Seattle Real Estate Tyler Freed
Real Estate in Auburn, Bellevue, Renton, Lake Tapps, Seattle and Kent
Mortgage trends to watch at year’s end By HOLDEN LEWIS Bankrate.com Related Mortgage rates will remain low, getting a home loan will continue to take a long time and refinancers will be tempted by mortgages with zero-closing costs. Those are some of the trends industry insiders may see as the year closes out. Mortgage rates… Read More
Fannie, Freddie to start buying back bad loans By The Associated Press WASHINGTON Government-controlled mortgage-finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they already have sold to investors. The two companies are repurchasing mortgage loans for which borrowers have missed at least four months of… Read More
Mortgage rates still below 5 percent Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. The Associated Press McLEAN, Va. — Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. The average fixed rate on 30-year mortgages was 4.81 percent, up from a… Read More
Bank of America says 600,000 mortgages modified Bank of America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008. The Associated Press CALABASAS, Calif. — Bank of America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since… Read More
Quick passage by the House last week of a bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas increases the odds that Congress will agree to an extension, maybe even an expansion, of the entire credit program well into 2010. The White House is also signaling… Read More
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