Don't let these common myths stop you from buying a home!

I love this graphic. There is so much pride in your own home, it's incredible. It ties you to the community, to YOUR community. It is a great way to save (minus trips to Home Depot for home updates ;) ). Let me know how I can help you get into your own home!

Mortgage rates are getting better today. We are all in a 'floating' mode right now. Red is bad, green is good. Why are rates getting better? Trump plans to impose $50Billion in China tariffs, over intellectual property. That is driving people to bonds, which are making rates better. Trade war with China is not a good thing...

Mortgage rates are getting a little bit better this morning, basically offsetting the losses we had on Friday. Not really much movement over the last 6 weeks, as pricing has stayed in the same range. Here red is bad, green is good. Everything is saying to lock in rates as the FOMC meeting is coming up, where there is a good likelihood that they will raise rates. Here is a pricing scenario for you to get an idea of where things are at: 740+ credit score, 20% down, purchase, conventional loan. 4.625% Rate (4.712% APR) I always tell people that they can have any rate that they want. I priced this scenario with no extra cost for the rate, and no lender credit. If you wanted to pay about 1% of

Here is a good little chart explaining the cost of waiting to lock in a rate. Rates have slowed their march upwards, but will continue to creep up.

Hello! I am seeing and hearing more and more people talk about being able to qualify with the amount of assets they have. Sometimes qualifying for a Conventional loan is tough; maybe they are self-employed, slightly lower credit, or can't qualify for enough to get what they want in a house. There are programs for this! The details are below on how this program works. This is a mortgage BROKER only program, so contact me if you want to go over it. 1. Need enough assets (see verified assets below for percentage allowed to use) to cover: A. Loan Amount B. 5 years revolving debt C. Closing Cost and Down Payment 2. The assets are not pledged or held

This is a stunning video done by Travel OR. I encourage you all to watch.

Good morning! Mortgage rate are staying fairly stable at the moment. Last Friday there was a huge number of jobs created, which usually hurts rates. It did not in this case. They continue to stay in a vary narrow range. You can see that here: In this case, red is bad, green is good. As you can see, things staying in a very narrow range. Here is a pricing scenario: 740+ credit score, 20% down, purchase, conventional loan. 4.5% Rate (4.632% APR) I always tell people that they can have any rate that they want. I priced this scenario with no extra cost for the rate, and no lender credit. If you wanted to pay about 1% of the loan amount towards a discount in the rate, you'd be looking at 4

Good morning! A brief mortgage rate update for today. Rates are getting a little bit better today. Here is the 48 hour chart: Rates and the stock market a waiting to see what happens with Trump and his tariff idea. The markets don't like it, but it might actually help mortgage rates. Here is a pricing scenario: 740+ credit score, 20% down, purchase, conventional loan. 4.5% Rate (4.641% APR) I always tell people that they can have any rate that they want. I priced this scenario with no extra cost for the rate, and no lender credit. If you wanted to pay about 1% of the loan amount towards a discount in the rate, you'd be looking at 4.250% (4.347% APR). Each scenario will be different. Pl

Morning everyone! I wanted to touch on appraisals. In the past couple of years, appraisal costs, and timelines, have gone up. Part of that is the amount of demand for appraisers, and the lack of appraisers working in #PDX metro area. It is true..becoming an appraiser is not an easy thing to do, so a lot of people are not interested in going into that field. So, supply and demand, means appraisal costs have shot up. When I started, the cost of an appraisal was about $425. Now, some companies are charging close to $900 for an appraisal. I think it was due time for that service cost to go up, but it can be a painful hit to someones savings. Fannie Mae and Freddie Mac have both seen this,

Hello Everyone! Mortgage rates continue to get worse on us. Here is a rate chart for today. What does that mean for a rate though? Here is a common scenario for you to look at. 740+ credit score, 20% down, purchase, conventional loan. 4.5% Rate (4.621% APR) I always tell people that they can have any rate that they want. I priced this scenario with no extra cost for the rate, and no lender credit. If you wanted to pay about 1% of the loan amount towards a discount in the rate, you'd be looking at 4.375% (4.442% APR). Each scenario will be different. Please let me know if you'd like me to run a scenario for you!