Home Sweet Rates NW

Attention all renters!! Now is the time to buy a home. The rates are still in the 4% range and once locked the principal and interest won't go up like rent--even if your home value does!! What's better, you’ll be making payments toward something that you will eventually own outright instead of writing a check for a place that will never be yours.

Homeowners also enjoy substantial financial savings in the form of tax deductions that renters don’t get to enjoy. Buyers can deduct mortgage interest paid each year from their taxes, and in many cases homeowners may be able to deduct expenses and improvements on a home including energy efficient upgrades.

For many, the most difficult part about buying a home is coming up with a down payment. However, did you know that on a conventional loan you only need 3% down; or 3.5% down going FHA; or 0% down going VA; or 0% down if the property is a USDA approved and you meet the guidelines and credit qualify. You can also use "gifted" funds for your down payment and closing costs from a family member.

The only way you're going to know if you can buy now is by calling me so I can help you determine your eligibility with no obligation to apply for a loan. Have a wonderful day!!

Surefire CRM by Top of Mind Surefire CRM is the #1 most used sales and online marketing platform for the mortgage industry.

https://www.facebook.com/575623425906920/posts/709100575892537

LIMITED SEATING With rents on the rise, owning a home may be in your favor. Presented by local area professionals. Come join us this Saturday we will have snacks, drinks and door prizes!

https://www.youtube.com/watch?v=DxReOp_rXGw

Seniors Struggle to Understand Reverse Mortgages A recent study showed that seniors are often misled by advertisements promoting reverse mortgage products. Industry regulators are hoping to fix that. Revers...

Mortgage Rates Turning Blue From Lack of Oxygen Mortgage rates are officially holding their breath ahead of Thursday's FOMC Announcement. It's not mortgages, specifically, but the entire bond market. In fact, a Fed rate hike doesn't necessarily have to be bad for mortgage rates or longer-term Treasury yields...

http://www.reuters.com/article/2015/08/31/us-markets-stocks-usa-idUSKCN0R011O20150831

Wall St. set to open lower as September rate hike back in focus Wall Street was set to open lower on Monday after weekend comments from Federal Reserve Vice Chairman Stanley Fischer appeared to keep the door open for a rate hike in September.U.S. inflation will

US homes are currently selling faster than they have in years. According to the National Association of Realtor's the median days on the market for July are 34. This is the lowest since the data was recorded back in 2011.

Pending home sales up 0.9%
http://www.mortgagenewsdaily.com/video/483030.aspx #{uname=graves.jason}

Mortgage and Real Estate Video News Up to the minute streaming video news for mortgage and real estate professionals.

http://on.wsj.com/1R298Bk

Loading the Dishwasher: You're Doing It Wrong The most fraught household chore is loading the dishwasher and often, people have their own techniques. WSJ's Ellen Byron sits down with Tanya Rivero to discuss. Photo: AP

Happy Thursday from Home Sweet Rates