Bill Black's Mortgage News for the NW

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Mortgage and Lending - Guaranteed Rate NMLS# 2611 - NMLS# 49242
  We are heading the right direction.... Now before FHA makes more changes and rates increase- give me a call to get approved today.     
Wanna know how rates have been latelty? By the end of the day there was little change in the bond and mortgage markets; the stock indexes gained and the DJIA made another new high but the S&P still cannot get through 1565. Feb durable goods orders were better than thought, up 5.7%, however when t...
The big question I am hearing from local buiilders is "Where's the Dirt?"       With the constant increase in values on new construction in Clark County taking off like a wild fire it is making, not just Jack Sparrow ask the question, but most land developers and builders! I have been researching...
I am in the middle of financing a homebuyer purchasing a new construction home in Vancouver, WA. It was ironic that this specific buyer submitted two other full offer contracts on properties under $300,000 in Vancouver and lost both to higher bids. Our market is on fire! So with the increasing nu...
While working as Business Development Manager with a law firm in Washington State offering legitimate loan modifications and Short Sale Negotiatons I have learned a few things about the reality of the programs and would like to share with other Rainmakers~ First of all the current default solutio...
WHITE HOUSE PLANS TO WIND DOWN FANNIE AND FREDDIE       Congress will consider three suggestions. A fundamental reform for the housing market.For two-and-a-half years, economists and housingindustry analysts have wondered what would happen with Fannie Mae and Freddie Mac. On February 11, they got...
Just sending a quick reminder of our upcoming credit workshop this Tuesday February 22nd @ 6:30! Salmon Creek Executive Suites 2101 NE 129th St., Ste 219 Vancouver, WA 98686   You’re going to want to bring with you something to take notes with and any questions that you may have.
I just met with a savvy investor today looking at finally getting off the fence and buying a couple investment properties. He came to me with the expectations of putting 25% down and needing 6 months reserves for his other 4 properties he currently has in his portfolio...  I asked if he knew abou...

Bill Black

VP Mortgage Lending
local_phone(360) 216-1032
smartphone(360) 910-3290
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