Pierce County Down payment assistance programs

Pierce County down payment assistance programs

   Down Payment Assistance [Read more…]

Million-dollar-home count triples across Seattle area in 4 years

Watching Real Estate prices and multiple offers sky-rocketing around Seattle, this doesn’t surprise me at all.    That will push more people to buy South or North of Seattle and King County to save some money.

If you are currently looking at buying a home, please reach out to me (Bruce McLaughlin) and I will get you in touch with a great agent and help you get pre-approved on your new home.

Seattle jumped from No. 20 to No. 14 in the country in a ranking of areas with the most homes valued at $1 million or more. [Read more…]

Puyallup and Tacoma Home price increase in area outpaces all but Colorado

As a Home mortgage lender located in Puyallup, WA I sure have seen this market stay very active and a lot of homes being sold.  Prices continue to move upward, but not at the crazy pace we saw back in 2005-2008.  Inventory is very low right now, which adds to the higher prices so if you find a home you like don’t wait around a “think about it” for a week because it will be gone.  My clients are finding a lot of great homes in fantastic areas, if you need some help be sure to give me a call. My clients are winning their offers for purchase and their Realtors are awesome to work with. I always love to connect people and help them achieve their dreams of home ownership.

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Pierce County Mortgage rates drop

If you have been holding out to refinance or to buy a home, the rates have continued to move lower this past week.  Many people still think that rates went higher when the Fed announced a RATE HIKE on December 16th, but that rate hike did not affect mortgage rates. That was only tied to daily funds rates that will raise the rate on your auto loans, credit cards and other installment loans from banks. Since Mortgages are tied to the Bond Market, they Rate Hike doesn’t directly tie to mortgage rates.   If you are looking to buy or refinance a home please reach out to me and I will help guide you through the process and help you every step along the way.

Bruce McLaughlin

1st Security Bank

253-651-5755

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Cash is King: All-cash deals hit 43% of total home sales in 1Q

I have been in the mortgage business for well over 10 years now, and the latest trend of cash buyers has definitely increased over the past 3 years due to large investment firms buying homes.   I work with some great Real Estate agents and they all tell me they are blown away with how many cash deals they work with on a monthly basis.   Inventory right now is low and homes are selling fast, and many of my buyers I pre-approve and putting in bids against these cash buyers and it makes it hard to win the home.

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Average US 30-year mortgage rate rises to 4.41 pct

Average U.S. rates on fixed mortgages rose slightly this week but remained near historically low levels [Read more…]

How debt affects your ability to borrow

Mortgage Rates are quite low. In fact locking-in a 30 year fixed rate mortgage around 3.5% is pretty common these days. Whether purchasing or refinancing, securing the best mortgage rate is on everyone’s mind. [Read more…]

5 tips for refinancing a mortgage

The lowest rates in decades are enticing, but do your research to make sure you’re really better off with a new loan. [Read more…]

Home Prices up in Pierce County

Single family home prices showed a significant rebound in Pierce, King and Thurston counties last month as the supply of homes on the market continued to shrink. [Read more…]

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