2009 Conforming and Conforming Jumbo Loan Limits for Seattle Metro - Seattle's Rain City Real Estate Guide

2009 Conforming and Conforming Jumbo Loan Limits for Seattle Metro

aggregated from: Seattle's Rain City Real Estate Guide

This morning, the Federal Housing Finance Agency has announced the 2009 conforming and jumbo conforming loan limits for 2009. The conforming loan limit will remain at $417,000. The jumbo conforming was reduced to 115% of median home value from 125%, with the passage of HR 3221. Based on the new lower estimated home values, the 2009 conforming jumbo limits for King, Snohomish and Pierce Counties are:1-Unit: $506,0002-Unit: $647,5003-Unit: $783,0004-Unit: $973,100Some banks and ...

aggregated: 1 year 13 weeks ago | 615 views

topics: housing, mortgage, mortgage-rates

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Just Tricks…No Treats for Friday's Rates

aggregated from: Seattle's Rain City Real Estate Guide

Mortgage rates continue to trend upwards like mummies crawling out of their graves. (Sorry bad reach. Booooo). October has been terrible for rates! The good news is that after today, it's over! Happy Halloween. *Conforming rates are av...

aggregated: 1 year 14 weeks ago | 32 views

topics: mortgage, mortgage-rates

What should a loan modification look like?

aggregated from: Seattle's Rain City Real Estate Guide

I just wrote this long comment on Jillayne's post, and decided it need to be a post of its own. This loan mod returns the risk premium that was not effective at controlling risk. It didn't work give it back. It also makes the lender partly re...

aggregated: 1 year 14 weeks ago | 53 views

topics: bellevue, foreclosures, housing, mortgage, redmond

Weekend News Roundup

aggregated from: Seattle Bubble

Wow, lots of stories in the local papers this weekend about the slow housing market. Too many to post separately, so here's a roundup of the weekend news. Let me know if I missed anything.Everett Herald: Snohomish County builders slash home pricesM...

aggregated: 1 year 15 weeks ago | 62 views

topics: bellevue, condo, condos, developer, developers

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