CARBON MONOXIDE DETECTORS/ALARMS ARE REQUIRED

RCW 19.27.530 requires that all Sellers of owner occupied properties in WA State must equip the home with a carbon monoxide (CO) detector before a Buyer may legally occupy the residence following the sale and all residential rental properties must also be equipped … Continue reading

ELECTION RESULTS IN VOLATILE MARKETS

In November, Americans went to the polls to exercise their right to vote for president—and global markets took notice. When Donald Trump was declared president elect, market reactions were wild, driving Stock prices higher while Mortgage Bonds—and the home loan … Continue reading

“BREXIT” OF CHAMPIONS

“BREXIT” OF CHAMPIONS

After months of divisive rhetoric on Britain’s exit from the European Union (or “Brexit,” as it is known), voters went to the polls on June 23 stunning investors by opting to leave the economic and political partnership of 43 years. … Continue reading

WILL THE ECONOMY BLOOM THIS SPRING?

WILL THE ECONOMY BLOOM THIS SPRING?

The housing and labor sectors remained strong in the first quarter, but what about our economy overall? GDP Slows While Fed Holds Steady The Federal Open Market Committee (FOMC) met in April and, as expected, held its benchmark Fed Funds … Continue reading

FEED HOLDS ITS BENCHMARK RATE STEADY

FEED HOLDS ITS BENCHMARK RATE STEADY

September marked the start of football season for fans across the country. But investors and economists were focused on another team—the Federal Open Market Committee (FOMC), and whether it would hold its benchmark Federal Funds Rate steady. What Is the … Continue reading

MARKET VOLATILITY HEATS UP FOR SUMMER

MARKET VOLATILITY HEATS UP FOR SUMMER

Despite a home loan rate uptick in early June, refinance applications held steady, clocking in at only one percent lower in volume than the same time one year ago. Loan applications to purchase a home were still 14 percent higher … Continue reading