Check out our Handy Calculators!

Check out our Handy Calculators!

Whether you’re buying a home or refinancing an existing loan, we have a calculator that can help you make the right decisions!

Determine exactly which deal offers the lowest monthly payments, how much home you can afford, and whether it makes sense to rent or buy, and more.

WAHomeowners Calculators

Long-shrinking homes begin to grow again

Long-shrinking homes begin to grow again

Even as the U.S. economy struggles to rebound from the worst recession since the Great Depression, Americans are living larger.

Larger, as in larger homes: two-story foyers, twin front staircases, children’s wings, dedicated man caves, coffee bars, four-car garages and bedroom closets large enough for a fifth vehicle.

The percentage of new single-family homes greater than 3,000 square feet has grown by one-third in the last decade, according to data released last month by the U.S. Census Bureau. Slightly more than 1 in 4 new homes built last year were larger than 3,000 square feet, the highest percentage since 2007.

Read Full Story on the Seattle Times…

US Mortgage Rates Drop to New Record Lows

How low can they go? US Mortgage Rates Drop to New Record Lows

The average U.S. rates on fixed mortgages dropped again to record lows, giving would-be buyers even more incentive to brave the housing market.

Freddie Mac reported Thursday that average rate on the 30-year loan fell to 3.56 percent (down from 3.62 percent last week and the lowest since long-term mortgages began in the 1950s).

The average rate on the 15-year mortgage dropped to a record low of 2.86 percent (below last week’s previous record of 2.89 percent).

The rate on the 30-year loan has fallen to or matched record low levels in 11 of the past 12 weeks.

These low rates make it an excellent time to buy or refinance for those who are able. Check out our Homeownership Simplified section a for information & tips on buying a house in Washington State as well as our handy calculators to figure out potential mortgages, closing costs, and more!

Home Ownership Matters

Home Ownership Matters

Home ownership has a significant impact on net worth, educational achievement, civic participation, health, and overall quality of life. And, home ownership helps create jobs—lots of them—right here at home.

Home Ownership matters…to people, to communities, and to America. Why?

  • For every two homes sold, one job is created in the U.S.
  • Each purchase generates as much as $60,000 in economic activity over time.
Are you thinking of buying a home? Check out our Homeownership Simplified section a for information & tips on buying a house and our handy calculators to figure out potential mortgages, closing costs, and more!

Double digit rise in King County home prices

Double digit rise in King County home prices

King County house prices saw a double-digit increase in June — the first time that’s happened in nearly five years, according to statistics released Thursday by the Northwest Multiple Listing Service.

The median price of single-family homes sold last month was $380,000, up 10.1 percent from June 2011.

Read More on The Seattle Times…