Tom Jarzynka's (tjarzynka) Blog

Market Update | Guild Mortgage Our benchmark bond market for mortgage interest rates began worsening at the end of last week (2/17) losing a significant amount of basis points (which equates to around .125%-.25% worse in rates depending on the specific product).  We saw some improvement this week...

6 Lease Option Tips for Home Buyers   With all of the uncertainty and confusion surrounding the real estate industry the past few years, an opportunity that could benefit both the home buyer and the seller has resurfaced...the lease-option.  Here are 6 Lease-Option Tips for Home Buyers.   FLEXIBI...

Guild Advantages - Stability Stability   At Guild, we know you have a voice in where and who you entrust with what is most likely the largest financial commitment you will ever make.  We want to give you that voice and entrust this life altering financial decision with us.  We have an expanded bl...

A New Tax on Real Estate – The Truth of the 3.8% Tax on Real Estate Posted on February 21, 2012 by Michelle Castle OH MY GOSH – a new tax on real estate! The Truth About the 3.8% Tax on Real Estate Most of you have heard the big scare, “Sell your house in 2012 or you will have to pay a sales tax ...

Over the past several years we have seen the regulators scrambling to “fix” the US housing market with all sorts of plans and stimulus and new regulations. It all started in 2008 when then Fed chairman, Hank Paulson (former Goldman Sachs Chief), was at the forefront of the negotiations for combin...

Fee Increase to Impact Home Loans.... January 19, 2012.... By Mortgage Market Guide In December 2011, Congress reached a last-minute deal to fund the payroll tax cut extension. The payroll tax cut provides a 2% tax reduction for individuals earning up to $106,800, so the tax extension will be ver...

NAHB Housing Index Reaches 4 1/2 Year High This is reposted from Mortgage Market Guide. The National Association of Home Builders (HAHB) Housing Market Index (HMI) rises in January to a reading of 25. This is up 4 points from the previous December reading of 21 and marks the 4th consecutive month...

SEATTLE MORTGAGE: FHA EXTENDS WAIVER OF ANTI-FLIPPING REGULATIONS   FHA has announced an extension of its temporary waiver of regulations prohibiting insuring a mortgage on a home owned by the seller for less than 90 days.  The new extension will permit buyers to continue to use FHA-insured fina...

  Seattle Mortgage Lender asks, "What do Agents want?"   As a residential mortgage banker in Seattle I am curious to know, what do agents really want from their lender?  Obviously, every individual is different in their own way, but there has to be a common list of items that can encompass the ma...

  When looking to buy/refinance a home in Seattle (or anywhere!), make sure your clients know to do (or don’t do) the following to help them obtain the best available mortgage product and rate…   When looking to buy a home in the Seattle area using a residential mortgage financing product, it is ...