Archive for the Mortgage Loans Category

Interests Rates Make a Big Jump Today!

May10
"The Heat is ON!!" - Glenn Frey Our housing market has enjoyed the benefits of historically LOW, LOW rates for quite some time now.  And, complacency can be the enemy of building wealth.  This morning we've seen the largest swing in mortgage interest ra… Read More

“What We Got Here is Failure to Communicate”! Portland’s Sellers Market–Is It Time to Consider a Move???

May7
"Cool Hand Luke" Our recovering Portland Metro real estate market is still a bit tentative and I totally understand!!!  We are slowly emerging from 4-5 years (according to when you feel our recent real estate bust began and ended) of plunging property values, "underwater" mortgages and an uncertain economy!!  Now increased faith in our overall economic status + historically low interest rates + diminished housing prices are luring buyers back into the marketplace at a more rapid pace than sellers are preparing for market.  So, as the warden in "Cool Hand Luke" said to Paul Newman "what… Read More

Home Loan Rates Decline Again!!!

April30
"Missed Opportunity" - Alfa Here is a re-post of a very interesting article on mortgage rates written by Eric Newman of American Pacific Mortgage (with permission).  Please don't hesitate to call Eric at 503-698-5801 for more information.  Interest rate… Read More

Average 30-Year Fixed Home Mortgage Rates Since 1983! Need I Say More?

April23
George Strait - "Need I Say More?" Need I say more?  Just in case you need some inspiration, here is the average Fannie Mae/Freddie Mac mortgage rate since 1983, the average FHA mortgage rates since 1993 and the 200-yr look back at mortgage rates.  VERY INTERESTING! [nggallery id=43]… Read More