As mortgage rates slowly climb in 2014 saving money will become ever more important during the home buying process. While reviewing your options with your loan officer one thing to consider is biweekly payments instead of monthly.

“Making biweekly payments on your mortgage will cut your interest payments and shorten the term of your loan. Biweekly payments can be set up as an automatic debit from your account:  You can request that your mortgage lender debit your account every two weeks, and collect half of your required monthly payment.”

To see how this decision can save you tens of thousands of dollars view the whole article here:  http://bargainagents.realtytimes.com/advicefromagents1/item/28815-how-to-save-tens-of-thousands-in-mortgage-payments

Pierce County Statistics:

Homes for sale in Spanaway : Months of Inventory April 2014: 3.3. Up 11.5% compared to the last month.

Homes for sale in Tacoma : Months of Inventory April 2014: 2.6. Up 9.8% compared to the last month.

Homes for sale in Lakewood : Months of Inventory April 2014: 4.5. Up 37% compared to the last month.

Homes for sale in Fife : Months of Inventory April 2014: 1.9. Down 41.9% compared to the last month.

Homes for sale in Milton: Months of Inventory April 2014: 1.3. Down 61.4% compared to the last month.

Homes for sale in Edgewood : Months of Inventory April 2014: 5. Down 16.7% compared to the last month.

Homes for sale in University Place : Months of Inventory April 2014: 4.3. Up 2.8% compared to the last month.

Homes for sale in Fircrest : Months of Inventory April 2014: 2.6. Down 21.4% compared to the last month.

Homes for sale in Dupont : Months of Inventory April 2014: 9.4. Up 88% compared to the last month.

Homes for sale in Puyallup : Months of Inventory April 2014: 3.7. Up 5.6% compared to the last month.