by Jason Boone | Sep 7, 2017 | Mortgage Loan, Mortgages
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...
by Jason Boone | Aug 1, 2017 | Bend Oregon Real Estate, Home Buying, Mortgage Interest Rates, Mortgage Loan, Mortgages
Even though interest rates for traditional 30-year mortgages are near the lowest on record, some home buyers in Bend, Oregon, take on adjustable-rate mortgages, or ARMs. These loans start, for a predetermined time, with an interest rate even lower than that of a...
by Jason Boone | Mar 24, 2017 | Home Buying Tips, Mortgage Loan, Mortgages
If you’re in the market to buy a home, you’re probably in the market for a mortgage, as well. Here are some suggestions on choosing a lender. Know your options for obtaining a mortgage. You’re not limited to a bank with nationwide branches or one of the big online...
by Jason Boone | Mar 2, 2017 | Buying a home, Mortgage Interest Rates, Mortgage Loan, Mortgages
By Jason Boone Even as the housing market rebounded from the depths of the recession, big banks largely stood on the sideline. They watched as nonbank institutions — companies that only make loans and don’t offer traditional banking services such as savings and...
by Jason Boone | Sep 26, 2016 | Bend Oregon Real Estate, Mortgage Interest Rates, Mortgage Loan, Mortgages
By Jason Boone Federal Reserve chairwoman Janet Yellen announced this month that the central bank would not raise its benchmark interest rate. What can be read into that for the housing market in Bend, Oregon? First understand that the Fed Funds Rate is used to set...
by Jason Boone | Feb 25, 2016 | Bend Oregon Real Estate, Mortgage Interest Rates, Mortgage Loan, Mortgages
By Jason Boone Negative interest rates have been a hot topic of late among those who follow fiscal policy. (And really, who doesn’t?) This is not without reason. Europe had already delved into negative interest policy when the Bank of Japan decided in January to...
