Kay Johnson

NMLS # 1647924

206-451-4024

kay@blgloans.com

Kay Johnson Loan Officer

Blog

An Excellent Credit Score can Save you Big Money

An Excellent Credit Score can Save you Big Money

As interest rates on long-term mortgages continue to rise, buying a home at today’s record-high prices can be a challenge. However, a recent study from Zillow found that there is one thing home buyers can do to save themselves big time when it comes to mo

Sep 27, 2022 | Credit

Weekly Rate Update for September 23, 2022

Weekly Rate Update for September 23, 2022

Here are the weekly rates as of September 23, 2022: 30 Year Fixed Conforming: 6.375% (6.470% APR) 15 Year Fixed Conforming: 5.750% (5.926% APR) 7/6 Jumbo ARM: 6.000% (5.289% APR) 30 Year Fixed Jumbo: 5.875% (6.021% APR) For the rate sheet PDF, click

Sep 24, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Jumbo Loans Mortgages

Understanding LTV Ratios

Understanding LTV Ratios

LTV Defined The loan-to-value ratio is the comparison of the mortgage balance to the market value of the home. It is calculated by dividing your loan amount by the value of the property you currently own or the one you want to buy. For example, you want t

Sep 22, 2022 | Purchasing a Home

Don't Let Rates keep you from Buying or Selling

Don't Let Rates keep you from Buying or Selling

It's no secret that mortgage interest rates have risen this year. Rates have risen almost four percentage points in less than a year. That kind of rate increase can be stressful for home buyers? But what about home sellers? How do increasing rates affect

Sep 20, 2022 | Interest Rates

Weekly Rate Update for September 16, 2022

Weekly Rate Update for September 16, 2022

Here are the weekly rates as of September 16, 2022: 30 Year Fixed Conforming: 5.920% (6.023% APR) 15 Year Fixed Conforming: 5.375% (5.527% APR) 7/6 Jumbo ARM: 5.625% (5.076% APR) 30 Year Fixed Jumbo: 5.750% (5.894% APR) For the rate sheet PDF, click

Sep 18, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Jumbo Loans Mortgage

Is It Possible to Refinance a VA Loan?

Is It Possible to Refinance a VA Loan?

If you have a VA loan as a military homeowner, you know that these loans offer some of the best rates and terms on the market. With no down payment requirements, and low credit score qualifications, VA loans provide veterans, active-duty military and thei

Sep 15, 2022 | VA Loans