Lynnwood Washington Real Estate Blog

News and information about real estate sales in Lynnwood, Washington and surrounding cities in Snohomish County, Washington State.

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WHERE THE HECK DID THE GOOD INTEREST RATES GO?!!

Published in October 15th, 2008
Posted by admin in Banking industry, Loans
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Ok…..so we’ve dumped billions of dollars into the bank in hopes of stimulating the economy and have now promised to buy up bank stocks in order create stability.  I thought this was supposed to make the banks willing to lend more money?  Anyone else confused as to why there has been a sudden major increase […]

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Is there any 100% Financing Left?

Published in June 19th, 2008
Posted by admin in Loans, Zero Down Loans
1 Comment

Believe it or not, the answer is yes. However, it is not quite as obvious as before. Gone are the days of 80/20 loans, 100% stated loans, or reduced documentation loans. We are now back in the realm of Government subsidized loans. FHA loans are making a strong come […]

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All credit scores are not the same - but why???

Published in May 5th, 2008
Posted by Jacquie in Loans
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In the weekend edition of the Wall Street Journal was the article All Credit Scores Aren’t the Same which discussed how there is no consistency among the credit reporting bureaus at how they score consumers credit.  Most people assume you actually have only one credit score, and that is absolutely untrue!
There are actually three major […]

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The Bernanke and the Fed is teasing us again!

Published in January 10th, 2008
Posted by Jacquie in All Cities, Loans
1 Comment

The Fed is on the TV again, hinting at what they are going to do in their next meeting.  Word is that they will be lowering the Prime rate a full half point a the next meeting.  This may lead a lot of home buyers to think that they should wait to start shopping.  This […]

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