Two Portland Mortgage Success Stories

It has been a very busy time for us at Mortgage Trust. Rates are super low and holding steady, and the window for that $8,000.00 tax credit is fast closing. Affordability is rising across the board, and the annual end of summer real estate frenzy/climax is upon us. I wanted to take a moment to highlight …

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The Difference Between New & Old FHA Rules

Just recently for Portland Home Loan, I prepared an analysis for 4 purchase scenarios on the same property. It is a purchase of $300,000 here in Portland, OR, and the 4 options are: – 5% down conforming – 10% down conforming, and – 2 FHA options One FHA option is the current FHA cost structure, which has been …

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What To Do If You Are Underwater On Your House

Many of us are finding ourselves living in homes worth less than we paid to purchase them (myself included). Some of us purchased with a down payment, to find that equity we started with evaporating at what seems to be an alarming and relentless clip. Some of us purchased with little or no money down …

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Two Portland Mortgage Success Stories

It has been a very busy time for us at Mortgage Trust. Rates are super low and holding steady, and the window for that $8,000.00 tax credit is fast closing. Affordability is rising across the board, and the annual end-of-summer real estate frenzy/climax is upon us.

Read More

What To Do If You Are Underwater On Your House

Many of us are finding ourselves living in homes worth less than we paid to purchase them (myself included).

Read More

Low Rates and the Return of Private Mortgage Insurance (PMI)

Its happening again.  Rates are tumbling and tumbling more.  I read recently that avoiding closing costs in a declining rate…

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Is it Possible to Buy Real Estate with Less Than 20% Down?

A realtor colleague of mine was recently relating his shock to me about how often he is talking to renters…

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Planning for Retirement (60 Minutes Video)

I have never been too excited about the prospect of living off of my 401k proceeds in my golden years….

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Is this the top of the Portland Real Estate Market?

***SPOILER ALERT*** I’m not an economist, or statistician. I’m a Portland area mortgage lender, and Portland area home owner, as…

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Mortgage Rates for Portland OR: Sept 18th 2013 FED DAY!

HOLEY MOLEY! Anyone reading this is likely aware about the FED’s Taper talk, and why it matters to mortgage rates….

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