Archive for the buying or selling a home in Portland Oregon Category

A Visual of How Interest Rates Affect Mortgage Payments!

April18
[nggallery id=34] A simple one-percent increase in interest rates can have a dramatic effect on the payment.  Making a loan application and locking in the rate are key strategies to keeping your payments as low as possible. Call me (503-709-0802) or write (jj@janeesejackson.com ) and I’ll help you make an appointment with a mortgage professional.  We will form a partnership to find your new home or investment!!… Read More

Housing Affordability Could Be at the Best Levels We Might See in Our Lifetime???

April12
"Money's Too Tight to Mention" - Simply Red The Housing Affordability Index was developed over thirty years ago to help consumers determine when it is a good time to buy a home. It's considered advantageous to the buyer when the index is over 100 because a median income family can qualify for a median price home. Recent figures released by the National Association of REALTORS' economic department show that the 2011 index of 184.5 is the highest annual average since it has been calculated. The most recent month released, December 2011, was 194.9. The index is also broken down into four … Read More

Real Estate EXCITEMENT! And, What This REALLY Means for Portland Oregon Real Estate Pricing!!!

April10
"I'm So Excited" - The Pointer Sisters   Something different is definitely happening in our local Portland Oregon real estate market!!!   And, this is a good thing for our local real estate, our local economy and our local attitude (of course, just a little sunshine might fix that).  However, what is really happening?  I'm still assessing, but it's definitely not "the sky is falling" environment that we have endured the last few years.   I want to share a story or two, so you can get perspective on just how "finicky" our market might be AND how important it might be to be "p… Read More

CH-CH-CH Changes…Once Again Changes are a-coming in FHA Financing!

April5
"Changes" - David Bowie/Ziggy Stardust Ch-Ch-Ch-Changes!  Once again changes to FHA (Federal Housing Authority) mortgage lending: HUD has made several announcements regarding changes to FHA financing recently.  Below are a few highlights and key dates for you to know.  These are especially important if you are considering FHA financing and currently looking for a home!! FHA Changes Coming in April 2012: 1.      Self Employed borrowers will be required in most cases to provide a current P&L (profit & loss) statement and a Balance Sheet for qualification 2.     … Read More
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