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Tag: Home Affordability

The ‘Summer Swoon’ Continues With Mortgage Rates
Posted on 09/06/2019
The ‘Summer Swoon’ Continues With Mortgage Rates
Source: Freddie Mac, REALTOR® Magazine Mortgage interest rates continue to slowly drop meaning it is a great time to seriously be looking at purchasing a home. With home appreciation in the Portland, OR Metro being in the low single digitals, low unemployment and rising wages; we now have one of the most affordable home markets in the last...
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Mortgages Haven’t Been This Cheap Since 2016
Posted on 08/10/2019
Mortgages Haven’t Been This Cheap Since 2016
Graphic source: Freddie Mac It is great time to be looking to get a mortgage to purchase a home. Housing affordability has reached an 18 month high. Our local multiple listing service reports there are over 22,000 homes and properties currently listed for sale. Here is an article about the latest report on mortgage rates. The 30-year fixed-rate...
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Mortgage Rates Stay Flat, But That’s a Good Thing
Posted on 08/02/2019
Mortgage Rates Stay Flat, But That’s a Good Thing
Photo source: Fredie Mac Mortgage rates are low and holding fairly steady. It is really a good time to be in the market to buy or sell a home. Affordability increases for buyers and the number of buyers eligible to purchase your home increases under today's conditions. Here are more details. The 30-year fixed-rate mortgage barely budged this...
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