Author Archives: Erin Johnston

VA Loans and 10 Things You May Not Know About Them

Posted on February 5, 2014 by Erin Johnston

VA loans are flexible, no down payment loans for military borrowers. VA loans have unique benefits and not all borrowers are aware of these, even those who are long time borrowers. Here are 10 things you may not know. As … Continue reading →

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Mortgage Rates Continue Downward Trend

Posted on January 31, 2014 by Erin Johnston

Mortgage rates for the most popular loans decreased this week as reports of a weakening economic recovery showed a decline in December new home sales. Adding to the drop in averages — for the fourth consecutive week — was another … Continue reading →

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Budgeting ? Don’t Make These 4 Classic Mistakes

Posted on January 30, 2014 by Erin Johnston

If you planned out to start 2014 with a budget, you are not alone. Last year nearly half of all Americans were unable to afford basic need bills such as medical car or housing and 1/3 were living day to … Continue reading →

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Mortgage Rates Dip for Second Consecutive Week

Posted on January 24, 2014 by Erin Johnston

There is good news for those looking to buy a home or have homes for sale in Pasco, Richland, Kennewick and the surrounding Tri Cities areas. Mortgage rates dipped for the second consecutive week, with the most popular loans falling to … Continue reading →

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2014 Home Prices Expected To Remain Close To The Same

Posted on January 22, 2014 by Erin Johnston

2014 will still be a seller’s market as prices are not expected to rise as much as last year. Although inventory is improving, it is still about 15% below the normal. This is also great for buyers, because less home … Continue reading →

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New Mortgage Rules In Effect

Posted on January 17, 2014 by Erin Johnston

Starting January 10th, 2014, new rules will be instated designed to help make mortgages safer. Unfortunately, these new rules come at a difficult time as fewer homeowners are refinancing and could result in less choice for borrowers. With lending already … Continue reading →

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More Good News for Borrowers

Posted on January 10, 2014 by Erin Johnston

The mortgage fee increase on loans backed by Fannie Mae and Freddie Mac that was supposed to go into effect this Spring, has been postponed by the FHFA for further evaluation. Fannie Mae and Freddie Mac do not issue loans, … Continue reading →

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Mortgage Forgivness Debt Relief Act Has Ended

Posted on January 9, 2014 by Erin Johnston

January 1st hailed the expiration of the Mortgage Forgiveness Debt Relief Act that was created by Congress back in 2007, to assist homeowners who were struggling due to the loss of their homes. The relief act allowed homeowners behind in … Continue reading →

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Growing Your Business in 2014

Posted on January 3, 2014 by Erin Johnston

A new year is fast approaching and with that comes the need for strategic planning and preparing to meet or exceed our present year’s accomplishments. To truly grow our business, however, we must learn from our past and change those … Continue reading →

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