Tacoma Washington Home Loan Refinance, Tacoma WA Mortgage, Home Refinance Tacoma WA, Olympia Home Mortgage

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Daily Mortgage Update provided by CU Mortgage Division:

How To Refinance When Your Home Is Underwater

3/12/2010 7:45 AM

The Federal Housing Finance Agency has extended the government's Home Affordable Refinance Program by 12 months. HARP's new end date is June 30, 2011...Read More

Foreclosures Per Capita | February 2010

3/11/2010 7:46 AM

According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing...Read More

Daily Rate Lock Recommendation – 03/10/2010

3/10/2010 10:10 AM

Wednesday’s bond market has opened in negative territory as investors prepare for today’s Treasury auction. The stock markets are showing minor gains again with the Dow up 13 points and the Nasdaq up 7 points. The bond market is currently down 8/32, which will likely push this morning’s rates higher by approximately .125 – ....Read More

7 Weeks Remain To Find A Home, Claim Up To $8,000 In Tax Credits

3/9/2010 7:46 AM

In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of "move-up" buyers -- homeowners that have owned and lived in their home for 5 of the last 8 years. The credit ranges up to $8,000 per buyer. There's now just 7 weeks left to take advantage. To be eligible, home buyers must be under contr...Read More

What’s Ahead For Mortgage Rates This Week : March 8, 2010

3/8/2010 7:45 AM

Mortgage markets improved last week in low-volume trading...Read More

Pending Home Sales Drag In January, But Should Rebound For Spring

3/5/2010 7:46 AM

Fewer homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of RealtorsÂ®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high...Read More

Tying Friday’s Jobs Report To Rising Mortgage Rates

3/4/2010 7:46 AM

Non-Farm Payrolls is the official name of the government's monthly jobs report and, given the fragile state of the U.S. economy, Wall Street will be watching it closely. Mortgage rates could spike come Friday morning...Read More

How To Properly Screen A Prospective Tenant

3/3/2010 7:46 AM

According to the the National Association of RealtorsÂ®, "distressed homes" represented nearly 2 of every fifth home sold in January 2010. Clearly, real estate investors are taking advantage of good deals on cheap property. But there's risk involved...Read More

Existing Home Sales Drop Again In January But Stay On The Trendline

3/2/2010 7:46 AM

Anecdotal evidence is showing sales activity higher through February and into March. And, although it's unlikely we'll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today's buyers may find home prices are lower and sellers are more willing to n...Read More

What’s Ahead For Mortgage Rates This Week : March 1, 2010

3/1/2010 7:45 AM

Mortgage markets improved last week as economic reports painted a less-than-stellar portrait of the U.S. economy and concerns of a looming monetary policy change eased. Mortgage pricing improved dramatically, despite a late-Friday retreat...Read More

CU Mortgage Division - Located at O Bee Credit Union
8665 Martin Way E, Lacey, WA 98516