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 mortgage to choose when […]
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 it’s not impossible. Credit […]
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 a 30-year fixed loan fell to 4.27 percent […]
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 Consumers? The Qualified Mortgage Rule will protect more consumers across the […]
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 the fourth quarter of 2012, and that’s assuming […]
More American’s Are Getting Mortgages In Spite Of Stricter Regulations BEND – Thanks to a recent Fannie Mae Survey we know that more American’s than ever before are feeling optimistic about getting mortgage loans and that’s good news considering the fact that with more rules and regulations in the mortgage industry it’s been difficult […]
New Rules Set The Standard For Mortgages There’s no denying that the mortgage market has changed over the years following the collapse of the Real Estate market as the Federal Government has worked harder at protecting consumers and as of January 10th 2014 new mortgage rules are expected to be enacted that will change what […]
Thanks to their recent quarterly reports, we know that Fannie Mae and Freddie Mac both enjoyed profits during the third quarter of this year. Fannie Mae had a profit of $8.7 billion, while Freddie Mac had a profit of $30.5 billion. What does this mean for the American taxpayer? It means good news because; both […]
There’s no denying that the Bend Oregon Real Estate market is changing constantly, and 2013 has been a great example of this, since at the beginning of this year we had a sellers-market, thanks to rising home values, and high demand for homes, but now we are entering a buyers-market since there are traditionally fewer […]