Mortgage Info

Welcome!  You are at Rain City Guide’s page dedicated to providing you with relevant information about the ever-changing world of mortgages hosted by RCG’s Mortgage Expert, Rhonda Porter.  This page will continue to be a “work in progress”.

My Twitter updates are primarily about mortgage rates (actual live rate quotes) and what I’m doing during the work day. However sometimes you’ll see that I’m tweeting about some personal stuff too, like what I’m cooking for dinner. (I’m noticing that the Twitter feed at RCG can be a bit moody).

Must read Rain City Guide articles about mortgage guidelines and “the basics”.

APR Just One Part of the Mortgage Machine

Extensions:  When Your Time is Up With Your Lock

Fannie Mae: Adverse Market Pricing

FHA: A Seller’s Guide

FHA Jumbo

FHA Update: The “It Girl” of Mortgage

Financing an Investment Property

Make Sure Your Loan is Locked

More Fannie Mae Changes for Investment Properties and Second Homes

Predatory Upfront Loan Modification Fees

Reserves and Prepaids on Good Faith Estimates

Reviewing your Adjustable Rate Mortgage

Conventional and FHA Loan Limits for King, Snohomish and Pierce Counties

(last updated March 23, 2009)

Conforming/FHA

• 1-Family  $417,000
• 2-Family  $533,850
• 3-Family  $645,300
• 4-Family  $801,950

High Balance (revised 2009 limits)

• 1-Family $567,500
• 2-Family $726,500
• 3-Family $878,150
• 4-Family $1,091,350

Useful Links

Fannie Mae

FHA
FHA Wiki
FHA Approved Lender List
FHA Approved Condos

Freddie Mac

Friday Rate Post – History of Weekly Rates

HUD

Mortgage Market Guide Weekly Update