Today Freddie Mac launched Home Possible AdvantageSM, a new affordable mortgage with a down payment option as low as 3%. Here are the answers to your top questions: “Who is this mortgage for?” “What do I need to qualify for it?” “Can I use gift funds as my down payment?”
3% Down: Your Top Questions Answered – Freddie Mac
If you rent your home, you know: Seattle rents are rising. Fast.
Wealthy Chinese are sinking billions of dollars into Puget Sound area real estate, and by doing so they’re making a clearcut business case for protecting the environment and spending money on education.
The influx of foreign buyers, mostly Chinese, was one of the top real estate stories of the 2014. It’s not just that many foreign nationals are buying here. Rather, it’s how they’re executing transactions, with some paying all cash for pricey assets.
Roughly 40 percent of households in Seattle earn more than $100,000 annually, compared with just 22 percent nationwide…
Why areas with good jobs have hard-to-afford homes – Seattle Times / AP
Sandwich lovers of Seattle, rejoice! Paseo is coming back, and quickly.
Paseo to reopen; new owner plans no changes – Seattle Times
Image from Freddie Mac