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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Tag Archives: Mortgage
HARP Extended to 2017 as Bridge to New Refi Program
Daily Real Estate News | Monday, August 29, 2016 The Federal Housing Finance Agency is extending the Home Affordable Refinance Program (HARP) until Sept. 30, 2017. The FHFA estimates that more than 300,000 home owners could still benefit by refinancing … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, credit, Fannie Mae, financing, freddie mac, government, home, Mortgage, national association of realtors, News, real estate, realtor, refinancing
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Good for Buyers: Mortgage Rates Barely Budge
Daily Real Estate News | Friday, August 26, 2016 Mortgage rates continue to hover around all-time lows with the 30-year fixed-rate mortgage averaging 3.43 percent this week. “This marks the ninth consecutive week that mortgage rates have been below 3.5 … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 30-year, buyers, market, Mortgage, mortgage rates, mortgages, national association of realtors, real estate, realtor
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Mortgage Rates Move Even Lower This Week
Daily Real Estate News | Friday, August 19, 2016 Fixed-rate mortgages dropped slightly this week compared to the previous week, and continue to hover near all-time lows. “The 30-year fixed-rate mortgage fell 2 basis points to 3.43 percent this … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 30-year, freddie mac, Interest Rate, interest rates, Mortgage, mortgage rates, mortgages, national association of realtors, News, real estate, realtor, Statistics
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Fannie Mae Tweaks 3% Loan Program
Daily Real Estate News | Thursday, July 28, 2016 Fannie Mae announced that it has changed income maximums and some eligibility criteria for its HomeReady mortgage program that it believes will allow more borrowers to qualify for a mortgage with … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, buyers, Fannie Mae, home ownership, hud, Mortgage, national association of realtors, News, properties, real estate, realtor
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The Pros and Cons of Low Mortgage Rates
Daily Real Estate News | Tuesday, July 12, 2016 Many economists saw their predictions of higher interest rates and stronger economic growth shattered this year, mainly due to global economic uncertainty which was then heightened by June’s Brexit vote in … Continue reading
Posted in Mortage/ Finance News
Tagged affordable housing, buyers, economy, financing, home, housing market, Interest Rate, interest rates, low mortgage rates, Mortgage, NAR, national association of realtors, News, real estate, realtor, Statistics, WA
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Yun: ‘Flashing Yellow Lights on Affordability’
Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading
Posted in Mortage/ Finance News, Real Estate News
Tagged buyers, existing home, family, home prices, home sale, home sales, homes, housing, market, Mortgage, mortgage rates, national association of realtors, News, real estate, realtor, rising home prices, Sale, Sales
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