Buying a home for the first time can be both exciting and kind of terrifying at the same time (not to mention finding the right Portland home loan). However, with home prices at their lowest levels in years, Portland mortgage rates at historic lows, plus an $8000 tax credit that is available to first time [...]
If you have been watching the news at all lately (and it’s probably safe to assume that most people with a Portland home loan have been), you have probably heard a lot of discussion (bickering) about the concept “Mark to Market” and if changes need to be made. What exactly is Mark to Market and [...]
Over the past 30 years, Portland mortgage rates have ebbed and flowed significantly in a financial tide of home mortgage offerings. Near the beginning of the 1980s, for example, mortgage rates for regular thirty year, fixed rate mortgages were right around 18%. Today, though, we see rates for the same type of mortgage loan roughly [...]