What will happen to home prices during a recession?

Fannie Mae & Freddie Mac Changes

The best thing that happened in 2022 is mortgage rates increased!

Higher mortgage rates bring greater balance to the housing market.

Home Prices in Next Recession

I believe, if home prices fall, they WILL NOT fall drastically. Here is why!

2022 Portland, OR Housing Marketing Update

Are we at peak mortgage rates?

Are we at peak mortgage rates?

What Fed rate hikes really mean?

Oftentimes there is a misconception that when the FED hikes short-term interest rates, mortgage rates automatically increase. The truth is Federal Fund rates are NOT directly correlated to mortgage rates!

 

Mortgage Rates tick higher on stock market rally

Please click below to watch this week’s update which includes information on current interest rates, the stock market rally, and an update on mortgage forbearance:


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Current Outlook: floating

Mortgage rates hold steady, a guess at unemployment rate, and credit tightens further

Please click below to watch this week’s update:


Please feel free to share this with others!

Current Outlook: floating