The information contained within this online newsletter is deemed to be accurate at the time of the publish dates for each entry but is not warranted or guaranteed.

Rate information quoted or referenced is subject to change.  

The opinions express in this online newsletter are the opinion of the writer and are not the opinions of Mortgage Broker Associates.

None of the information contained with in this electronic publication should be deemed as a commitment to lend.

 

Welcome to my virtual Newsletter.

My motto has always been: "Taking the mystery out of mortgages".  In an effort to live up to my promise I have put together this online newsletter.  It is updated every two months with topical information pertaining to mortgages and real estate.  I hope you find it informative and educational.  If you have any comments or questions please do not hesitate to e-mail me at mike@mikethemoneyman.com.
  
Disclaimer

5/1/2008

Placing a Value on Service

What is service?

When I speak to potential clients they often hesitate and then ask something like, “Um, could we meet at 7:30 a.m. at Starbucks in West Seattle?” The ...


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3/1/2008

Renting vs. Owning a Home

Renting vs. Owning a Home

Homeownership has long been called the American Dream and more people own home ...


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1/1/2008

The Sky is Falling! Well, not really.

This just in: Bad news sells papers!

If you are like most people, you have heard a lot of hype in broadcast and print news outlets about how horrible the mortgage and real estate markets are in the Seattle area, and how the big mean banks are planning to foreclose upo ...


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11/1/2007

Closing Cost Demystified

Closing Cost a point of confusion

Over the years I have found that the part of the loan process that most borrowers are most uninformed about, and therefore have the most questions about, is closing costs. To live up to my reputation of being an educator, a resource, as well as a mortgage broker, I wo ...


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9/1/2007

Divorce And Your Home

There are many questions that people facing divorce might have about their home, their mortgage, their equity, and the related options.
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7/1/2007

Learn the truth about your Option ARM Loan

Do you dread getting your mortgage statement every month - You are not alone!

It isn't your imagination.

The index on which your mortgage interest rate is based has been skyrocketing. In the last three years the fully indexed rate on which adjustable-rate mortg ...


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5/1/2007

HELOCS vs HELOANS

HELOC and HELOAN Explained

First mortgage types come is a dizzying array of options. Second Mortgages however come in only two varieties home equity line of credit and home equity loans. Each have different features, advantages and disadvantages that should be considered before choosing ...


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3/1/2007

Interest only loans - a payment saving option

The emergence of the interest only mortgage option.

Interest-only loans are relatively new type of loan t ...


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1/1/2007

Home Improvement & Return on Investment.

How to get the most from you home improvement dollars.

When you own a home, you often balance what you would like to do to your home with the forecasted return on ...


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