FHA Announces New Changes - Seattle Condo Blog

The Federal Housing Administration announced rather sweeping changing to its popular FHA backed mortgage program. This changes are being implemented to manage and reduce risk and to continue providing affordable financing options.The proposed changes, which is expected to go into effect this summer, include:Increase in the mortgage insurance premium (MIP) from 1.75% to 2.25%. It s an upfront fee that can be rolled into the loan. FHA will release additional information on January 21.Increase d...

aggregated: 7 weeks 6 days ago | 11 views

topics: condo, housing, mortgage

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First RCG Mortgage Rate Update for 2010

aggregated from: Seattle's Rain City Real Estate Guide

It s the first Friday of the New Year which means it s Rain City Guide s first mortgage rate post for 2010 and as it s the first Friday of January, The Jobs Report was released today. Overall the Jobs Report came in worse than expected reporting...

aggregated: 9 weeks 4 days ago | 10 views

topics: condo, housing, mortgage, mortgage-rates, real-estate

December 2009 Condo Martket Update

aggregated from: Seattle Condo Blog

The sales and production figures for December came in about where we d expect an active market with less inventory and fewer sales. Historically, median price increases in December over November, but not this past year as December s citywide media...

aggregated: 9 weeks 5 days ago | 14 views

topics: condo, new-listings

Adrienne Quinn resigns as Seattle housing director

aggregated from: Strange Bedfellows

Seattle Office of Housing Director Adrienne Quinn has resigned to move closer to her elderly parents, Mayor Mike McGinn's office announced Monday....

aggregated: 9 weeks 1 day ago | 9 views

topics: mayor

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