by Jason Boone | Apr 16, 2014 | Mortgage Loan, Mortgages
In March of this year the mortgage bankers association released its weekly applications survey which shows that mortgage applications have declined by 54 percent in the last year. What’s the cause for the decline in mortgage applications? According to the mortgage...
by Jason Boone | Mar 3, 2014 | Mortgage Loan, Mortgages
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...
by Jason Boone | Nov 15, 2013 | Real Estate News
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...
by Jason Boone | Nov 5, 2013 | Real Estate News
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...
by Jason Boone | Oct 28, 2013 | Real Estate News
This summer when the Federal Government announced that they were no longer going to buy mortgage backed securities that shot up mortgage interest rates and sent the Real Estate market into a temporary state of shock until the Fed backed off on their plans. Last week...