December 2014

Are you wondering how much you need to save for your new home? Check out all the different loan programs we offer at Absolute Issaquah. It may not be as much as you think. 0 DOWN The VA and the USDA both offer a zero down loan program for individuals and/or properties that meet their criteria.Sometimes, loans require little or no cash out of pocket.


Check out  the Annual Snoqualmie Holiday Tree Lighting this weekend on Saturday, December 6th Our friends at The Cascade Team Real Estate will be there! See below for all the family friendly actives the event has to offer. Join The Cascade Team for the annual Holiday Tree Lighting in Snoqualmie! When:  Saturday, December 6th at 5:30pm Where:  Located at Railroad Park in Downtown Snoqualmie ~


With falling energy prices, consumers are able to spend more on other things. The low energy prices could keep inflation down and delay Fed rate increases. The Fed’s final economic report of 2014 shows optimism toward employment and spending. Good news could lead to policy and rate changes but is offset by continuing low inflation and mixed real estate reports. Jobless claims are in line with recent trends after


K2 JUMBO Check out our new “K-2” Jumbo Loan Program: This program is a great alternative to FHA with generous credit score minimums and low down payment options. • 90% Loan to value ratio up to a $850,000 loan amount with 680 credit score • Buy a home priced up to $944,000 • 85% loan to value ratio up to a $1,000,000 loan amount with

1st Annual Thanksgiving Open House

We had a great turn out last week during Absolute Issaquah’s First Annual Wine & Pie Open House! Our Mortgage Advisors broke bread and sipped wine with some of their closest real estate agents and clients. As they left the open house, each of our guests took home a fresh baked pie from The Cakewalk Shop in Snohomish for their Thanksgiving dinner. These pies were something special,

November 2014

You refinance to a lower rate, and you get a lower payment. But the opportunities don’t stop there. Reduce your balance faster. With a lower interest rate, you pay more principal with each payment, especially in the first years of the loan. Example: After five years of payments on a 30-year loan of $200,000 at 4%, you would pay $19,706 in principal vs. $17,105 on


Fed minutes show that members see a slowly improving economy. Concerns about labor and inflation remain. Rate increases are likely to come gradually next year. Producer inflation increased slightly in October. Sluggish inflation supports the Fed concern and puts downward pressure on rates. On the other hand, October retail sales made up for September’s decline. This and other improving consumer trends could push the Fed’s rate


DO: Keep All Records in Good Order. Availability – Keep your financial records close at hand in case updates are requested. Income – Be aware that underwriters typically verify your income and tax documents through your employer(s), CPA, and/or IRS tax transcripts. Hold onto new paystubs as received. Assets – Continue saving incoming account statements. Keep all numbered pages of each statement. Ex. 8 of


New international trade numbers show the negative impact of struggling world economies on U.S. growth. A slower recovery could keep rates low. The European Central Bank announces stimulus measures and maintains low policy rates. U.S. interest rates are likely to respond positively. Jobless and continuing claims are down again. If the monthly employment report confirms improvement, the news could be bad for rates and offset other gains. Private


Wendy Mariani, MLO-112530 Senior Mortgage Advisor at Absolute Mortgage in Issaquah, WA has been awarded Mortgage Advisor of the Month for October 2014. This is the second of many monthly awards Absolute Issaquah will be giving out to their Mortgage Advisors (MA’s). The Mortgage Advisors are chosen for the award based upon: Hard work Quality of work How well they work with others Overall Production


November 2014

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