Banks really do want to make home loans

In the aftermath of the housing bubble, there was a common perception that mortgages were impossible to obtain, that banks didn’t want to make home loans. Based on a recent publication from Oregon Community Credit Union on the home mortgage environment, that...

Mortgage rates falling despite Fed’s increase

When the Federal Reserve Board raised its benchmark interest rate by a quarter of a point in mid-March, the consensus prediction was that mortgage rates would rise as well. Instead, the interest rate on the popular 30-year mortgage last week fell for the fourth week...