Fannie Mae has decided to drop the hammer a bit on homeowners that are ‘strategically defaulting’ on their home loans. This is not very surprising actually with people walking away from their home at a record pace. The word from Fannie Mae is that you will be BARRED from obtaining a Fannie Mae backed loan [...]
The wind is blowing, the ice is melting from the roads around Lynnwood, the holidays are wrapping up and a new year is looming in front of us. Why not take a little bit of time to treat yourself to a lower house payment? Like most places across the country, home mortgage rates in Snohomish [...]
The Fed is on the TV again, hinting at what they are going to do in their next meeting. Word is that they will be lowering the Prime rate a full half point a the next meeting. This may lead a lot of home buyers to think that they should wait to start shopping. This [...]
© Jacquie Cliff – Professional Seattle Area Real Estate Broker with Champions Real Estate Services
