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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Category Archives: Mortage/ Finance News
Understand What Goes into House Prices in a Competitive Market
You may be selling a home in a competitive market — for example, with low inventory and high demand. And you may be thinking “Yay!” or at least “Whew.” You know you’re likely to have more interested buyers, better offers, … Continue reading
Posted in Home Owner Tips, Mortage/ Finance News
Tagged bidding wars, competitive market, home prices, home sales, house prices, interest rates, market analysis, micro real estate market, NAR, Purchasing a home, purchasing power, real estate, real estate agent, seasonality, sell your home, seller's market
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Low 30-Year Rates Keep Buyers in Summer Market
Mortgage rates barely budged this week, keeping borrowing costs low for summertime home shoppers. Mortgage rates continue to hover near their 2016 averages. “We’re seeing a tug of war happen as the fixed-income market flashes warning signs while the equities … Continue reading
Posted in Mortage/ Finance News
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Senate Bill Cuts Property Tax Deduction
Daily Real Estate News | Friday, November 10, 2017 Yesterday, Senate Finance Committee Republicans released their version of the tax reform bill. Although it goes one step further than the House bill by preserving the $1 million cap on the mortgage … Continue reading
Posted in Mortage/ Finance News
Tagged bill, burden, Capitol Hill, corporate tax cuts, corporations, dependency, eliminates, exemptions, higher taxes, homeowners, homeownership, house, itemized deduction, lower, middle class, middle income, NAR, personal, property tax deduction, property values, Republicans, Senate, tax brackets, tax reform, taxes, taxpayers, version
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Homes Are More Affordable Than 20 Years Ago
Daily Real Estate News | Wednesday, November 08, 2017 Homes are actually more affordable now than they were in the late 1990s, according to the latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider. … Continue reading
Posted in Mortage/ Finance News, Real Estate News
Tagged AGO, data, family, favor, home, home prices, homes, income, Interest Rate, interest rates, look, market, Mortgage, national association of realtors, new, News, open, potential, price, real estate, Real Estate News, realtor, rising home prices, Sale, Sales, savings, states, washington
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Mortgage Rates Stuck in Holding Pattern
Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 21, 30-year, AGO, ARM, data, family, freddie mac, home, Mortgage, mortgage rates, mortgages, national association of realtors, News, open, real estate, Real Estate News, realtor, Sale, Sales, time
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More Owners Are Using Their Equity Again
Daily Real Estate News | Tuesday, August 29, 2017 Home prices continue to rise and more homeowners are tapping into their home equity, making home equity lines of credit and cash-out mortgage refinances popular again. Home equity line originations jumped 8 percent to … Continue reading
Posted in Mortage/ Finance News
Tagged Active, AGO, borrower, credit, data, days, debt, equity, existing home, Fall, home prices, home value, homeowners, homes, housing, increase, Interest Rate, interest rates, investment, Lender, lenders, lending, loan, Mortgage, national association of realtors, News, price, real estate, Real Estate News, realtor, rising home prices, risk, Sale, Sales, values
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HARP Extended Through 2018
Daily Real Estate News | Wednesday, August 23, 2017 The Federal Housing Finance Agency announced that it is extending HARP, a popular government refinancing program, through Dec. 31, 2018. The Home Affordable Refinance Program was to expire on Sept. 30. … Continue reading
Posted in Mortage/ Finance News
Tagged borrower, borrowers, data, equity, financing, government, home, homeowners, homes, housing, loan, Mortgage, mortgage payments, mortgages, national association of realtors, News, open, real estate, Real Estate News, realtor, refinancing, time, value
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