimulus to stabilize mortgage rates will not be put in place.  Market fluctuations will be critical in securing your interest rate.  Timing will be key to securing a rate for a purchase or a refinance.  With another report being released on employment we do not forsee rates being able to move higher.

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The Break Even Point.  When is the right time to Refinance your Mortgage?

The Break Even Point. When is the right time to Refinance your Mortgage?

Mortgage Rates possibly hitting new low's.  Media saying Interest Rates will drop to 4.5%.  Are you ready to take advantage of this opportunity.  How much do you have to save on your interest rate before it makes sense?  What are your goals and is your refinance matching your goals?  TheMortgageReel.com is committed to making a difference, please watch our educational tutorial.

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Unlocking the Mystery of Seattle Home Ownership

Unlocking the Mystery of Seattle Home Ownership

Seattle & Bellevue Home Buyers be prepared to unlock the mystery of "How much can I afford?"  The Mortgage Reel breaks down the numbers and answers questions to empower buyers. The above scenario is based on the following terms: *Interest Rate 5% *APR 5.852% *Credit Mid Score 680 *This option is structured and based on the October 4, 2010 guidelines.   If you opted to buy before October 4, 2010 your monthly payment would be slightly

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FHA Upfront Mortgage Insurance Premium UFMIP increase to 2.25%

Effective for FHA loans for which the case number is assigned on or after April 5, 2010.  FHA will collect an upfront mortgage insurance premium (UFMIP) of 2.25 percent.  This policy change will increase premiums for purchase money and refinance transactions.  This includes the FHA to SHA streamline refinance. The current UFMIP is set at 1.75% of the loan amount and is typically included in the loan amount or must be paid in full at closing.Â

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In The News

Seattle Home Loan Application Questions

July 22, 2010 Current Home Owners
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Seattle home loan application questions for residential real estate. Introductory steps for Seattle real estate buyers and home owners.

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A Wave of Consolidation Is Forcing Smaller Banks to Offer Better Terms Than Ever

September 2, 2010 Today's News
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Seattle Mortgage Reel at Seattle Pacific Mortgage offers extremely competitive rates, service and education for local consumers. View the Mortgage Reel for client testimonials, daily rate updates, and more. Visit the Mortgagereel.com for daily rate comparisons as we do the rate shopping for you!!

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Raving Fan for the Mortgage Reel Team!

September 2, 2010 Today's News
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My wife and I appreciate the great service you provided during our new home purchase.  We were always kept informed, phone calls were returned and information was explained to us in terms we could understand, not to mention the very favorable mortgage rate and fees we closed on.  You were very helpful and instrumental in making [...]

Read the full article →

Interest Rate Watch for Seattle & Bellevue Real Estate 9/2/10

September 2, 2010 Today's News
Thumbnail image for Interest Rate Watch for Seattle & Bellevue Real Estate 9/2/10

Rates trying to hold after loosing ground from Wednesday economic report on Manufacturing.  Federal Reserve clears the rumors of another stimulus to stabilize mortgage rates will not be put in place.  Market fluctuations will be critical in securing your interest rate.  Timing will be key to securing a rate for a purchase or a refinance.  [...]

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Compare Our Rates with Local Banks – Test Post

September 1, 2010 Today's News
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Seattle Mortgage Rates vary from each lender and individuals qualifying scenario. Depending on the lender such as Seattle Pacific Mortgage, we provide lower rates to the local consumers based on volume incentives we receive. We guarantee closing costs with no application fees!

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Interest Rate Watch for Seattle & Bellevue Real Estate 9/1/10

September 1, 2010 Today's News
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Rates are being pressured higher today due to good economic news coming from the ISM/Supply Management Index.  Even though payroll reports did not meet market exectations the index showed signs of economic growth and recovery.  Wall Street obviously liked the report pushing the Dow Jones 248 points higher.  This causes bonds to sell off pressuring [...]

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Interest Rate Watch for Seattle & Bellevue Real Estate 8/31/2010

August 31, 2010 Today's News
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Seattle and Bellevue home mortgage rates today. If you are on the short term locking then its key to follow the mortgage updates. As historically low mortgage rates are holding, secure your savings today.

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Seattle Home Mortgage Rates August 30, 2010

August 30, 2010 Today's News

Expect huge volatility this week for Seattle Home Mortgage rates. Economic news is pretty heavy which includes consumer spending, inflation reports, and unemployment figures. If you are planning to secure a rate plan accordingly and watch for updates. Overall timing is key to secure the best mortgage rate possible.

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Unlocking the Mystery of Seattle Home Ownership

August 27, 2010 Today's News

Seattle & Bellevue Home Buyers be prepared to unlock the mystery of “How much can I afford?” The Mortgage Reel breaks down the numbers and answers questions to empower buyers.

Read the full article →

Seattle Home Loan Approval or Deal Killer From Fannie Mae

August 24, 2010 Today's News

Seattle real estate buyers & owners applying for a new mortgage need to educate themselves on Fannie Mae’s LQI process. As a qualified borrower, the last thing you want is to go to closing and receive a loan denial. During the home loan process, any financials related to credit, must be discussed with your licensed loan originator.

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Seattle FHA Refinancing Without An Appraisal

August 24, 2010 Today's News

FHA Streamline refinancing allows Seattle homeowners to waive an appraisal. The combination of today’s rates and Seattle real estate values, the opportunity for an appraisal waiver is huge. Secure a historically low interest rate and save instantly.

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Seattle Home Mortgage Rates August 23, 2010

August 23, 2010 Today's News

Seattle Mortgage rates are up slightly, but remain at historic lows. Secure your long term savings opportunity now. This week, jobs and housing numbers will be released. Pay close attention as weak economic news should benefit the mortgage rates.

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Seattle Home Mortgage Rates August 16, 2010

August 16, 2010 Today's News

A number of variables can impact the mortgage rates this week. Starting off with inflation, housing permits, and initial jobless claims. Next Tuesday, the Treasury Department and the White House are hosting “Conference on the future of housing finance.” Talks about Fannie Mae and Freddie Mac will be discussed.

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Seattle Home Mortgage Rates August 9, 2010

August 9, 2010 Today's News

Weak job reports held mortgage rates at the current low fixed rates. This week The FOMC meeting starts on Tuesday. This is huge to see what plans the Feds have for the economy.

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Senate Approves New FHA Premiums Starting October 4, 2010

August 6, 2010 Today's News

Seattle real estate owners and buyers, with FHA financing. Increased premiums are set to start September 7, 2010. Review your financing to see how this impacts your purchase power or your opportunity to save money in today’s market.

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