It’s that time of year again! Late October in Oregon. Time for all the non-Multnomah county residents to pat themselves on the back and temporarily feel superior, and bask in the glow of their money savings for a couple weeks. Property taxes are now certified for the state of Oregon. This means that the […]
How to tell if your taxes are included in your mortgage Read More »
I have never been too excited about the prospect of living off of my 401k proceeds in my golden years. I’m pretty young, so its a fairly abstract concept anyway, but it has never seemed to fully make sense that you can just “save” the money to live off of indefinitely. I understand that the
Planning for Retirement (60 Minutes Video) Read More »
***SPOILER ALERT*** I’m not an economist, or statistician. I’m a Portland area mortgage lender, and Portland area home owner, as well as a Portland area landlord. So I feel I’m writing this as an interested bystander with a ring side view of the action. My team and I participate in anywhere from 5-15 purchase transactions
Is this the top of the Portland Real Estate Market? Read More »
We’ve had a stunning run here in the last 2 weeks with conforming 30 year fixed rates holding steady at around 4.75%. Now that the fist quarter is in the books we’ve got “earnings season”! This means that all the big public companies are going to tell their shareholders how much they made or lost.
Economy Shows a Pulse – This Could Effect Rates Read More »
HOLEY MOLEY! Anyone reading this is likely aware about the FED’s Taper talk, and why it matters to mortgage rates. I was cautiously optimistic that we would get a break out of our recent bond trading range after the release of today’s Meeting minutes. However, I had locked most of my clients prior to
Mortgage Rates for Portland OR: Sept 18th 2013 FED DAY! Read More »
Are you sick of this yet? Mortgage rates hit their all time lows this week on Wednesday. Thirty-year fixed rate loans touched 3% if you pay a point (APR of 3.167)… so basically this is getting cray-cray, or to use a technical term, “bananas”. What is causing this? Combination of the new unlimited QE3 followed
Mortgage Rate Bulletin Sept. 28th Read More »
The PDX Home Loan team is proud to offer down payment assistance grants from the National Homebuyers Fund through what is called the “NHF Platinum” purchase program. Down payment assistance grants, also known as “DPA programs” were all the rage in the mid-2000’s. There were more than a few non-profit organizations who could insert themselves
Down payment assistance for buyers who qualify Read More »
So you want to become a real estate investor….. How to begin? First of all, I applaud you! Most don’t get the gumption to act on their intuition about owning investment real estate in Portland, but here you are- You had the idea, and now you’re doing a little bit o’ internet research. Most people
Becoming a first time Landlord Read More »
I just received a very generous offer from my CPA here in Portland, Grant Folske. He has offered any of my clients a flat fee of $200 to file an amended 2008 tax return. If you’ve become a first time home buyer in 2009, and you were waiting to claim that purchase on next years
Get Your Tax Credit NOW Read More »
The result of today’s Fed meeting is that they are leaving their key interest rate unchanged. Their optimistic tone about the “easing of our recession” has created a huge surge in the market place. Stock market is going up, a lot of money is leaving bonds and mortgage backed securities which is forcing fixed mortgage
Fed Meeting Effect Read More »
