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Rates
August 28th, 2008 12:51 PM

Portland Mortgage rates are down recently.  This is an illusion though.  Credit score requirements are way up, so the lower your score is, the more you have to add to the rate to get the home loan.  The problem is credit is getting more and more difficult to obtain.  Financial institutions are worried about handing out money, which is a problem, since that is what they do.  Since the lending limits were raised, they have to cover a broader market, extending the risk. 

The good news is: if you have been saving responsibly, and you are ready to purchase a new home, right now is an amazing opportunity to get that done.  The Portland Real Estate market is only slightly down, and the upswing is about to begin.  Give us a call and start down the path to home ownership!


Posted by Del Lisenbee on August 28th, 2008 12:51 PMPost a Comment (0)

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Economy Up
August 18th, 2008 1:33 PM

It was bound to happen.  The United States economy is now showing that it remains one of the strongest in the world.  The Dollar is up, oil is down, and we are still kicking.  The rest of the world is starting to realize that the US is still the place to be.

If you have been waiting to make sure the economy is OK, to look for real estate, STOP.  Now is the time to purchase real estate in Portland.  We can help you with your mortgage / mortgages.  The market is starting it's march upward.  Get in now, and march forward with it.


Posted by Del Lisenbee on August 18th, 2008 1:33 PMPost a Comment (0)

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