Industry News

Stay in the know! Team Jet's blog is your go-to destination for staying ahead in the dynamic world of the mortgage industry. We are dedicated to providing you with the latest insights, trends, and news that matter most to homeowners, homebuyers, and industry professionals.

What is a Blended Rate?

By Sarahfina Perry • 19 Mar, 2024
Understanding your blended rate could be a key to financial freedom. When it comes to mortgages, many homeowners proudly boast about their low rates. But what if I told you that your mortgage rate is just one piece of the puzzle within your financial picture? It's important to consider your overall rate, known as your blended rate, which takes into account all of your debts and their respective rates, weighted by the outstanding balance.

Optimal Time to Invest: Bremerton-Silverdale Real Estate Insights

02 Feb, 2024
The real estate market is an ever-changing landscape, influenced by various factors such as economic trends, population growth, and local development. As we step into 2024, an exciting opportunity presents itself in the Bremerton-Silverdale area, with forecasted appreciation gains that could significantly benefit prospective investors and buyers. In this blog, we'll dive into the reasons why taking action now might be the key to unlocking substantial returns, drawing insights from a chart provided by Aimee Picchi from CBS News' Money Watch article released January 16, 2024 with data sourced by CoreLogic.

The Future of Mortgage Rates and the Fed's Next Move

By Sarahfina Perry • 21 Dec, 2023
This month the Fed Chairman, Jerome Powell spoke and it appears that the Fed has a more accommodative outlook for 2024.

2024 Conventional Loan Limits Released

By Sarahfina Perry • 29 Nov, 2023
Take advantage of increased loan limits that allow you to get conventional loans in higher-priced areas! Now at New American Funding, you can now borrow up to $766,550 in most of the country and $1,149,825 in select high-cost areas, all with down payment options as low as 3%. Let's take a look at updated limits for Washington state counties below. If you're interested in knowing what the increase is in your county and state, don't hesitate to contact us.

Buying a Home in Poulsbo, Washington

21 Nov, 2023
If you're considering buying a home in Poulsbo, Washington - you're in for a treat. In this blog, we'll take you through some of the many essential steps and considerations to make your home-buying journey in Poulsbo a seamless and enjoyable experience.

You Don't Need 20% Down to Purchase a Home

19 Nov, 2023
One of the biggest misconceptions for renters is the amount of down payment needed. Only 11% realize that a home could be purchased with just 5% down, and about 45% believe that a down payment of around 20% is needed. This is according to a 2023 survey from the National Association of Realtors.

Shave years, create wealth: the untapped potential of refinancing!

06 Nov, 2023
Mortgage refinancing continues to comprise nearly one-third of all mortgage transactions, despite the recent rise in interest rates.

The Power of a Pre-Approval

26 Oct, 2023
Want to get ahead in this competitive market?

The Fed holds the key to lower mortgage rates

By MBS Highway • 17 Sep, 2023
Who holds the key to lower mortgage rates? The Federal Reserve.

Strategic Refinancing: Building Long-Term Wealth

By MBS Highway • 17 Sep, 2023
If you are a homeowner with high indebtedness, there may be a solution that can also help create wealth, even if the interest rate on your current mortgage is low.
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