2020 PSMLA Charity Golf Tournament. Be there.
Puget Sound Mortgage Lenders Association is at Oakbrook Golf Club.
15 September at 06:14 · Lakewood, WA, United States ·
We’re thinking everyone needs a reason to get out of the house, have some fun & raise money for a great cause right about now...
So JOIN US for the PSMLA Charity Golf Tournament on October 1st to benefit Rebuilding Together South Sound.
It might be slightly different rules this year to remain COVID-safe, but you won’t want to miss it!
Link to REGISTER is below in comments.
Definitely going to slow down the flow of refinances for a very short period, but purchase business is still booming and once pipelones are cleared, it will drop back down. Patience is a virtue
MORTGAGENEWSDAILY.COM
Surprise Announcement From FHFA Just Made Your Refi Much More Expensive
Longest tenure I've ever had and i REALLY like working here. Hoping for 9 more!
You can hedge your home loan mortgage bet by refinancing with little to no costs now and hedge that if they drop again, allowing you a second opportunity while also guarding against bond and mortgage backed security spike in additional positive environmental news which would result in rates increasing. Don't pay too much if its not your last loan. Just my opinion, everyone has a different thought process and scenario . Make sure to reach out to your trust partner in the industry to answer you questions .
MORTGAGENEWSDAILY.COM
Should You Wait For Lower Rates?
Record levels of low rates....definitely check out the 15 year if its within your budget.
interesting article about net zero building and the west vs east facing issues
https://www.probuilder.com/making-transition-net-zero-homes-product-design
PROBUILDER.COM
Making the Transition to Net Zero Homes: Product Design
Rates continue to stay at all time lows. Federal Housing Finance Agency will be tacking on their .5% of cost at the end of the year for any loan not purchased on the secondary market, so rates will be a little higher in the coming months. Talk with your preferred lender to see if they can help you save on your monthly payments or better yet, lower your current term you have on your mortgage.
Great information for some of the kids of my friends to be aware of if they are interested in purchasing a home. I'm currently working with a very good friend's son who is buying in Idaho (smart move) and I realized that a ton of my friends have 20 something year old's that may want to get into one of the best returns you can make with your money. just some basic stuff to help them understand .
https://rismedia.com/2020/10/29/buying-first-house-tips-for-buyers/
RISMEDIA.COM
Buying Your First House: Tips For Buyers
A quantative decrease in the fed slowing the purchase of mortgage backed securities could lead to a slow rise in rates. Will keep on eye on the Feds projections.
FINANCE.YAHOO.COM
Fed sends mixed messages on its plans for asset purchases
Coming Soon. Pretty excited about the new tools to expedite the whole process.
To Follow up yesterday's increase conforming loan limits here is a simple explanatory what this may or may not mean to you in regards to future home loan mortgages.
MORTGAGENEWSDAILY.COM
How The New Loan Limits Affect Mortgage Rates
Conforming loan limits increasing in 2021 to $548,250 and $776,250 in Pierce, King and Snohomish County. New FHA and USDA loan amounts are not available yet, but will update when they are posted.
