RESIDENTIAL & COMMERCIAL SERVICES | Snohomish & Skagit

Featured Story

Wire Fraud Alert

Wire Fraud Alert image

CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe



Local CRE Trends

 

The Latest Articles From the Newsdesk:

Best IRA CD rates — October 2022
...For instance, IRAs fall in the “Certain Retirement Account” category at the FDIC. The coverage limit is $250,000 per owner on IRAs at an FDIC bank in a deposit product, such as a savings account...

Best jumbo CD rates — October 2022
...into a jumbo CD that is insured through Federal Deposit Insurance Corp. (FDIC) bank or a National Credit Union Administration (NCUA) institution. Just make sure that the CD is within insurance...

What Do Bitcoin Investors Need To Know As October Begins?
...investment opportunities.” Further, he suggested that investors closely monitor 10-year and 30-year mortgage rates, inflation reports, unemployment figures and the monetary policy decisions

U.S. Regulators Recommend Three New Bills To Address Crypto Risks And Gaps
...The FSOC consists of the SEC, CFTC, Treasury, FTC, OCC and the FDIC, among others.

Property taxes by state
...what the property tax would be on the U.S. national median home sales price of $440,300, as of the second quarter of 2022. State Average State Tax Rate Median Home Value Annual Tax on Median...

Best jumbo money market rates — October 2022
...According to its website it was the first state-chartered online bank with FDIC insurance. First Internet Bank offers a Money Market Savings account. This account rewards you for depositing...

UWM rollouts include title policy alternative product
...out a product that will allow brokers to bypass their need for title insurance.  Title Review and Closing, or TRAC, is one of three new and updated tools from the leading wholesale lender announced...

Mortgage Rates Are Closing In On 7%, Signaling Risk Of House Price Declines
...is early days, with house prices still generally up year-over-year. Housing Affordability Mortgage rates matter for many buyers since they determine what many buyers can afford. The median...

Why Ginnie Mae's capital rules have remained a sticking point for some
...which will reduce the value of servicing rights and thus increase government mortgage rates to consumers," Stevens predicts. "It will likely create consolidation because some won't be able to...

Mortgage Rates on Oct. 3, 2022: Rates Move Upward - CNET
Today some notable mortgage rates climbed higher. If you're in the market for a home loan, see how your payments might be affected by inflation. >A handful of principal mortgage rates are now...