by Marti Reeder | Jan 31, 2024 | Home Buying, Home Ownership, Interest Rates, Mortgage
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last few years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot...
by Marti Reeder | Oct 18, 2023 | Interest Rates, Mortgage
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below): That can feel like...
by Marti Reeder | Jan 4, 2023 | Mortgage
Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases...
by Marti Reeder | Sep 15, 2021 | Budgeting, Equity, Finance, Home Buying, Home Equity, Home Selling, Home Value, Interest Rates, Listings, Mortgage, News, Newsletter, Pricing a Home, Real Estate, Refinancing, Taxes, Washington
Often when I meet with sellers who are considering a future move, one of the issues that comes up is their current mortgage balance aka what they own on their home. A seller’s focus is always what they will walk away with when their home is sold – their net...
by Marti Reeder | May 6, 2020 | Community, Economy, Home Buying, Home Ownership, Home Search, Home Selling, Home Value, Inspection, Interest Rates, John L. Scott, King County, Listings, Making an Offer, Market Conditions, Misc., Mortgage, Moving, News, Real Estate, Washington
Well, this is a post I can honestly say I never imagined myself writing! And I’m 100% sure you never imagined yourself reading it. Yet, here we are all are, trying to make sense of a world that has been turned upside down. Welcome to the temporary “new normal”....
by Marti Reeder | Dec 4, 2019 | Budgeting, Down Payment, Finance, Home Buying, Home Ownership, Home Search, Home Selling, Making an Offer, Mortgage, Real Estate
Think again! We’re seeing an increase in interest in second homes in our market. This interest is being driven by two main groups – millennials who fear they can’t afford a home in the area they want to live in (but who want to own something), and established...