NEW IRS MILEAGE RATES

NEW IRS MILEAGE RATES

The IRS posted new standard mileage rates for 2015 that can be used to calculate deductible costs for driving an automobile for business, charitable, medical and moving purposes. The new mileage rate for business-related driving is up, but mileage for … Continue reading

KICKOFF 2015

KICKOFF 2015

The housing sector is beginning 2015 on a strong note. December new home construction came in at a 4.4 percent increase over November, which was above expectations and the strongest annual pace in seven years. This was led by another … Continue reading

A GOOD START TO 2015

A GOOD START TO 2015

A strong Jobs Report raised hopes of a stronger economy to start 2015. According to Labor Department figures released in December, employers added 321,000 jobs in November, the most in one month since January 2012. New job creations for September … Continue reading

MORE HOMEBUYING OPTIONS TO COME IN 2015

The number of first-time homeowners reached its lowest level in three decades. According to an annual survey of homebuyers by the National Association of REALTORS®(NAR), only 33 percent of total purchases this year were by first-timers, down from 38 percent … Continue reading

2015 FHA LOAN LIMIT INCREASE: WASHINGTON STATE

2015 FHA LOAN LIMIT INCREASE: WASHINGTON STATE

The 2015 FHA loan limits for Washington State are only being increased in King, Pierce and Snohomish Counties. The remaining Counties will remain at their current FHA loan limits. Following you’ll find both current and pending limits: For answers to any additional loan … Continue reading