Category Archives: Mortage/ Finance News

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Defaulting HELOCs: A Growing Concern

Daily Real Estate News | Thursday, June 09, 2016 In 2004, millions of home owners tapped into the equity of their homes through home equity lines of credit. Their 10-year grace periods are now done and they’ve had to start … Continue reading

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2016 Summer Events

  Benton Franklin Fair & Rodeo Aug. 23 – 27, 2016 10:00 AM – 11:59 PM Benton County Fair Grounds |Kennewick, WA Website Join us for the Best Week of Summer, featuring headline entertainment, world class rodeo, exhibits from your … Continue reading

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The Buyers Are Coming

Daily Real Estate News | Wednesday, May 25, 2016 Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a … Continue reading

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Average Time to Close: 44 Days

Daily Real Estate News | Friday, May 20, 2016 For the second consecutive month, the average time to close all loans stayed at 44 days, suggesting that new mortgage rules that took effect this fall are having less of an … Continue reading

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Mortgage Rates Drop to 3-Year Lows

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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NW Dominates Home Price Increases

Daily Real Estate News | Wednesday, April 06, 2016 Western states dominate the list of states seeing the largest year-over-year increases in sales prices. But there is a notable exception — California. Instead, the state of Washington is posting the … Continue reading

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Fed Leaves Rates Alone: What This Means for Mortgages

Daily Real Estate News | Thursday, March 17, 2016 The Federal Reserve announced Wednesday that it will not raise interest rates as quickly as they had originally anticipated. The Fed dimmed its outlook as the economy showed signs of slowing. … Continue reading

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Mortgage Rates Reverse Course, Inch Higher

Daily Real Estate News | Friday, March 04, 2016 For the first time in two months, mortgage rates edged higher this week. “Treasury yields approached their highest level in a month, boosting the 30-year mortgage 2 basis points this week … Continue reading

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