Military Members : You Have 3 Weeks To Buy A Home, Claim Up To $8,000 In Tax Credits

If you’re an eligible federal employee or qualified military personnel, you have 3 weeks from this Saturday to use the federal home buyer tax credit, and to claim up to $8,000 in federal income tax credits.  According to the IRS, eligible persons include members and spouses of the uniformed...

How Does Your Real Estate Tax Bill Compare To Other Parts Of The Country?

Mortgage rates may be a function of free markets, but real estate taxes are a function of government. And, depending on where you live, your annual real estate tax bill could be high, low, or practically non-existent. Compiling data from the 2009 American Community Survey, the Tax Foundation, a...

March Fed Minutes Show Inflation Risks And Rate Hikes On The Horizon

The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy. The minutes’ official name is “Fed Minutes”. It’s a periodic publication, published 3 weeks after each meeting of the...

Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.

Which is better — a fixed-rate mortgage or an adjustable-rate mortgage? It’s a common question among home buyers and refinancing households in Washington. The answer? It depends.  Fixed-rate mortgages give the certainty of a known, unchanging principal + interest payment for the life of...

Washington State Mortgage Rates This Week : April 4, 2011

In a volatile week of trading, mortgage markets closed unchanged last week. Despite economic data proving stronger-than-expected — a situation that tends to lead mortgage rates higher — concern for persistently high oil prices tempered Wall Street’s excitement and mortgage rates stayed...

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