Mortgage rates are down for the fourth week running, putting interest rates at lows not seen since May. The going rate on a 15-year mortgage is hovering well below 4%. So should you consider refinancing from a 30-year mortgage to a 15-year mortgage? Here are some questions to consider before you make a decision. How […]
If you own your home, you’re probably very aware of your monthly mortgage payment and its interest rate. Payments on interest can add up to tens of thousands of dollars over the life of your mortgage, and the money you pay on interest does you less good in the long run than what you pay […]
You’ve followed our guide on 15 ways to save for a new home, and now you have enough to make that down payment. But what if the home you’re looking at needs some TLC — or more than that, some serious renovation? Financing a fixer-upper can be tough, but we’re here to walk you through it! […]
We know that buying a home is a complex, multi-step process. A lot of home buyers overlook a potentially useful early step in the process: pre-qualification. If you haven’t heard of a pre-qualification, you’re hardly alone. It’s not as big or as flashy as its older sibling, a pre-approval. But a pre-qualification is a handy […]
So you’ve made an offer on a home, been approved for financing, gone through the inspection process, and deposited your funds into escrow. The big day has arrived, and you are ready to close on your home. Congratulations! As one of the most important steps in the purchase process, closing on your home can be […]
I think we can all agree that mortgages can be very complicated and even the most experienced home buyer can get tripped up with some of the technicalities of obtaining and closing on a home loan. It is important however, that before you commit to your next Oregon mortgage, you clearly understand the terms of […]
There have been many people waiting on the sidelines for the real estate market to improve and now that we are starting to see a turn for the better in the marketplace and housing prices swing into the positive again, sellers are beginning to gain confidence in the market and listing their homes for sale. […]
