U.S. mortgage applications fell for the first time in four weeks, reflecting a dramatic drop in demand for home refinancing loans, data from an industry group showed today. The Mortgage Bankers Association’s (MBA) Market Composite Index for the week ending January 22, 2010 decreased 10.9 percent on a seasonally adjusted basis from one week earlier… Read More
Developer: Park Pointe could break ground in 2011 (Issaquah Press)
December 22, 2009 By Leave a Comment
The developer behind Park Pointe said ground could be broken for the embattled Tiger Mountain residential project as early as a year after it emerges from Chapter 11 bankruptcy hearings. But city officials, accustomed to long delays related to Park Pointe, described the timeline as ambitious.Wellington Park Pointe LLC Vice President Ron Slater said the [...]
QUICK POLL (GlobeSt.com)
December 11, 2009 By Leave a Comment
Developer: Park Pointe could be ready for 2011 groundbreaking (Issaquah Press)
December 10, 2009 By Leave a Comment
NEW — 10:08 a.m. Dec. 10, 2009 The developer behind Park Pointe said ground could be broken for the embattled Tiger Mountain community as early as a year after the developer emerged from Chapter 11 bankruptcy hearings. Wellington Park Pointe Vice President Ron Slater said the company would be ready to break ground on the Tiger Mountain [...]
Mortgage Rates at Record Lows
November 23, 2009 By Leave a Comment
Freddie Mac’s weekly survey of average interest rates put the 30-year fixed-rate mortgage (FRM) at 4.83% with an average 0.7 points for the week ending Nov.12, down from the average rate of 4.91% the previous week. That’s a mere 5 basis points shy of Freddie Mac’s record low of 30-year FRM rates, reached twice in… Read More
