From the category archives:
Mandatory 2010 HUD Settlement cost booklet copy!! Explains the new Good Faith Estimate! http://bit.ly/5buGwJ
Distressed sales CAN be future flips which can manipulate the final figures of sales and inventory.
Also out of the total sales of all homes about 33% were from distressed properties.
51% of home sales were from first time home buyers taking advantage of the tax credit.
Existing home sales continue to improve as the total supply of homes is down to 6.5 months from last months 7 month supply.
Yesterday and today equals currently a 100+ bps swing for the worse. Seattle mortgage rates are going up today!
Bond market is taking another huge hit today, we are currently down 60+bps.
Interest rates taking a huge beating. Seattle interest Rates going up!
The Mortgage Reel will be in a half day session of Reg X. Educating ourselves to pass onto the consumer. Watch for updates soon!!
With reduced purchase power per week, this all leads to the future of rising interest rates!! Opportunity is NOW!!
← Previous Entries
Next Entries →
Yelp
Twitter
LinkedIn
Youtube
Apply Online
Facebook
RSS