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3 Reasons to Consider a 15-Year Mortgage Vs. A 30-Year Mortgage

by Jason Boone | Jun 11, 2014 | Mortgage Information

By Jason Boone As a home buyer you have a lot of decisions to make ahead of you and one of the biggest decisions is should you choose a 15-year mortgage or a 30-year mortgage? Although many people will tell you by default that a 30-year mortgage is always the best...

What Does It Really Take To Qualify For A Home Loan In 2014?

by Jason Boone | Apr 24, 2014 | Mortgage Information

If you ask any Bend Oregon Realtor or Mortgage Broker they will tell you that the requirements for qualifying for a home loan in 2014 have changed but thankfully even though it may be more difficult to get a home loan in this day and age compared to 2006 for example...

Mortgage Interest Rates Drop for Second Straight Week

by Jason Boone | Apr 17, 2014 | Mortgage Interest Rates

Mortgage interest rates in the United States fell for the second week in a row as more home buyers, especially those in Bend ventured out to start searching for homes once again. Thanks to recent statistics from Freddie Mac we know that the mortgage interest rate for...

Most Lenders Still Not Excited About QM Rules

by Jason Boone | Apr 2, 2014 | Mortgage Information

Back in January 2014 the Qualified Mortgage Rule (QM) was put into place and it’s phase one of two rules from the Dodd-Frank Wall Street Reform and Consumer Protection Act that’s expected to strengthen the housing market and protect consumers. How Will It Protect...

Mortgage Payments Rose in Fourth Quarter Of 2013

by Jason Boone | Mar 3, 2014 | Mortgage Information

It’s no surprise that with the improving economy almost every part of the Real Estate market is going up including mortgage payments. In a recent report from RealtyTrac we know that mortgage payments rose 21 percent in the fourth quarter of 2013 to $865, from $714 in...
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May 2023 Market Trends for Bend Real Estate

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Although there were 16% fewer new listings in...

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