Tag Archives: Homes in SW Washington

FHA To Make Permanent Mortgage Insurance

Posted on May 3, 2013 by Erin Johnston

Next month, the Federal Housing Administration plans to build up it’s finances by requiring anyone receiving a FHA loan with less than 20% down to carry mortgage insurance for as long as they have the loan. Previously it was only … Continue reading →

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The Five Year Rule

Posted on May 1, 2013 by Erin Johnston

One thing you should always ask yourself before you purchase a home is how long you plan on living there. The answer to that depends on your geographic area as well as the neighborhood you intend to purchase in. The … Continue reading →

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15 Year Mortgage Rate Lowest Ever

Posted on April 26, 2013 by Erin Johnston

According to a weekly report from Freddie Mac, this week the mortgage rate for a 15 year fixed-rate mortgage hit an all-time low of 2.61%, down from 2.64%. This new low beat out the previous record of 2.63% recorded in November … Continue reading →

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Housing Starts Top 1 Million

Posted on April 24, 2013 by Erin Johnston

In March, for the first time since 2008, housing starts have reached 1 million. The start for new housing is up 7% from February and 47% from last year, with an annual rate of 1.04 million. This was a much … Continue reading →

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Tri-Cities…we’ve made the news!

Posted on May 30, 2012 by

We are always looking for interesting and trending happenings within Real Estate and our local community in our Distinctive Properties blog.   We have been blogging lately about the low interest rates and how there has never been a better time … Continue reading →

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