Mortgage News

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 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 …

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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 who aren’t considering buying real estate because they are under the impression that a purchase requires a 20% down payment.  This idea couldn’t be further from the truth, and this message is sadly often relayed …

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How does the Government shutdown affect mortgages?

Quick memo here about how the 2013 “partial Government shutdown” will affect those trying to get a mortgage right now.  The short answer is – government shutdown = mortgage shutdown.  I have a few clients who have their loan files getting their final docs to the title company for signing and funding.  THOSE loans will …

How does the Government shutdown affect mortgages? Read More »